NUVEEN AMT-FREE MUNICIPAL CREDIT INCOME FUND
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CHICAGO IL
Mutual Fund
Closed End Fund
Nuveen Amt-free Municipal Credit Income Fund is based out of Chicago. Nuveen North Carolina Dividend Advantage Municipal Fund 3, 2.65% MuniFund Term Preferred (MTP) Shares, Series 2015, with a liquidation preference of $10 per share. As of 3/1/2011, the MTP Shares will be subject to redemption at the option of the Fund, subject to payment of a premium of 1.00% through 8/31/2011, 0.5% through 2/29/2012, and at par thereafter. The fund is required to redeem the MTP shares at $10 per share on 3/1/2015. Distributions of 2.65% ($0.265) per annum are paid monthly on the first business day of the month to holders of record on the record date which will be the 15th day of the month prior to the payment date (NOTE: the ex-dividend date is at least 2 business days prior to the record date). The December dividend will be paid on the last business day of December. Dividends paid by the preferred are intended to be exempt from regular federal and North Carolina income taxes but a portion may be subject to the federal alternate minimum tax. If the dividend is not exempt for regular federal and North Carolina income taxes, the fund will make a supplemental payment to make the dividends equivalent on an after tax basis. Upon issuance, the shares will have a long term credit rating of Aaa from Moody's, AAA from S&P and AAA from Fitch. In regard to the payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company.Whalewisdom has at least 32 Form 4 filings The firm has no submitted 13F filings and does not appear to be an investment advisor.
Contact Info
Contact information is taken directly from publicly disclosed SEC filings.
NUVEEN AMT-FREE MUNICIPAL CREDIT INCOME FUND333 WEST WACKER DRIVE
CHICAGO IL 60606
Business Phone: 3129178146