Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Plans Monthly Dividend of $0.05

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Thursday, January 15th will be given a dividend of 0.0485 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Thursday, January 15th.

Nuveen AMT-Free Municipal Value Fund Trading Up 0.0%

NUW traded up $0.01 during trading on Tuesday, reaching $14.51. The company’s stock had a trading volume of 8,085 shares, compared to its average volume of 28,098. The firm has a fifty day simple moving average of $14.30 and a two-hundred day simple moving average of $14.04. Nuveen AMT-Free Municipal Value Fund has a 1 year low of $13.04 and a 1 year high of $14.53.

Nuveen AMT-Free Municipal Value Fund Company Profile

Nuveen AMT-Free Municipal Value Fund (NYSE: NUW) is a closed-end management investment company that seeks to provide shareholders with regular income exempt from federal alternative minimum tax. The fund primarily invests in municipal obligations issued by U.S. state and local governments, including general obligation bonds, revenue bonds and notes. By focusing on instruments that are free from federal AMT, the fund targets investors looking for tax-advantaged income in a structured, professionally managed vehicle.

Since its inception in September 2008, NUW has employed an active management approach, aiming to build a diversified portfolio of investment-grade municipal securities.