NVG Profile
Nuveen AMT-Free Municipal Credit Income Fund, established on July 12, 1999, and based in the United States, is a closed-ended fixed income mutual fund managed by Nuveen Investments, Inc. Co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC, the fund focuses on investing in the fixed income markets across the United States.
The fund specializes in acquiring undervalued municipal securities and related investments that offer income exempt from regular federal income taxes. These securities typically hold ratings of Baa/BBB or better from leading credit rating agencies such as S&P, Moody's, or Fitch, with an average maturity of approximately 17.02 years. Nuveen AMT-Free Municipal Credit Income Fund employs a meticulous investment approach rooted in fundamental analysis and a bottom-up stock picking strategy to construct its portfolio.
To evaluate its performance, the fund benchmarks against the Standard & Poor's (S&P) Insured Municipal Bond Index, ensuring rigorous assessment and alignment with industry standards. Previously known as Nuveen Insured Dividend Advantage Municipal Fund and Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund, the fund continues to evolve under its current mandate, catering to investors seeking tax-efficient income solutions within the municipal bond market.
With its long-standing presence and commitment to prudent investment management, Nuveen AMT-Free Municipal Credit Income Fund remains a cornerstone in the realm of fixed income investing, offering a diversified portfolio designed to deliver stable returns and tax advantages to its shareholders.
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