NZF Profile
Nuveen Municipal Credit Income Fund, a closed-ended fixed income mutual fund introduced by Nuveen Investments, Inc., operates under the expert co-management of Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Focused on the fixed income markets of the United States, the fund specializes in acquiring undervalued municipal securities and similar investments that offer income exempt from regular federal income taxes. Its investment strategy centers on securities rated Baa/BBB or higher, with an average maturity around 18 years, employing rigorous fundamental analysis and a meticulous bottom-up stock selection approach to construct its portfolio.
The fund benchmarks its performance against the Standard & Poor's (S&P) National Municipal Bond Index, ensuring transparency and competitive performance within the municipal bond sector. Previously known as Nuveen Enhanced Municipal Credit Opportunities Fund, it was established on March 21, 2001, and is based in the United States, catering to investors seeking tax-efficient income generation through strategic municipal bond investments.
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