NZF Trustee Young L Robert Sells $18M of Stock
Key Points
- Trustee Young L Robert sold 16,131 shares of Nuveen Municipal Credit Income Fund on October 16, 2026, exiting the position entirely.
- Major institutional holders like Wells Fargo & Company and Guggenheim Capital, LLC adjusted their positions in the fund earlier in the year.
- The fund trades with a market cap of $2.16 billion and offers an annual dividend rate of $0.95 per share.
Since the trade, $NZF is up 0.4% to date (from the $11.03 close on Oct 16, 2026).
Get Nuveen Municipal Credit Income Fund text alerts
We text you when insiders, Congress, analysts or big funds move on $NZF.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Nuveen Municipal Credit Income Fund alert may contain errors. Disclosures
On October 16, 2026, Nuveen Municipal Credit Income Fund trustee Young L Robert sold 16,131 shares of the company. According to a Form 4 filed with the SEC, the transaction totaled $17,631,183, reducing the trustee's holdings to zero and cutting their stake by 100%.
NZF
Nuveen Municipal Credit Income Fund
Young L Robert vs. the S&P 500
Hypothetical returns from Young L Robert's disclosed trades, not real profit or advice. How we model this.
Inside Young L Robert's Nuveen Municipal Credit Income Fund Trade
The sale involved 16,131 shares executed at a price of $1,093.00 per share, bringing the total value to $17,631,183. Following this transaction, Young L Robert no longer holds any shares in the fund. This follows earlier insider activity at the fund, including a sale by trustee Terence J Toth on October 14, 2026.
Other Institutional Activity in Nuveen Municipal Credit Income Fund
Other large financial institutions adjusted their holdings in the fund during recent reporting periods. Wells Fargo & Company grew its holdings by 348,335 shares, ending with 2,205,133 shares worth about $24,256,463. Guggenheim Capital, LLC grew its holdings by 67,007 shares, ending with 2,180,790 shares worth about $23,988,690. Hennion & Walsh Asset Management, Inc. grew its holdings by 109,487 shares, ending with 1,714,876 shares worth about $18,863,636. Raymond James Financial, Inc. grew its holdings by 99,913 shares, ending with 1,167,360 shares worth about $12,840,960. LPL Financial LLC grew its holdings by 100,913 shares, ending with 1,083,518 shares worth about $11,918,698.
Nuveen Municipal Credit Income Fund Stock Up 0.7%
The fund recently traded around $11.00 per share as of October 20, 2026, down about 0.3% from its close of $11.03 on the day of the insider trade. Shares sit 4.8% below their 50-day moving average and 15.5% below their 52-week high.
Recent Earnings
The fund reported trailing revenue of $207.4 million alongside trailing earnings of $0.91 per share.
Dividend
The fund distributes an annual dividend rate of $0.95 per share, translating to a dividend yield of 8.74% with a payout ratio of 105.0%.
Insider Buying and Selling at Nuveen Municipal Credit Income Fund
Insider transactions included multiple trades from major stakeholders leading up to October 2026. Bank of America Corp bought 343 shares on January 26, 2026, and smaller transactions followed in February 2026. Trustee Terence J Toth sold 6,677 shares on October 14, 2026.
About Nuveen Municipal Credit Income Fund
Nuveen Municipal Credit Income Fund operates as a closed-end fixed income mutual fund managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund focuses on undervalued municipal securities designed to provide income exempt from federal taxes.
Bottom Line
Investors continue to monitor insider disclosures and institutional reports for the fund. Watch for upcoming financial reports and further SEC filings to track insider sentiment.
Related Filing Alerts
Source: Young L Robert's Form 4 filing on $NZF (Oct 16, 2026). Written by software, not financial advice. How we make alerts