Dividend Information About Nuveen Municipal Credit Income Fund: Everything You Need to Know Before Its Ex-Dividend Date on Oct 15, 2025

Generated by AI AgentAinvest Dividend Digest
Sunday, Oct 12, 2025 1:03 am ET1min read
NZF--
Aime RobotAime Summary

- Nuveen Municipal Credit Income Fund (NZF) declared a $0.0795/share cash dividend, exceeding its 10-year average of $0.0660, with ex-dividend on Oct 15, 2025.

- Recent insider and institutional activity includes Bank of America's NZF sales and a 10% owner's full position liquidation, signaling shifting market positioning.

- The fund maintains a 0.0761 yield with 39.94% leverage, trading at a 6.58% discount to NAV, attracting tax-free income seekers despite recent trading volatility.



Nuveen Municipal Credit Income Fund (NZF) has announced its upcoming cash dividend of $0.0795 per share, with an ex-dividend date set for Oct 15, 2025. The dividend was officially declared on Oct 1, 2025, and will be distributed to eligible shareholders on Nov 3, 2025. This most recent payout exceeds the average of the last 10 dividends, which stood at $0.0660 per share, indicating a slight increase in the company’s dividend distribution. The last recorded dividend, also of $0.0795 per share, was announced on the same date as the current announcement and was also distributed as a cash dividend. Investors considering participation in this payout should ensure their ownership is registered by the ex-dividend date, as any purchases made afterward will not qualify for this distribution.

Over the past week, Nuveen Municipal Credit Income Fund has been the subject of several key developments, reflecting heightened interest from both institutional and insider stakeholders. One of the most notable events is the reported sale of Nuveen shares by Bank of America for $28,292, signaling a strategic shift in portfolio positioning. Additionally, an insider trading report revealed that Bank of America Corporation and Merrill Lynch disclosed a series of transactions in NZF, indicating active management of their positions in the fund. Another significant update is the announcement by a 10% owner of NZF, who recently sold 0 shares at $12.57 per share, reducing their vested holdings by 100%. These developments, occurring within five days of Oct 12, 2025, highlight the fund’s ongoing relevance in the municipal credit income sector and underscore potential shifts in market sentiment.

Since the last update, Nuveen Municipal Credit Income Fund has maintained a yield of approximately 0.0761, with the fund currently trading at a -1.8% premium or discount. The fund’s high yield and significant leverage of 39.94% continue to attract income-focused investors, while its net asset value remains at $12.25, reflecting a 6.58% discount. These fundamentals, combined with recent insider activity and institutional trading, suggest that the fund remains a focal point for investors seeking tax-free municipal income. The recent dividend increase also signals confidence in the fund’s ability to sustain and potentially grow distributions.

In conclusion, Nuveen Municipal Credit Income Fund is preparing to distribute a cash dividend of $0.0795 per share, marking a notable increase from its recent average. Recent developments, including insider transactions and institutional sales, have added momentum to the fund’s profile. Investors should be aware that the ex-dividend date is Oct 15, 2025, and that any purchase made after this date will not qualify for the upcoming dividend distribution. With a robust yield and active trading environment, NZF remains a compelling option for those seeking exposure to the municipal credit market.

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