As of June 21, 2025, Nuveen Municipal Credit Income Fund (NZF) reports a Current Ratio of 0.50.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Nuveen Municipal Credit Income Fund's Current Ratio
Over recent years, Nuveen Municipal Credit Income Fund's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-10-31 | 0.50 |
| 2023-10-31 | 0.50 |
| 2022-10-31 | 0.95 |
| 2021-10-31 | 2.48 |
| 2020-10-31 | 0.36 |
This fluctuation highlights how Nuveen Municipal Credit Income Fund manages its short-term assets and liabilities over time.
Comparing Nuveen Municipal Credit Income Fund's Current Ratio to Peers
To better understand Nuveen Municipal Credit Income Fund's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Nuveen Municipal Credit Income Fund (NZF) | 0.50 |
| Calamos Convertible and High Income Fund (CHY) | 6.30 |
| Nuveen California Quality Municipal Income Fund (NAC) | 3.09 |
| abrdn Asia-Pacific Income Fund Inc (FAX) | 3.06 |
| Nuveen Quality Municipal Income Fund (NAD) | 2.83 |
| Adams Diversified Equity Fund Inc (ADX) | 2.77 |
Compared to its competitors, Nuveen Municipal Credit Income Fund's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.