BFK vs. NVG

Last updated Apr 2, 2026

Compare and contrast key facts about BlackRock Municipal Income Trust (BFK) and Nuveen AMT-Free Municipal Credit Income Fund (NVG).

Performance

BFK vs. NVG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Municipal Income Trust (BFK) and Nuveen AMT-Free Municipal Credit Income Fund (NVG). The values are adjusted to include any dividend payments, if applicable.

BFK vs. NVG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BFK BlackRock Municipal Income Trust	1.60%	8.12%	3.80%	4.22%	-31.90%	5.20%	14.61%	22.06%	-8.59%	7.66%
NVG Nuveen AMT-Free Municipal Credit Income Fund	0.63%	11.61%	10.79%	1.94%	-28.47%	12.14%	6.40%	25.63%	-4.03%	13.19%

Fundamentals

Total Revenue (TTM) BFK : $36.38M NVG : $442.39M
Gross Profit (TTM) BFK : $36.38M NVG : $398.18M
EBITDA (TTM) BFK : $0.00 NVG : $645.87M

Returns By Period

BFK

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVG

• 1D: 1.46%
• 1M: -4.78%
• YTD: 0.63%
• 6M: 4.53%
• 1Y: 8.78%
• 3Y*: 8.96%
• 5Y*: -0.06%
• 10Y*: 3.89%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BFK vs. NVG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NVG

NVG Risk / Return Rank: 62
NVG Sharpe Ratio Rank: 67
NVG Sortino Ratio Rank: 57
NVG Omega Ratio Rank: 59
NVG Calmar Ratio Rank: 61
NVG Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BFK vs. NVG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Municipal Income Trust (BFK) and Nuveen AMT-Free Municipal Credit Income Fund (NVG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BFK	NVG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.76	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.01	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.39	—

Correlation

The correlation between BFK and NVG is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BFK vs. NVG - Dividend Comparison

BFK's dividend yield for the trailing twelve months is around 5.45%, less than NVG's 7.58% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BFK BlackRock Municipal Income Trust	5.45%	5.98%	6.09%	3.95%	5.84%	4.52%	4.33%	4.74%	5.87%	5.63%	6.31%	6.11%
NVG Nuveen AMT-Free Municipal Credit Income Fund	7.58%	7.49%	6.74%	4.45%	6.18%	4.69%	5.24%	4.94%	6.07%	5.67%	6.17%	5.46%

Drawdowns

Drawdown Indicators

	BFK	NVG	Difference
Max Drawdown Largest peak-to-trough decline	—	-41.72%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-10.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-40.58%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.58%	—
Current Drawdown Current decline from peak	—	-9.26%	—
Average Drawdown Average peak-to-trough decline	—	-7.92%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.20%	—

Volatility

Volatility by Period

	BFK	NVG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.39%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	11.64%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	12.90%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	12.80%	—

Financials