Nuveen Municipal Credit Income Fund

$ 12.70 0.79 %

The Nuveen Municipal Credit Income Fund (NZF) functions as a closed-end mutual fund that concentrates on fixed-income investments, established by Nuveen Investments, Inc. Its oversight is a joint effort between Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund primarily allocates its capital within the fixed income markets of the United States. Its strategy involves identifying and acquiring undervalued municipal debt instruments and related investments, specifically chosen for their ability to provide income exempt from standard federal income taxes. The fund targets investment-grade securities, requiring a rating of Baa/BBB or better, and aims for an approximate average maturity of 18 years. Portfolio creation is guided by a bottom-up security selection method, supported by thorough fundamental analysis. The performance of its portfolio is evaluated against the Standard & Poor's (S&P) National Municipal Bond Index. Formerly, this fund was known as the Nuveen Enhanced Municipal Credit Opportunities Fund. It was founded in the United States on March 21, 2001.

CEO: Alan Glenn Berkshire - https://www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NZF&refsrc=vu_nuveen.com/nzf

Price objectif

-

Recommandation

-

DCF

$ -5.96

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NZF vs S&P500

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Quick ratio

0.00

indicates that the company may have difficulty covering its short-term debts with its readily available assets.

P/E ratio

42.33

is considered reasonable, suggesting that the company has a valuation in line with its current profits.

EPS

0.30

is the net profit of a company divided by the number of outstanding shares, indicating the profit earned per share.

ROE

4.09 %

indicates low profitability, suggesting that the company is not using equity efficiently to generate profits.

ROIC

5.22 %

does not generate enough return to cover its financing costs, which indicates value destruction and may pose long-term profitability issues.

WACC

6.31

is a company's average cost of capital, weighted by the proportion of debt and equity in its financing. It represents the minimum return the company must generate to satisfy its investors.

Debt-to-Equity Ratio

0.68

indicates that the company uses more equity than debt, suggesting prudent management.

Free cash flow per share

0.37

is a measure of a company's financial flexibility that is determined by dividing free cash flow by the total number of shares outstanding.

Dividend payout ratio

137.37 %

indicates that the company is retaining a large portion of its profits to reinvest in growth

Earnings per share

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Financials

Piotroski score
6 indicates moderate financial health
Altman score
1.17 indicates a high risk of bankruptcy
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Cash / Debt

Cash Ratio
0.00 indicates liquidity risk, as the company may not have enough cash to meet its immediate obligations
Debt Ratio
0.40 indicates that the company uses little debt to finance its assets, suggesting good financial stability
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Free Cash Flow

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Earnings Per Share (annual)

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Sales

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