Nuveen Municipal Value Fund, Inc. (NYSE:NUV) Declares $0.03 Monthly Dividend

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be paid a dividend of 0.0325 per share by the closed-end fund on Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Municipal Value Fund Price Performance

Shares of NUV opened at $9.23 on Thursday. Nuveen Municipal Value Fund has a 1 year low of $8.45 and a 1 year high of $9.26. The company’s 50 day simple moving average is $9.12 and its 200 day simple moving average is $9.11.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Hantz Financial Services Inc. boosted its holdings in shares of Nuveen Municipal Value Fund by 166.5% during the fourth quarter. Hantz Financial Services Inc. now owns 3,059 shares of the closed-end fund’s stock worth $28,000 after purchasing an additional 1,911 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new stake in shares of Nuveen Municipal Value Fund in the fourth quarter valued at $28,000. Camelot Portfolios LLC acquired a new position in Nuveen Municipal Value Fund in the fourth quarter valued at $45,000. EQ Wealth Advisors LLC acquired a new position in Nuveen Municipal Value Fund in the fourth quarter valued at $47,000. Finally, International Assets Investment Management LLC purchased a new position in Nuveen Municipal Value Fund during the fourth quarter worth about $50,000. Hedge funds and other institutional investors own 22.50% of the company’s stock.

About Nuveen Municipal Value Fund

The Nuveen Municipal Value Fund (NYSE:NUV) is a closed-end management investment company that seeks to provide its shareholders with current income exempt from regular federal income tax. The fund primarily invests in investment-grade municipal securities, including bonds and other debt obligations issued by state, municipal, and local governments across the United States. Through its diversified portfolio, NUV aims to deliver a stable stream of tax-advantaged income while preserving capital.

NUV’s investment strategy focuses on long-term municipal bonds, selecting securities based on credit quality, yield potential, and sector diversification.