New Zealand markets close in 13 minutes
  • NZX 50

    11,689.95
    -38.52 (-0.33%)
     
  • NZD/USD

    0.6243
    +0.0002 (+0.03%)
     
  • NZD/EUR

    0.6127
    +0.0006 (+0.10%)
     
  • ALL ORDS

    7,254.10
    +3.80 (+0.05%)
     
  • ASX 200

    7,015.70
    +0.10 (+0.00%)
     
  • OIL

    89.18
    +0.17 (+0.19%)
     
  • GOLD

    1,787.80
    -3.40 (-0.19%)
     
  • NASDAQ

    13,207.69
    -103.31 (-0.78%)
     
  • FTSE

    7,439.74
    -8.32 (-0.11%)
     
  • Dow Jones

    32,803.47
    +76.67 (+0.23%)
     
  • DAX

    13,573.93
    -88.77 (-0.65%)
     
  • Hang Seng

    20,050.15
    -151.79 (-0.75%)
     
  • NIKKEI 225

    28,247.93
    +72.06 (+0.26%)
     
  • NZD/JPY

    84.3630
    +0.1570 (+0.19%)
     

Nuveen Municipal Credit Income Fund Declares Post-Reorganization Distribution

·3-min read

NEW YORK, June 06, 2022--(BUSINESS WIRE)--Nuveen today announced that the Nuveen Municipal Credit Income Fund (NYSE: NZF) has declared a post-reorganization distribution. The distribution follows the pre-reorganization distribution, announced on May 24, 2022.

The following dates apply to today's post-reorganization distribution declaration:

Record Date

June 16, 2022

Ex-Dividend Date

June 15, 2022

Payable Date

July 1, 2022

Per Share Distribution

Ticker

Exchange

Fund Name

Tax-Exempt

Income

NZF

NYSE

Nuveen Municipal Credit Income Fund

$0.0549

As previously indicated in the announcement of the pre-reorganization distribution declared May 24, 2022, payable July 1, 2022, NZF is declaring an additional distribution, payable July 1, 2022, to ensure that the total dollar amount of the pre- and post-reorganization distributions received on July 1, 2022 will be equal to or greater than the prior monthly distribution of NZF. In addition, the post-reorganization distribution payable by NZF on July 1, 2022 will be equal to or greater than the prior monthly distribution of Nuveen Enhanced Municipal Value Fund, which was reorganized into NZF on June 6, 2022.

Nuveen is a leading sponsor of closed-end funds (CEFs) with $62 billion of assets under management across 58 CEFs as of 31 Mar 2022. The funds offer exposure to a broad range of asset classes and are designed for income-focused investors seeking regular distributions. Nuveen has more than 30 years of experience managing CEFs.

For more information, please visit Nuveen’s CEF homepage www.nuveen.com/closed-end-funds or contact:

Financial Professionals:
800-752-8700
Investors:
800-257-8787

Media:
media-inquiries@nuveen.com

About Nuveen

Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.2 trillion in assets under management as of 31 Mar 2022 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.

Nuveen Securities, LLC, member FINRA and SIPC.

The information contained on the Nuveen website is not a part of this press release.

FORWARD-LOOKING STATEMENTS

Certain statements made herein are forward-looking statements. Actual future results or occurrences may differ significantly from those anticipated in any forward-looking statements due to numerous factors. These include, but are not limited to:

  • market developments;

  • legal and regulatory developments; and

  • other additional risks and uncertainties.

You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Nuveen and the closed-end funds managed by Nuveen and its affiliates undertake no responsibility to update publicly or revise any forward-looking statements.

The annual and semi-annual reports and other regulatory filings of Nuveen closed-end funds with the Securities and Exchange Commission ("SEC") are accessible on the SEC’s web site at www.sec.gov and on Nuveen’s web site at www.nuveen.com/cef and may discuss the above-mentioned or other factors that affect Nuveen closed-end funds. The information contained on the Nuveen website is not a part of this press release.

EPS-2228774PR-E0622X

View source version on businesswire.com: https://www.businesswire.com/news/home/20220606005839/en/

Contacts

Financial Professionals:
800-752-8700
Investors:
800-257-8787

Media:
media-inquiries@nuveen.com

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting