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

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be paid a dividend of 0.0325 per share by the closed-end fund on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, August 14th.

Nuveen Municipal Value Fund Price Performance

Shares of NYSE NUV opened at $9.07 on Tuesday. The firm has a fifty day moving average of $9.13 and a 200 day moving average of $9.13. Nuveen Municipal Value Fund has a one year low of $8.50 and a one year high of $9.26.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Hantz Financial Services Inc. raised its stake in Nuveen Municipal Value Fund by 166.5% in the 4th quarter. Hantz Financial Services Inc. now owns 3,059 shares of the closed-end fund’s stock valued at $28,000 after purchasing an additional 1,911 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new position in shares of Nuveen Municipal Value Fund in the fourth quarter worth about $28,000. Camelot Portfolios LLC purchased a new position in shares of Nuveen Municipal Value Fund in the fourth quarter worth about $45,000. EQ Wealth Advisors LLC acquired a new position in Nuveen Municipal Value Fund during the fourth quarter worth about $47,000. Finally, International Assets Investment Management LLC acquired a new position in Nuveen Municipal Value Fund during the fourth quarter worth about $50,000. Institutional investors and hedge funds 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.