Nuveen Municipal Value Fund, Inc. (NUV) To Go Ex-Dividend on March 13th

Nuveen Municipal Value Fund, Inc. (NYSE:NUV) declared a monthly dividend on Monday, March 2nd. Stockholders of record on Friday, March 13th will be paid a dividend of 0.0325 per share by the closed-end fund on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Friday, March 13th.

Nuveen Municipal Value Fund Stock Up 0.0%

NUV stock opened at $9.22 on Wednesday. The business has a 50 day moving average of $9.14 and a 200-day moving average of $9.04. Nuveen Municipal Value Fund has a 12-month low of $8.38 and a 12-month high of $9.26.

Institutional Investors Weigh In On Nuveen Municipal Value Fund

Hedge funds have recently bought and sold shares of the business. UBS Group AG increased its stake in shares of Nuveen Municipal Value Fund by 2.0% during the fourth quarter. UBS Group AG now owns 7,181,215 shares of the closed-end fund’s stock valued at $65,062,000 after purchasing an additional 143,742 shares in the last quarter. Guggenheim Capital LLC boosted its position in shares of Nuveen Municipal Value Fund by 41.7% in the 4th quarter. Guggenheim Capital LLC now owns 2,516,342 shares of the closed-end fund’s stock worth $22,798,000 after purchasing an additional 741,089 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its stake in shares of Nuveen Municipal Value Fund by 23.5% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 2,368,391 shares of the closed-end fund’s stock worth $21,268,000 after buying an additional 450,896 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Nuveen Municipal Value Fund by 14.8% in the 4th quarter. Wells Fargo & Company MN now owns 2,164,243 shares of the closed-end fund’s stock worth $19,608,000 after buying an additional 279,066 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position 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 valued at $18,927,000 after buying an additional 336,397 shares in the last quarter. 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.