Is Nuveen AMT-Free Municipal Credit Income Fund overvalued?

Nuveen AMT-Free Municipal Credit Income Fund (NVG) looks overvalued — trading about 54% above its fair value.

Overvalued

Price

$12.80

Fair value

$5.86

Current P/E

47.9

Normal P/E

22.0

Market cap

$2.73B

Dividend yield

7.5%

Return on equity

2.1%

Sector

Financial Services

Fair value compares NVG's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.

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