NZF Nuveen Municipal Credit Income Fund Insider Trading

Bank of America (10% owner) in NZF executed offsetting trades: bought 8 shares at $12.88, sold 8 shares at $12.96 on 2026-02-25.

Bank of America executed 2 transactions in equal volume on the same day: a purchase of 8 shares at $12.88 ($103.03) and a sale of 8 shares at $12.96 ($103.72), resulting in zero net position change and a net proceeds gain of $0.69 across the trades. The current price of $12.95 sits just 0.4% below the 52-week high of $13.00, placing both transactions near the upper range of the fund's trading band. Bank of America's cross-ticker open-market track record shows 9 prior sells with an average 30-day return of +1.5%, though 90-day timing data is unavailable for this transaction. The simultaneous buy-sell execution with immaterial economic consequence—holding zero shares post-transaction—suggests operational or administrative activity rather than a directional position signal.

Bank of America Corp (10% owner) bought 343 shares at $12.54 and sold 343 shares at $12.25 on same day at NZF, exiting position entirely.

Bank of America Corp executed 2 offsetting transactions on 2026-01-26 at Nuveen Municipal Credit Income Fund, purchasing 343 shares at $12.54 ($4,302.94) and selling 343 shares at $12.25 ($4,201.75) on the same day, resulting in a net position of 0 shares post-transaction. This same-day matched buy and sell at minimal price variance ($0.29 difference) creates a near-neutral economic outcome on a small dollar value ($4.3K purchase, $4.2K sale). The transactions occurred just 24 days after a prior buy and sell at this ticker on 2026-01-02, where outcomes remain unmeasured. Across Bank of America's cross-ticker insider history, prior sells have achieved a 100.00% well-timed rate with -2.7% average 90-day returns, but the insider's prior trades at NZF specifically show 0 of 0 well-timed outcomes at the 90-day mark, with no measurable results yet available from the recent January 2nd activity.

BofA (10% owner) executes simultaneous buy-sell at NZF: 6,075 shares purchased at $12.61, 6,075 shares sold at $12.52 same day.

Bank of America executed 2 transactions in a single Form 4 filing, purchasing 6,075 shares at $12.61 and immediately selling an identical 6,075 shares at $12.52 on the same day, resulting in a net realized loss of $577.12 on the position. The offsetting volumes and intraday timing suggest this may be a rebalancing or portfolio mechanistic transaction rather than a discretionary directional signal. BofA's cross-ticker track record shows a 100.00% 90-day win rate on prior buys and negative average 30-day returns on prior sells, but at NZF specifically, prior buys (both on 2025-10-03) returned +0.8% over 30 days and +0.4% over 90 days. With the current price at $12.66 positioned at -1.0% from the 52-week high, the filing closes with zero shares held, leaving no residual conviction signal.

Toth builds initial position in NZF with 6,677 shares at $12.72; cross-ticker track record shows 100% 90-day win rate on 3 prior buys.

TERENCE J TOTH purchased 6,677 shares of Nuveon Municipal Credit Income Fund (NZF) at $12.72 on 2025-12-11, establishing his first position in this security. The purchase represents a de novo entry at a price 2.5% below the 52-week high of $13.00, near the middle of the 52-week trading range of $11.34–$13.00. Notably, Toth's cross-ticker track record across all open-market trades shows 3 prior buys with an average 90-day return of +8.7% and a 90-day win rate of 100.00%, suggesting a consistent pattern of favorable outcomes on equity purchases. This transaction merits attention given the established track record, though NZF represents a new position with no comparable same-ticker history to evaluate predictive relevance.

10% owner Bank of America executes balanced 2.2K-share buy-sell at NZF, netting $105 gain on equal volumes

Bank of America, a 10% owner, executed 3 purchases totaling 2,250 shares for $28,187.25 and 2 sales totaling 2,250 shares for $28,292.25 on the same day at prices ranging from $12.52–$12.58. The matched buy and sell volumes with a nominal $105 gain ($28,292.25 − $28,187.25) suggest a rebalancing or execution-driven event rather than a directional conviction signal. The current price of $12.35 is 5.4% below the 52-week high of $13.05, and the insider's cross-ticker track record shows a 25% 90-day win rate on buys and 0% well-timed rate on sells, providing limited evidence of predictive accuracy. Within the same ticker, prior trades have been measurable only up to 30 days post-execution, making longer-term outcome assessment for this transaction premature.

BofA 10% owner executes matched buy-sell of 197 NZF shares at $12.40; position reduced to zero.

On 2025-09-26, Bank of America Corp filed Form 4 reporting 2 separate transactions at Nuveen Municipal Credit Income Fund: a purchase of 197 shares at $12.40 for $2,442.80 and a concurrent sale of 197 shares at $12.40 for $2,441.82. The matched volume and near-identical price point indicate a net-neutral rebalancing that leaves zero shares post-transaction. The current price of $12.68 is 3.2% below the 52-week high, but the sale itself was executed at market price with no evidence of tactical timing given the concurrent buy. Across BofA's cross-ticker open-market history, 6 prior sells averaged a 90d return of +6.0%, though the well-timed sell rate was 0.00%, indicating prior open-market sells occurred before gains, not declines. At this ticker specifically, 5 prior trades show measurable 30d returns clustered between +3.2% and +3.7%, but 90d outcomes are not yet available for evaluation. The dual trade leaves no residual stake in the fund.

Bank of America (10% Owner) in NZF: 4 purchases totaling 2,100 shares for $24,795.40 and 1 sale of 2,100 shares for $24,906.00 on 2025-08-19, closing position at 0 shares.

Bank of America executed 4 separate purchases totaling 2,100 shares for $24,795.40 and concurrently sold 2,100 shares for $24,906.00 on 2025-08-19, leaving a post-transaction holding of 0 shares. The transactions occurred at prices ranging from $11.80 to $11.81, near the current price of $11.76, and resulted in a small net gain of approximately $110.60 across the paired activity. This round-trip pattern—simultaneous buying and selling of the same volume at nearly identical prices—represents a net-neutral repositioning with minimal economic exposure taken. Given the 10% ownership stake and the mechanical nature of offsetting transactions, this filing does not demonstrate directional conviction or a material change in the insider's capital commitment to the fund.

10% owner at NZF completes offsetting buy-sell sequence: bought 8,100 shares at $12.45, sold 8,100 shares at $12.30 on same day, exiting to zero position.

Bank of America Corp (10% owner) executed 2 separate sales totaling 8,100 shares for $99,670.50 alongside a purchase of 8,100 shares for $100,812.60, both on 2025-03-14. The net effect is a complete exit to zero shares post-transaction, despite buying and selling approximately equal quantities. The buy was priced $0.15 per share higher than the sells, resulting in a net cost of approximately $1,142.10 on the matched volume. With NZF shares at current price of $12.22, -6.7% from the 52-week high and -3.6% over the past 30 days, the transaction shows no pattern of timing or conviction—the offsetting nature suggests portfolio mechanics rather than a directional view on the fund's valuation.

Bank of America (10% owner) buys 1 share at $12.43 and sells 1 share at $12.48 in NZF on 2025-03-11

This filing shows 2 transactions in a single day—Bank of America purchased 1 share at $12.43 and sold 1 share at $12.48, resulting in zero net holdings post-transaction. The $0.05 spread between purchase and sale prices represents a marginal gain of less than 1% on the trade. With current price at $12.39, the stock is -5.4% from its 52-week high of $13.10 and -1.7% over the past 30 days. The minimal position (1 share each direction) and near-flat outcome suggest routine portfolio activity rather than a conviction signal. The insider's cross-ticker track record of 11 prior buys and 9 prior sells shows balanced activity with no clear directional bias in this particular transaction.

10% owner Bank of America trades 6,773 shares in/out on same day; net exit of 948.24 shares

Bank of America Corp filed a Form 4 with 2 separate purchases totaling 6,773 shares for $85,678.45 and 2 separate sales totaling 6,773 shares for $84,730.22, executed on the same day at very similar prices ($12.65 buy, $12.51–$12.50 sell). The net effect is an exit of 948.24 shares when accounting for the price spread. Post-transaction holdings stand at zero shares. The current price of $12.64 sits near both transaction prices and within the 52-week range ($11.67–$13.10), offering no evidence of intentional market-timing. The transaction appears routine and does not represent a material conviction signal either direction.