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The Board of Directors of Nuveen Municipal Value Fund, Inc. (NYSE: NUV) and the Board of Trustees of Nuveen AMT-Free Municipal Value Fund (NYSE: NUW) has approv
CHICAGO--(BUSINESS WIRE)--The Board of Directors of Nuveen Municipal Value Fund, Inc. (NYSE: NUV) and the Board of Trustees of Nuveen AMT-Free Municipal Value Fund (NYSE: NUW) has approved new investment policies for each fund. The changes will not alter the investment approach or investment objectives of either fund.The new investment policies are expected to go into effect on October 30, 2026.New 80% Investment PolicyUnder normal circumstances, each Fund will invest at least 80% of its Assets.
Nuveen Municipal Value Fund, Inc. (NYSE: NUV - Get Free Report)'s share price reached a new 52-week low on Monday. The company traded as low as $8.05 and last traded at $8.0150, with a volume of 1100901 shares traded. The stock had previously closed at $8.18. Nuveen Municipal Value Fund Price Performance The company's 50 day
Nuveen Municipal Value Fund, Inc. (NYSE: NUV - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $9.13 and traded as low as $9.12. Nuveen Municipal Value Fund shares last traded at $9.1650, with a volume of
Nuveen Municipal Value Fund targets tax-advantaged income through a diversified portfolio of investment-grade municipal bonds.
Municipal bond closed-end funds (CEFs) are seeing narrowing discounts, with NXP and MHF offering the most compelling value in the space at present. Leverage costs are easing as the Fed cuts rates, which should improve distribution coverage and make leveraged muni CEFs more attractive. Of course, there are always risks that include increased volatility from leverage and sensitivity to long-term Treasury rates, but we've seen long-term rate stabilization within a fairly narrow range.
Congress Park Capital LLC raised its position in Nuveen Municipal Value Fund, Inc. (NYSE: NUV) by 17.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 646,632 shares of the closed-end fund's stock after purchasing an additional 95,000 shares
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