Nuveen Municipal Value Fund, Inc. (NUV) to Issue Monthly Dividend of $0.03 on March 2nd

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Friday, February 13th will be given a dividend of 0.0325 per share by the closed-end fund on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, February 13th.

Nuveen Municipal Value Fund Stock Down 0.3%

Nuveen Municipal Value Fund stock opened at $9.17 on Wednesday. Nuveen Municipal Value Fund has a one year low of $8.38 and a one year high of $9.22. The business has a fifty day moving average price of $9.07 and a 200-day moving average price of $8.95.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Seven Mile Advisory purchased a new stake in shares of Nuveen Municipal Value Fund in the third quarter worth about $5,563,000. Hennion & Walsh Asset Management Inc. grew its stake in Nuveen Municipal Value Fund by 23.5% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 2,368,391 shares of the closed-end fund’s stock valued at $21,268,000 after acquiring an additional 450,896 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Nuveen Municipal Value Fund by 19.0% during the 3rd quarter. Raymond James Financial Inc. now owns 2,107,720 shares of the closed-end fund’s stock worth $18,927,000 after acquiring an additional 336,397 shares during the period. Jones Financial Companies Lllp lifted its stake in Nuveen Municipal Value Fund by 46.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 632,281 shares of the closed-end fund’s stock worth $5,703,000 after purchasing an additional 200,562 shares in the last quarter. Finally, UBS Group AG lifted its stake in Nuveen Municipal Value Fund by 2.0% in the 4th quarter. UBS Group AG now owns 7,181,215 shares of the closed-end fund’s stock worth $65,062,000 after purchasing an additional 143,742 shares in the last quarter. 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.