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

by · The Markets Daily

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be given a dividend of 0.0485 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Wednesday, July 15th.

Nuveen AMT-Free Municipal Value Fund Stock Up 0.4%

NYSE:NUW opened at $14.44 on Thursday. The stock’s fifty day moving average price is $14.13 and its two-hundred day moving average price is $14.28. Nuveen AMT-Free Municipal Value Fund has a 52-week low of $13.50 and a 52-week high of $14.70.

Nuveen AMT-Free Municipal Value Fund Company Profile

(Get Free Report)

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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