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The reorganization of Nuveen Enhanced Municipal Value Fund (NYSE: NEV) into Nuveen Municipal Credit Income Fund (NYSE: NZF) was completed on
Nuveen Enhanced Municipal Value Fund (NEV) and Nuveen Municipal Credit Income Fund (NZF) have received shareholder approval for a reorganization, merging NEV into NZF. This transition is anticipated to take effect on June 6, 2022. The monthly distributions for both funds will be replaced with pre-reorganization distributions, to be announced on May 24, 2022. The funds' combined total for these distributions is expected to equal or exceed previous amounts. Nuveen manages $62 billion in assets through its closed-end funds.
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