Overview
Description
The Nuveen AMT-Free Municipal Credit Income Fund is a closed-end investment fund designed to provide current income exempt from regular federal income tax. The fund's primary focus is on investing in municipal securities, with a significant portion of its assets dedicated to bonds that are exempt from the Alternative Minimum Tax (AMT), making it particularly attractive to investors seeking tax efficiency. This fund predominantly targets high-yield securities in the municipal market, offering exposure to credit-intensive securities from a diverse range of state and local governments across various sectors such as education, healthcare, and infrastructure.
The Nuveen AMT-Free Municipal Credit Income Fund holds a notable role in the market for its strategic emphasis on income generation through municipal bonds while maintaining a tax-friendly profile. It provides investors with an opportunity to diversify their portfolios with municipal debt instruments that are less sensitive to federal tax fluctuations. By leveraging a portfolio of state and local government projects, this fund contributes to broader financial stability and development initiatives, ultimately supporting public sector needs while catering to the financial objectives of individual investors seeking tax-advantaged income. The fund is managed by Nuveen, a well-established financial services company known for its expertise in asset management and tax-exempt income solutions.
About
CEO
Employees
0
Address
333 West Wacker Drive
Chicago, 60606-1220, IL
United States
Chicago, 60606-1220, IL
United States
Phone
312 917 7700
Website
Instrument type
Closed-end fund
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
XNYS