0001999371-24-006347.txt : 20240520 0001999371-24-006347.hdr.sgml : 20240520 20240520164320 ACCESSION NUMBER: 0001999371-24-006347 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240520 DATE AS OF CHANGE: 20240520 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Nuveen AMT-Free Municipal Credit Income Fund CENTRAL INDEX KEY: 0001090116 ORGANIZATION NAME: IRS NUMBER: 752998730 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-261173 FILM NUMBER: 24965259 BUSINESS ADDRESS: STREET 1: 333 WEST WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3129178146 MAIL ADDRESS: STREET 1: 333 WEST WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: Nuveen Enhanced AMT-Free Municipal Credit Opportunities Fund DATE OF NAME CHANGE: 20160411 FORMER COMPANY: FORMER CONFORMED NAME: NUVEEN DIVIDEND ADVANTAGE MUNICIPAL INCOME FUND DATE OF NAME CHANGE: 20120106 FORMER COMPANY: FORMER CONFORMED NAME: NUVEEN INSURED DIVIDEND ADVANTAGE MUNICIPAL FUND DATE OF NAME CHANGE: 19990709 424B3 1 nvg-424b3_052024.htm PROSPECTUS

Nuveen AMT-Free Municipal Credit Income Fund (NYSE: NVG)

(the “Fund”)

Supplement Dated May 20, 2024

to the Fund’s Currently Effective Prospectus

Effective May 1, 2024, the information appearing under the heading “Management of the Fund – Investment Management and Sub-Advisory Agreements – Complex-Level Fee” of the Prospectus is hereby deleted and replaced with the following:

Complex-Level Fee. The overall complex-level fee, payable monthly, begins at a maximum rate of 0.1600% of the Fund’s average daily managed assets, with breakpoints for eligible complex-level assets above $124.3 billion. Therefore, the maximum management fee rate for the Fund is the Fund-level fee plus 0.1600%. The current overall complex-level fee schedule is as follows:

Complex-Level Eligible Asset Breakpoint Level*			Effective Complex-Level Fee Rate at Breakpoint Level
For the first $124.3 billion			0.1600%
For the next $75.7 billion			0.1350%
For the next $200 billion			0.1325%
For eligible assets over $400 billion			0.1300%

^*See “Investment Adviser, Sub-Adviser and Portfolio Manager” in the SAI for more detailed information about the complex-level fee and eligible complex-level assets.

PLEASE KEEP THIS WITH YOUR

FUND’S PROSPECTUS FOR FUTURE REFERENCE

EGN-NVGP-0524P

Nuveen AMT-Free Municipal Credit Income Fund (NYSE: NVG)

(the “Fund”)

Supplement Dated May 20, 2024

to the Fund’s Currently Effective

Statement of Additional Information (“SAI”)

Effective May 1, 2024, the information appearing under the heading “Investment Adviser, Sub-Adviser and Portfolio Manager – Complex-Level Fee” of the SAI is hereby deleted and replaced with the following:

Complex-Level Fee. The overall complex-level fee, payable monthly, begins at a maximum rate of 0.1600% of the Fund’s average daily managed assets, with breakpoints for eligible complex-level assets above $124.3 billion. Therefore, the maximum management fee rate for the Fund is the Fund-level fee plus 0.1600%. The current overall complex-level fee schedule is as follows:

Complex-Level Eligible Asset Breakpoint Level*			Effective Complex-Level Fee Rate at Breakpoint Level
For the first $124.3 billion			0.1600%
For the next $75.7 billion			0.1350%
For the next $200 billion			0.1325%
For eligible assets over $400 billion			0.1300%

^*The complex-level fee is calculated based upon the aggregate daily “eligible assets” of all Nuveen-branded closed-end funds and Nuveen Mutual Funds. Except as described below, eligible assets include the net assets of all Nuveen-branded closed-end funds and Nuveen Mutual Funds organized in the United States. Eligible assets do not include the net assets of: Nuveen fund-of-funds, Nuveen money market funds, Nuveen index funds, Nuveen Large Cap Responsible Equity Fund or Nuveen Life Large Cap Responsible Equity Fund. In addition, eligible assets include a fixed percentage of the aggregate net assets of the active equity and fixed income Nuveen Mutual Funds advised by Teachers Advisors, LLC (“TAL”) (except those identified above). Eligible assets will include all of the aggregate net assets of TAL-advised active equity and fixed income Nuveen Mutual Funds (except those identified above) on May 1, 2033. Eligible assets include closed-end fund assets managed by Nuveen Fund Advisors that are attributable to financial leverage. For these purposes, financial leverage includes the closed-end funds’ use of preferred stock and borrowings and certain investments in the residual interest certificates (also called inverse floating rate securities) in tender option bond (TOB) trusts, including the portion of assets held by a TOB trust that has been effectively financed by the trust’s issuance of floating rate securities, subject to an agreement by Nuveen Fund Advisors as to certain funds to limit the amount of such assets for determining eligible assets in certain circumstances.

PLEASE KEEP THIS WITH YOUR

FUND’S SAI FOR FUTURE REFERENCE

EGN-NVGS-0524P