The Technical Analyst
Nuveen AMT-Free Municipal [NVG]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Nuveen AMT-Free Municipal Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.25% $12.00
America/New_York / 8 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 2 562.26 mill |
| EPS: | 0.130 |
| P/E: | 92.31 |
| Earnings Date: | Jul 04, 2024 |
| SharesOutstanding: | 213.52 mill |
| Avg Daily Volume: | 0.486 mill |
| RATING 2024-05-08 |
|---|
| C |
| Sell |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Neutral | |
| P/E: | Strong Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 2/21 | 4/21 | 2/22 | 4/22 | 2/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 9.31x |
| Company: PE 92.31 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 4.61x |
| Company: PE 92.31 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-8.98 (-174.84%) $-20.98 |
| Date: 2024-05-08 |
| Expected Trading Range (DAY) |
|---|
|
$ 11.90 - 12.10 ( +/- 0.81%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-02-28 | Ramsay Mary Beth | Buy | 0 | |
| 2024-02-28 | Nelson James N Iii | Buy | 0 | |
| 2024-01-01 | Starr Loren M | Buy | 0 | |
| 2024-01-01 | Kenny Thomas J | Buy | 0 | |
| 2024-01-01 | Forrester Michael A | Buy | 0 |
| INSIDER POWER |
|---|
| 35.74 |
| Last 52 transactions |
| Buy: 66 269 | Sell: 22 345 |
Forecast:
16:00 - $12.00
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $12.00
Forecast 2: 16:00 - $12.00
Forecast 3: 16:00 - $12.00
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $12.00 (0.25% ) |
| Volume | 0.542 mill |
| Avg. Vol. | 0.486 mill |
| % of Avg. Vol | 111.56 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For NVG
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
NVG
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. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against Standard & Poor's (S&P) Insured Municipal Bond Index. It was formerly known as Nuveen Insured Dividend Advantage Municipal Fund. It was formerly known as Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund. Nuveen AMT-Free Municipal Credit Income Fund was formed on July 12, 1999 and is domiciled in the United States.
Latest Press Releases
2023-12-01 16:15:00 - Press Release
Nuveen Closed-end Funds Declare Distributions And Updates To Distribution Policies
New york--(business wire)--nuveen closed-end funds today announced that the board of trustees of the funds has approved the regular monthly and quarterly distributions. in addition, the board of trustees has approved updated distribution polices described below under “monthly & quarterly distributions” for the nuveen preferred & income opportunities fund (nyse: jpc), nuveen preferred and income term fund (nyse: jpi), nuveen variable rate preferred & income fund (nyse: npfd), nuveen.
2023-09-29 17:45:00 - Press Release
Board Announces Removal Of Merger Proposal From Annual Meeting Agenda
New york--(business wire)--the boards of trustees of nuveen pennsylvania quality municipal income fund (nyse: nqp) and nuveen amt-free municipal credit income fund (nyse: nvg) announce the removal of a previously approved merger proposal from the funds' upcoming annual meeting agenda. the boards of trustees considered current market conditions and other relevant considerations for each fund in assessing whether to move forward with the proposed merger. it was determined that the proxy solicitat.
2020-10-05 18:08:00 - Press Release
Certain Nuveen Closed-end Funds Announce The Board’s Approval Of Amended And Restated By-laws Of The Funds
New york--(business wire)--nuveen: nuveen amt-free municipal credit income fund (nyse: nvg), nuveen amt-free municipal value fund (nyse: nuw), nuveen amt-free quality municipal income fund (nyse: nea), nuveen arizona quality municipal income fund (nyse: naz), nuveen california amt-free quality municipal income fund (nyse: nkx), nuveen california municipal value fund 2 (nyse: ncb), nuveen california quality municipal income fund (nyse: nac), nuveen california select tax-free income portfolio (ny
Latest News
2024-02-20 03:37:43 - Seeking Alpha
XMPT: Muni Bond CEFs Looking More Appealing
2023-12-28 10:33:43 - Seeking Alpha
NVG: 3 Reasons To Be Cautious Despite Large Discount To NAV
The Nuveen AMT-Free Municipal Credit Income Fund is a popular CEF with over $4 billion in managed assets. NVG trades at a significant discount to NAV, but there are several negative factors that make it unattractive compared to other similar products. Negatives include a high expense ratio, weak historical risk-adjusted returns, and a high cost of leverage relative to underlying asset yield.
2023-10-07 09:00:00 - Seeking Alpha
NVG: Historic Discount Available Keeps My Buy Rating
Fixed income funds have suffered due to rising rates and fear of future interest rate movements, widening the gap between asset prices and their liquidation value. The Nuveen AMT-Free Municipal Credit Income Fund is currently trading at a historic discount, presenting a potential buying opportunity for investors willing to take short-term losses. The fund invests in undervalued municipal securities and aims to provide current income exempt from regular federal income tax. All bonds are exempt from the AMT process.
2022-12-19 22:52:10 - Seeking Alpha
Weekly Closed-End Fund Roundup: DEX Will Merge With AGD, Tender Next January (December 11, 2022)
2 out of 23 CEF sectors positive on price and 4 out of 23 sectors positive on NAV last week. DEX will merge with AGD.
2022-11-20 08:00:00 - Seeking Alpha
NVG: Nuveen's Best AMT-Free Muni Bond CEF
The Nuveen AMT-Free Municipal Credit Income Fund avoids income that could cause investors to be captured by the Alternative Minimum Tax code. Nuveen offers three CEFs in the AMT-Free Municipal Bind CEFs. To help readers out, a link to my recent article on the other two CEFs is provided, plus some comparisons.
2022-06-10 10:00:15 - Seeking Alpha
Muni Bond CEFs: PIMCO Or Nuveen? The Choice Is Obvious In This Market Environment
I don't quite understand who would be buying the PIMCO National municipal bond CEFs over the Nuveen national muni bond CEFs right now. These two fund sponsors of municipal bond closed-end funds are probably the two most popular when it comes to high-yields (PIMCO) and the sheer number and size of funds (Nuveen).
2022-05-16 14:42:28 - Seeking Alpha
Will Bankruptcy Era Prices Finally Stop The Bleeding In Municipal Bond CEFs?
There have been several periods over the last 10 years in which municipal bond CEFs have dropped -20% or more at market price, not including distributions. Before this year's rout, the most recent was during COVID-19. Before that, it was the period in late 2018 when the Federal Reserve raised interest rates one too many times.
2022-02-16 13:20:01 - Seeking Alpha
Muni CEFs: Back Up The Truck On NVG And NZF
It's been awhile since I wrote about municipal bond CEFs but considering the collapse they have seen in the last 6 weeks, it seems appropriate. When CEFs drop -15% since the beginning-of-the-year and yet only own a leveraged-portfolio of probably the most conservative investments you can own next to treasuries, you have to think "opportunity."
2021-10-29 08:00:00 - Seeking Alpha
Nuveen AMT-Free Municipal Credit Income Fund Is A Good Choice For That Strategy
2021-02-02 06:56:36 - Seeking Alpha
Nuveen Credit-Focused Muni CEFs Remain Attractive
