NZF

Nuveen Municipal Credit Income Fund (NZF) declares $0.066/share monthly dividend, in line with previous.Forward yield 4.82%Payable March 1; for shareholders of record Feb. 12; ex-div Feb. 11.See NZF Dividend Scorecard,

Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Nuveen Municipal Credit Income Fund and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion...

Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Nuveen Municipal Credit Income Fund and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review discussion...

Nuveen Municipal Credit Income Fund (NZF) declares $0.066/share monthly dividend, in line with previous.Forward yield 4.95%Payable Feb. 1; for shareholders of record Jan. 15; ex-div Jan. 14.See NZF Dividend Scorecard,

Nuveen Municipal Credit Income Fund (NZF) declares $0.066/share monthly dividend, in line with previous.Forward yield 5.03%Payable Dec. 31; for shareholders of record Dec. 15; ex-div Dec. 14.See NZF Dividend Scorecard,

In years with presidential elections, we take a deeper dive into how the national election could impact state and local governments.Political risk is also an important component of our analysis, as the political party makeup of the executive and legislative branches can have a large impact on municipal bonds.We think it is unlikely we'll see any additional aid ahead of the election, but post-election we think the potential rises, particularly if Democratic nominee Joe Biden wins in the US presidential race.Regardless of the November election outcome, we are prepared to take advantage of any changes to the muni bond market where we see potential investment opportunities.

While most polls have Vice-President Biden ahead by 6-7% points, we know the race has the potential to be much closer.A higher marginal rate should also flatten the muni yield curve over time as the demand for longer-dated paper increases because of the benefits it provides on a taxable equivalent yield.More fiscal stimulus, more deficits, and an immediate infrastructure program are all strong possibilities if we get the Blue Wave that sweeps the White House, House, and Senate all into the Democratic column.

With CEFs, municipal bonds are not just for the wealthy anymore.If you have time on your side, let tax-free compounding work its magic for you.The key is to have patience in riding out the volatility of closed end funds.While NZF is not perfect, it does have some admirable qualities that fit our buy and hold criteria.