The Technical Analyst
Nuveen Municipal Credit [NZF]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Nuveen Municipal Credit Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.12% $12.09
America/New_York / 9 mai 2024 @ 15:17
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 2 341.46 mill |
| EPS: | 0.250 |
| P/E: | 48.34 |
| Earnings Date: | Jul 01, 2024 |
| SharesOutstanding: | 193.75 mill |
| Avg Daily Volume: | 0.434 mill |
| RATING 2024-05-09 |
|---|
| 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 | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | n/a | n/a | n/a | |||
| Debt | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 4.88x |
| Company: PE 48.34 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 2.41x |
| Company: PE 48.34 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-8.66 (-171.68%) $-20.75 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
$ 11.99 - 12.19 ( +/- 0.84%) |
| 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 | Forrester Michael A | Buy | 0 | |
| 2024-01-01 | Kenny Thomas J | Buy | 0 |
| INSIDER POWER |
|---|
| -32.81 |
| Last 61 transactions |
| Buy: 29 570 | Sell: 49 298 |
Forecast:
16:00 - $12.09
Live Trading Signals (every 1 min)
Forecast
1: 15:26 - $12.09
Forecast 2: 16:00 - $12.09
Forecast 3: 16:00 - $12.09
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 | $12.09 (0.12% ) |
| Volume | 0.441 mill |
| Avg. Vol. | 0.434 mill |
| % of Avg. Vol | 101.54 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For NZF
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 | % |
|---|
NZF
Nuveen 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 the income from which is exempt from regular federal income taxes. It seeks to invest in investment grade securities rated Baa/BBB or better with an average maturity of around 18 years. The fund employs fundamental analysis with a focus on bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against Standard & Poor's (S&P) National Municipal Bond Index. It was formerly known as Nuveen Enhanced Municipal Credit Opportunities Fund. Nuveen Municipal Credit Income Fund was formed on March 21, 2001 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.
2023-04-17 16:15:00 - Press Release
Nuveen Municipal Credit Income Fund Declares Post-merger Distribution
New york--(business wire)--nuveen today announced that the nuveen municipal credit income fund (nyse: nzf) has declared a post-merger distribution. the distribution follows the pre-merger distribution, announced on april 3, 2023.
2023-04-17 08:55:00 - Press Release
Nuveen Municipal Closed-end Funds Announce Completion Of Mergers
New york--(business wire)--the mergers of nuveen ohio quality municipal income fund (nyse: nuo) and nuveen georgia quality municipal income fund (nyse: nkg) into nuveen municipal credit income fund (nyse: nzf) were successfully completed prior to the opening of the new york stock exchange on april 17, 2023.
2023-04-03 16:15:00 - Press Release
Nuveen Closed-end Funds Declare Pre-merger Distributions
New york--(business wire)--two nuveen closed-end funds announced pre-merger distributions. the specific distribution dates and amounts are detailed below. as previously announced, shareholders of nuveen ohio quality municipal income fund (nyse: nuo) and nuveen georgia quality municipal income fund (nyse: nkg), and preferred shareholders of nuveen municipal credit income fund (nyse: nzf), have approved a proposal to merge the funds. the mergers will combine each of nuo and nkg into nzf. the pre-merger distribution for each fund being acquired is intended to fully distribute the acquired fund’s accumulated undistributed net investment income (unii) prior to the closing of the mergers. nuo does not currently estimate an accumulated undistributed net investment income (unii) balance and subsequently will not make a pre-merger distribution...
2023-03-24 16:15:00 - Press Release
Nuveen Closed-end Funds Announce Intention To Redeem Preferred Shares
New york--(business wire)--as previously announced, shareholders of nuveen ohio quality municipal income fund (nyse: nuo) and nuveen georgia quality municipal income fund (nyse: nkg), and preferred shareholders of nuveen municipal credit income fund (nyse: nzf), have approved a proposal to merge the funds. the mergers will combine each of nuo and nkg into nzf.
Latest News
2024-02-05 07:30:00 - Seeking Alpha
NZF: Nuveen Muni With Average Statistics Still Rates A Buy
2023-09-01 15:47:25 - Seeking Alpha
CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best
Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptionally cheap, with discounts wider than 99% of historical observations. The risk-reward in the taxable bond CEF space is on the downside, while the upside potential in municipal CEFs is significant, but dependent on a shift in Fed policy and inflation.
2023-08-30 10:37:00 - Forbes
These Tax-Free Dividends Will Be The Darlings Of 2024
There's a crop of outsized dividends out there that are absurdly underpriced—I'm talking 14%-off discounts here. And our opportunity to pounce has arrived.
2023-07-25 08:31:38 - Seeking Alpha
Municipal CEF Update: Valuation In The Sweet Spot
In this article, we take a fresh look at the tax-exempt Municipal CEF sector. Both Muni CEF discounts and yields are near their decade-high level, making the sector valuation attractive. We highlight a number of tailwinds and our picks.
2023-06-12 10:00:00 - Seeking Alpha
NZF: Very Erratic Payouts Explained
The Nuveen Municipal Credit Income Fund invests in undervalued municipal securities and other related investments exempt from regular federal income taxes. The fund seeks to invest in investment-grade securities rated Baa/BBB or better with an average maturity of around 18 years. The recent erratic movements in NZF prompted a deeper analysis, covering holdings, distribution, price and NAV, and portfolio strategy.
2023-05-05 17:50:18 - Seeking Alpha
Weekly Closed-End Fund Roundup: April 23, 2023
1 out of 22 CEF sectors positive on price and 3 out of 22 sectors positive on NAV last week. ETV/EXD merger completed.
2023-04-19 05:50:00 - The Motley Fool
Why I Just Loaded Up on Municipal Bond Funds
Several municipal bond funds have attractive valuations right now. The increased likelihood of a U.S. recession could drive municipal bond prices higher.
2023-02-22 10:54:58 - Seeking Alpha
CEF Report February 2023 | The January Effect Didn't Disappoint
The January Effect boosted the valuation of most areas of the closed-end fund market. Taxable bond CEFs have rallied strongly while leaving munis behind. We think this is an opportunity for investors for 2023, as credit spreads are likely to widen, dragging down taxable bond NAVs. We favor munis and high-quality taxables.
2022-09-30 11:42:00 - Barrons
These Funds Are Solid Bargains When Markets Go South. 9 That Offer High Yields.
Closed-end funds offer hefty yields and trade at discounts from the value of their underlying assets. But leverage poses a danger.
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).