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Nuveen AMT-Free Municipal Credit Income Fund

NVGFinancial ServicesNASDAQ

Asset Management · Last scanned May 30, 2026

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Financials · Annual
Revenue
$70.8M
-87.6% YoY
Net Income
$57.0M
-89.7% YoY
Free Cash Flow
$125.4M

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About Nuveen AMT-Free Municipal Credit Income Fund

Headquartered within the financial services sector, Nuveen AMT-Free Municipal Credit Income Fund focuses on Asset Management services and products. Nuveen AMT-Free Municipal Credit Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. Valued at $2.71B, NVG is a mid-cap name in its sector. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC.

Key stats
Market Cap$2.71B
P/E (TTM)46.93
EPS$0.27
Beta0.81
52W Change+6.9%
Dividend Yield7.48%
ROE2.0%
Analysis

Nuveen AMT-Free Municipal Credit Income Fund carries $1.93B in total debt against $1.7M in cash reserves — debt is roughly 1151.8x the cash position. Managing this leverage effectively will be important for long-term financial stability. Annual free cash flow of $125.4M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 2.0%, which is modest for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 2.4% is on the lower side, which is common in asset-heavy industries. Revenue has grown from -$899.3M (2022) to $70.8M (2025), reflecting a 108% increase over the period.

The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Nuveen AMT-Free Municipal Credit Income Fund's trajectory.

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