Oxbow Advisors LLC Lowers Stake in Nuveen AMT-Free Municipal Credit Income (NVG)

Oxbow Advisors LLC reduced its position in shares of Nuveen AMT-Free Municipal Credit Income (NYSE:NVG) by 3.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 954,386 shares of the company’s stock after selling 36,182 shares during the quarter. Nuveen AMT-Free Municipal Credit Income comprises approximately 1.7% of Oxbow Advisors LLC’s holdings, making the stock its 11th largest holding. Oxbow Advisors LLC’s holdings in Nuveen AMT-Free Municipal Credit Income were worth $13,896,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Chicago Partners Investment Group LLC purchased a new stake in Nuveen AMT-Free Municipal Credit Income during the 2nd quarter valued at $102,000. Selective Wealth Management purchased a new stake in Nuveen AMT-Free Municipal Credit Income during the 3rd quarter valued at $105,000. Coe Capital Management LLC purchased a new stake in Nuveen AMT-Free Municipal Credit Income during the 2nd quarter valued at $146,000. Centaurus Financial Inc. purchased a new stake in Nuveen AMT-Free Municipal Credit Income during the 2nd quarter valued at $182,000. Finally, Brand Asset Management Group Inc. purchased a new stake in Nuveen AMT-Free Municipal Credit Income during the 2nd quarter valued at $188,000.

NYSE:NVG opened at $13.77 on Friday. Nuveen AMT-Free Municipal Credit Income has a fifty-two week low of $13.30 and a fifty-two week high of $15.70.

The business also recently declared a monthly dividend, which will be paid on Monday, December 3rd. Investors of record on Thursday, November 15th will be issued a dividend of $0.065 per share. The ex-dividend date of this dividend is Wednesday, November 14th. This represents a $0.78 annualized dividend and a yield of 5.66%.

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Nuveen AMT-Free Municipal Credit Income 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.

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Institutional Ownership by Quarter for Nuveen AMT-Free Municipal Credit Income (NYSE:NVG)

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