Nuveen Municipal Value Fund, Inc.

Frequently Asked Questions About NUV

What does NUV invest in?

The Nuveen Municipal Value Fund, Inc. (NUV) operates as a closed-end mutual fund specializing in fixed income investments, originally established by Nuveen Investments, Inc. Its management responsibilities are shared between Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund primarily directs its investments toward the fixed income markets of the United States, with a portion of its portfolio also allocated to derivative instruments. It strategically seeks out undervalued municipal bonds and similar investments that generate income exempt from regular federal taxes and hold a credit rating of Baa, BBB, or higher. Portfolio creation involves fundamental analysis using a bottom-up stock selection methodology. The fund's performance is measured against the Standard & Poor's (S&P) National Municipal Bond Index. This U.S.-domiciled fund was founded on April 8, 1987.

What is the expense ratio of NUV?

Nuveen Municipal Value Fund, Inc. (NUV) charges an expense ratio of 0.66%. This is the annual fee deducted from fund assets to cover management and operations.

What is NUV's dividend yield?

NUV's trailing-twelve-month yield is 4.65%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of NUV?

Effective duration measures NUV's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. NUV's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of NUV?

NUV's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of NUV?

Yield to maturity (YTM) is the total return you'd earn from NUV if every bond in the portfolio is held to maturity at the current price. NUV's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.