Nuveen AMT-Free Municipal Value Fund (NYSE:NUW – Get Free Report) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 8,353 shares, a decrease of 59.0% from the April 15th total of 20,361 shares. Based on an average trading volume of 33,324 shares, the days-to-cover ratio is currently 0.3 days.
Nuveen AMT-Free Municipal Value Fund Trading Down 1.0%
NUW opened at $13.91 on Friday. The stock has a 50-day moving average of $14.26 and a 200-day moving average of $14.32. Nuveen AMT-Free Municipal Value Fund has a 52-week low of $13.42 and a 52-week high of $14.70.
Nuveen AMT-Free Municipal Value Fund Announces Dividend
The business also recently declared a monthly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be paid a dividend of $0.0485 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Friday, May 15th.
Institutional Trading of Nuveen AMT-Free Municipal Value Fund
About Nuveen AMT-Free Municipal Value Fund
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.
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