Nuveen AMT-Free Municipal Value Fund (NYSE:NUW – Get Free Report) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.0485 per share on Thursday, October 1st. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Tuesday, September 15th.
Nuveen AMT-Free Municipal Value Fund Trading Down 0.1%
Shares of NYSE NUW opened at $13.49 on Friday. The business’s 50 day moving average is $14.03 and its 200-day moving average is $14.16. Nuveen AMT-Free Municipal Value Fund has a 1-year low of $13.44 and a 1-year high of $14.70.
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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