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Security Profile
- Security Type
- Closed-End Fund
- CUSIP
- 67071L106
- Market Cap
- Large Cap · $3 Billion
- IPO
- 3/26/2002 · $15.00/share
- Previous Name
- Nuveen Insured Dividend Advantage Municipal Fund
- Parent Company
- Nuveen Investments, Inc.
Nuveen Investments, Inc. (JNC)
Fund Description: Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund, formerly Nuveen Insured Dividend Advantage Municipal Fund, is a diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund seeks current income exempt from regular federal income tax. The secondary investment objective is the enhancement of portfolio value. FUND STRATEGY: The Fund invests in municipal securities that are exempt from federal income taxes. The Fund invests at least 80% of its managed assets in municipal securities rated investment grade (Baa/BBB or better by S&P, Moodys, or Fitch) at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality. The Fund may invest up to 20% of its managed assets in municipal securities
rated below investment quality or judged by the manager to be of comparable quality, of which up to 10% of its managed assets may be rated below B-/B3 or of comparable quality. The Fund uses leverage. FUND MANAGEMENT: Nuveen Asset Management serves as the investment adviser to the Fund.
Notes: April 11, 2016 -- Nuveen Investments today announced that the reorganizations of eight national municipal closed-end funds were completed prior to the open of the NYSE on April 11, 2016. Additionally, the acquiring funds, Nuveen Dividend Advantage Municipal Fund 3 (NYSE: NZF) and Nuveen Dividend Advantage Municipal Income Fund (NYSE: NVG) have been renamed Nuveen Enhanced Municipal Credit Opportunities Fund and Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund, The funds will continue to trade under the symbols NZF and NVG. As part of the previously announced reorganization, the funds have been merged as follows: NPT, NXZ & NMA merged into NZF. And NIO, NQI & NQU merged into NVG.
Company Contact
- Headquarters
- 333 West Wacker Drive, Chicago, IL 60606
- Phone
- 800-257-8787 · Toll-Free 800-257-8787
- Investor Relations
- Kristyna Munoz · 800-257-8787 · Kristyna.Munoz@nuveen.com