Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) Plans $0.08 Monthly Dividend

Nuveen AMT-Free Municipal Credit Income Fund (NYSE:NVG) declared a monthly dividend on Thursday, August 1st, Zacks reports. Stockholders of record on Thursday, August 15th will be given a dividend of 0.079 per share on Tuesday, September 3rd. This represents a $0.95 annualized dividend and a dividend yield of 7.36%. The ex-dividend date of this dividend is Thursday, August 15th.

Nuveen AMT-Free Municipal Credit Income Fund has decreased its dividend by an average of 15.7% per year over the last three years.

Nuveen AMT-Free Municipal Credit Income Fund Price Performance

Shares of NYSE:NVG traded up $0.07 during trading on Friday, hitting $12.88. 781,952 shares of the stock traded hands, compared to its average volume of 546,169. The company has a fifty day moving average price of $12.31 and a two-hundred day moving average price of $12.00. Nuveen AMT-Free Municipal Credit Income Fund has a 52-week low of $9.68 and a 52-week high of $12.93.

Nuveen AMT-Free Municipal Credit Income Fund Company Profile

Nuveen AMT-Free Municipal Credit Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes that are rated Baa/BBB or better by S&P, Moody's, or Fitch, and that have an average maturity of 17.02 years.