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Nuveen Municipal Credit Income Fund updates proceeds use

Pending investment, proceeds are anticipated to go into government securities or high-quality short-term money market instruments and may also fund distributions.

(Neutral)

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Form Type
424B3

Rhea-AI Filing Summary

Nuveen Municipal Credit Income Fund (NZF) updates the use of net proceeds from Common Shares issued under its prospectus supplement: proceeds will be invested in accordance with the Fund’s investment objectives and policies. The Fund anticipates it can invest substantially all proceeds within approximately three months of receipt. Pending investment, proceeds are anticipated to be invested in U.S. government or agency securities or high-quality, short-term money market instruments; the Fund may also use them to pay shareholder distributions.

Anticipated investment period Approximately three months To invest substantially all net proceeds after receipt
net proceeds financial
"The net proceeds from the issuance of Common Shares"
The amount of money a company actually keeps from a sale or fundraising after paying all direct costs and fees, similar to take-home pay after taxes and deductions. Investors care because net proceeds determine how much cash is available for things that affect value—paying debt, funding projects, buying assets, or returning money to shareholders—so it influences future growth potential and financial health.
investment objectives and policies financial
"in accordance with the Fund’s investment objectives and policies"
money market instruments financial
"high-quality, short-term money market instruments"
Offering Type shelf
Securities Offered Common Shares
Use of Proceeds Net proceeds will be invested in accordance with the Fund’s investment objectives and policies. The Fund anticipates investing substantially all proceeds within approximately three months of receipt. Pending investment, proceeds are anticipated to be invested in U.S. government or agency securities or high-quality, short-term money market instruments; the Fund may also use proceeds to pay distributions.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How will NZF use proceeds from Common Share issuance?

Nuveen Municipal Credit Income Fund says net proceeds from Common Shares issued under the supplement will be invested in line with its investment objectives and policies. The Fund anticipates investing substantially all proceeds within approximately three months of receipt. Pending investment, proceeds are anticipated to go into U.S. government or agency securities or high-quality, short-term money market instruments; the Fund may also use proceeds to pay distributions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

Filed Pursuant to Rule 424(b)(3)
Registration No. 333-293722

Nuveen Municipal Credit Income Fund (NYSE: NZF)

(the “Fund”)

Supplement Dated October 2, 2026

to the Fund’s Prospectus Supplement Dated February 25, 2026 (the “Prospectus Supplement”)

The second paragraph in the section of the Prospectus Supplement titled “Use of Proceeds” is hereby deleted and replaced with the following:

The net proceeds from the issuance of Common Shares hereunder will be invested in accordance with the Fund’s investment objectives and policies as set forth in the accompanying prospectus. The Fund currently anticipates that it will be able to invest substantially all of the net proceeds in investments that meet the Fund’s investment objectives and policies within approximately three months of the receipt of such proceeds. Pending investment, it is anticipated that the proceeds will be invested in short-term or long-term securities issued by the U.S. Government and its agencies or instrumentalities or in high-quality, short-term money market instruments. In addition, the Fund may use such proceeds to pay distributions to shareholders.

PLEASE KEEP THIS WITH YOUR

FUND’S PROSPECTUS SUPPLEMENT

FOR FUTURE REFERENCE

EGN-NZFP-1026P

 

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