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

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) declared a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be given a dividend of 0.0485 per share on Monday, December 1st. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, November 14th.

Nuveen AMT-Free Municipal Value Fund Stock Down 0.8%

NUW opened at $14.26 on Tuesday. The company has a fifty day moving average of $14.11 and a 200 day moving average of $13.79. Nuveen AMT-Free Municipal Value Fund has a fifty-two week low of $13.04 and a fifty-two week high of $14.52.

Institutional Trading of Nuveen AMT-Free Municipal Value Fund

Institutional investors have recently bought and sold shares of the stock. 1607 Capital Partners LLC boosted its stake in shares of Nuveen AMT-Free Municipal Value Fund by 3.9% during the 1st quarter. 1607 Capital Partners LLC now owns 1,303,138 shares of the company’s stock worth $17,905,000 after purchasing an additional 48,745 shares during the period. Raymond James Financial Inc. boosted its stake in shares of Nuveen AMT-Free Municipal Value Fund by 5.6% during the 2nd quarter. Raymond James Financial Inc. now owns 304,383 shares of the company’s stock worth $4,164,000 after purchasing an additional 16,235 shares during the period. Captrust Financial Advisors boosted its stake in shares of Nuveen AMT-Free Municipal Value Fund by 10.4% during the 2nd quarter. Captrust Financial Advisors now owns 222,471 shares of the company’s stock worth $3,043,000 after purchasing an additional 20,983 shares during the period. LPL Financial LLC boosted its stake in shares of Nuveen AMT-Free Municipal Value Fund by 12.5% during the 1st quarter. LPL Financial LLC now owns 175,565 shares of the company’s stock worth $2,412,000 after purchasing an additional 19,469 shares during the period. Finally, Smartleaf Asset Management LLC purchased a new position in shares of Nuveen AMT-Free Municipal Value Fund during the 2nd quarter worth about $1,693,000.

About Nuveen AMT-Free Municipal Value Fund

Nuveen AMT-Free Municipal Value Fund is a close-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets of the United States. The fund makes its investments in the securities of companies operating across diversified sectors.