Nuveen AMT-Free Municipal Credit Income Fund of Beneficial Interest is a closed-end fund designed to provide investors with regular income that is exempt from federal income tax, including the federal alternative minimum tax applicable to individuals. The fund primarily invests in tax-exempt municipal securities, focusing on bonds evaluated as underrated, undervalued, or representing undervalued sectors within the municipal market. Managed out of Chicago and established in 1999, this fund leverages the expertise of Nuveen, a respected name in fixed-income management. Up to 55% of its assets can be allocated to securities rated BBB or below, allowing the fund to access broader credit sectors and potentially higher yields within the municipal bond universe. Nuveen AMT-Free Municipal Credit Income Fund plays a key role for investors seeking tax-advantaged income solutions while maintaining exposure to the U.S. municipal bond market. The fund’s investment strategy makes it a significant vehicle in the municipal credit space, catering particularly to those looking to maximize tax efficiency in their fixed-income portfolios.
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