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Trustee Robert Young L sells $17.6m in Nuveen Municipal Credit Income Fund

By Investing.com1 min readInvesting.com
Trustee Robert Young L sells $17.6m in Nuveen Municipal Credit Income FundTrustee Robert Young L sells $17.6m in Nuveen Municipal Credit Income Fund

Trustee Robert Young L sells $17.6m in Nuveen Municipal Credit Income Fund

Robert Young L, a trustee of Nuveen Municipal Credit Income Fund (NYSE:NZF), sold common stock valued at approximately $17.6 million on October 16, 2026.

The transaction involved the direct disposition of 16,131 shares of common stock. The shares were sold at a price of $1,093.0 per share. Following this sale, Mr. Young L directly holds 0 shares of Nuveen Municipal Credit Income Fund common stock. The sale comes as NZF trades near its 52-week low of $10.45, with shares down 6.7% year-to-date. The fund currently offers an 8.74% dividend yield and maintains a market capitalization of $2.14 billion.

The filing indicates that the statement was signed on behalf of Mr. Young L by Mark L. Winget under a Power of Attorney. According to InvestingPro, NZF has maintained dividend payments for 26 consecutive years, with additional ProTips and comprehensive financial metrics available to subscribers.