Nuveen Municipal Credit Income Fund (NZF)
12.58
+0.15 (1.21%)
Nuveen Municipal Credit Income Fund Declares Post-Merger Distribution
Nuveen today announced that the Nuveen Municipal Credit Income Fund (NYSENZF) has declared a post-merger distribution. The distribution follows the pre-merger distribution, announced on April 3, 2023.
By Nuveen · Via Business Wire · April 17, 2023
Nuveen Municipal Closed-End Funds Announce Completion of Mergers
The mergers of Nuveen Ohio Quality Municipal Income Fund (NYSENUO) and Nuveen Georgia Quality Municipal Income Fund NYSE: NKGNYSENKG)(NYSE: NZFNYSENZF were successfully completed prior to the opening of the New York Stock Exchange on April 17, 2023.
By Nuveen · Via Business Wire · April 17, 2023
Nuveen Closed-End Funds Declare Pre-Merger Distributions
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 (NYSENUO) and Nuveen Georgia Quality Municipal Income Fund NYSE: NKGNYSENKG)(NYSE: NZFNYSENZF, 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.
By Nuveen · Via Business Wire · April 3, 2023
Nuveen Closed-End Funds Announce Intention to Redeem Preferred Shares
As previously announced, shareholders of Nuveen Ohio Quality Municipal Income Fund (NYSENUO) and Nuveen Georgia Quality Municipal Income Fund NYSE: NKGNYSENKG)(NYSE: NZFNYSENZF, have approved a proposal to merge the funds. The mergers will combine each of NUO and NKG into NZF. In connection with the mergers, NUO has filed with the Securities and Exchange Commission a notice of intention to redeem all of the fund’s outstanding Series 1 Variable Rate Demand Preferred Shares (VRDP) and NKG has filed with the Securities and Exchange Commission a notice of intention to redeem all of the fund’s outstanding Series 2028 Adjustable Rate MuniFund Term Preferred Shares (AMTP). The VRDP and AMTP redemption price will be the $100,000 liquidation preference per share, plus an additional amount representing the final accumulated dividends owed. The funds expect to finance the VRDP and AMTP redemptions with portfolio sales and cash on hand, and each redemption is subject to market conditions and the completion of any necessary portfolio sales by the funds, and they may not occur as planned. Official notification of the redemptions will be delivered to the holders of the VRDP shares of NUO and the AMTP shares of NKG through The Depository Trust Company (DTC).
By Nuveen · Via Business Wire · March 24, 2023
Nuveen Municipal Closed-End Funds Announce Shareholder Approval of Proposed Mergers
Common and preferred shareholders of Nuveen Ohio Municipal Quality Income Fund (NYSENUO) and Nuveen Georgia Municipal Quality Income Fund NYSE: NKGNYSENKG)(NYSE: NZFNYSENZF, have approved a proposal to merge the funds. The mergers will combine each of NUO and NKG into NZF. Subject to the satisfaction of certain customary closing conditions, the transactions are expected to become effective before the market opens on April 17, 2023.
By Nuveen · Via Business Wire · March 10, 2023
Nuveen Municipal Closed-End Funds Announce Proposed Reorganizations and Shareholder Meeting Update
The Boards of Trustees of Nuveen Ohio Quality Municipal Income Fund (NYSENUO), Nuveen Georgia Quality Municipal Income Fund NYSE: NKGNYSENKG)(NYSE: NZFNYSENZF have approved a proposal to reorganize the funds. The proposed reorganizations, if approved by shareholders, would combine NUO and NKG into NZF. The reorganizations are intended to create a larger fund with lower operating expenses, enhanced earnings potential, and increased trading volume on the exchange for common shares.
By Nuveen · Via Business Wire · October 13, 2022
Nuveen Municipal Credit Income Fund Declares Post-Reorganization Distribution
Nuveen today announced that the Nuveen Municipal Credit Income Fund (NYSENZF) has declared a post-reorganization distribution. The distribution follows the pre-reorganization distribution, announced on May 24, 2022.
By Nuveen · Via Business Wire · June 6, 2022
Nuveen Municipal Closed-End Funds Announce Completion of Reorganization
The reorganization of Nuveen Enhanced Municipal Value Fund (NYSENEV) into Nuveen Municipal Credit Income Fund NYSE: NZFNYSENZF)
By Nuveen · Via Business Wire · June 6, 2022
Nuveen Closed-End Fund Declares Pre-Reorganization Distribution
Nuveen Municipal Credit Income Fund (NYSENZF) announces pre-reorganization distribution. The specific distribution date and amount are detailed below. As previously announced, common shareholders of Nuveen Enhanced Municipal Value Fund NYSE: NEVNYSENEV)
By Nuveen · Via Business Wire · May 24, 2022
Nuveen Municipal Closed-End Funds Announce Shareholder Approval of Reorganization
Common shareholders of Nuveen Enhanced Municipal Value Fund (NYSENEV) and preferred shareholders of Nuveen Municipal Credit Income Fund NYSE: NZFNYSENZF)
By Nuveen · Via Business Wire · May 2, 2022
Nuveen Municipal Closed-End Funds Announce Proposed Reorganization
The Boards of Trustees of Nuveen Enhanced Municipal Value Fund (NYSENEV) and Nuveen Municipal Credit Income Fund NYSE: NZFNYSENZF)
By Nuveen · Via Business Wire · December 17, 2021