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Nuveen Municipal Value:NUV
As of 12/6/2019
| Current | $10.56 | $10.57 | -0.09% |
| 52 Wk Avg | $10.05 | $10.36 | -3.05% |
| 52 Wk High | $10.64 | $10.72 | 0.09% |
| 52 Wk Low | $9.20 | $9.93 | -7.70% |
| Regular Distribution Type† | Income Only |
| Distribution Rate | 3.52% |
| Distribution Amount | $0.0310 |
| Distribution Frequency | Monthly |
Past performance is no guarantee of future results.
Investment Objective
Seeks current income exempt from Federal income taxes and its secondary objective is to enhance the portfolio value through selection of tax-exempt bonds and municipal market sectors. It will invest primarily in a diversified portfolio of tax-exempt municipal obligations rated within the four highest categories. It may invest up to 20% of its net assets in unrated Municipal Obligations. It may engage in financial futures and options in an attempt to hedge against the market risk.
Capital Structure
As of 12/6/2019
| Total Investment Exposure: | $2,216.378M |
| Total Common Assets: | $2,186.673M |
| Common Shares Outstanding: | 206,875,449 |
Leverage
As of 1/31/2019
|
Preferred Share Assets:
| |
|
Total Debt (USD):
| $29.705M |
|
Regulatory Leverage (USD):
| |
|
Effective Leverage (USD):
| $29.705M |
|
Effective Leverage (%):
| 1.34% |
Annual Expense Ratios
As of 10/31/2019
| |
| Management Fees | 0.45% |
| Other Expenses: | 0.06% |
| Baseline Expense: |
N/A
|
| Interest Expense: | 0.03% |
| Total: |
0.54%
|
Fund Management
Fund Sponsor
Nuveen Fund Advisors, LLC.
Portfolio Managers
Daniel J. Close
Basics
| Category: |
Fixed Income - Municipal-Municipal |
| Ticker: |
NUV |
| NAV Ticker: |
XNUVX |
| Average Daily Volume (shares): |
88,141 |
| Average Daily Volume (USD): |
M |
| Inception Date: |
6/17/1987 |
| Inception Share Price: |
$10.00 |
| Inception NAV: |
$9.35 |
| Tender Offer: |
No |
| Term: |
No |
| Fiscal Year End: |
October 31 |
Third Party Links & Reports
As of 12/6/2019
Past performance is no guarantee of future results.
Distribution History
Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.
| Declared Date |
Payable Date |
Ex Date |
Distrib Amount |
Income |
Long Gain |
Short Gain |
ROC |
*Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.
Key Information Regarding Distributions†
Avg. Earnings Per Share:
As of 4/30/2019 |
$0.1866
|
Annualized Distribution Rate on NAV:
As of 12/6/2019 | 3.52% |
Total Return on NAV (12 months):
As of 12/6/2019 | 10.46% |
Avg. Portfolio Coupon:
As of 12/6/2019 |
5.23%
|
Total % Portfolio Effectively Leveraged:
As of 12/6/2019
| 1.34% |
For the latest UNII information on this fund, please visit the Nuveen fund page.
Taxable Equivalent Yield
Premium/Discount Information
Past performance is no guarantee of future results.
Premium/Discount Information
As of 12/7/2019
| 6 Month | -1.75% |
| 1 Year | -3.05% |
| 3 Year | -3.53% |
| 5 Year | -3.09% |
Z-Score
As of 12/6/2019
| 3 Month | 1.53 |
| 6 Month | 1.76 |
| 1 Year | 1.74 |
Pricing History
| Date |
Share Price |
NAV |
Premium / Discount |
Portfolio Characteristics
Average Coupon:
As of 12/6/2019 | 5.23% |
Number of Holdings:
As of 10/31/2019 | 435 |
Annual Portfolio Turnover:
As of 10/31/2019 | 20.00% |
Pre-Refunded:
| 7.72% |
Average Bond Price:
As of 10/31/2019 | $105.98 |
Asset Allocation
As of 10/31/2019 reported by Fund Sponsor
Top Sectors
As of 10/31/2019 reported by Fund Sponsor
| US Municipal Tax Advantaged | 99.71% |
| Municipal (Super Sector) | 99.71% |
| Cash Equivalents | -0.36% |
| Cash Equivalents (Super Sector) | -0.36% |
Call Exposure
As of 9/30/2019 reported by Fund Sponsor
State Allocation
As of 10/31/2019 reported by Fund Sponsor
| Texas | 13.78% |
| Illinois | 11.34% |
| California | 8.92% |
| Colorado | 6.56% |
| New York | 5.19% |
| Florida | 4.78% |
| New Jersey | 4.03% |
| Ohio | 3.49% |
| Washington | 3.18% |
| Nevada | 2.89% |
Top Holdings
As of 10/31/2019 reported by Fund Sponsor
| NORTH TEX TWY AUTH REV 6.2% | $36.62M | 1.67% |
| GRAND PARKWAY TRANSN CORP TEX SYS TOLL REV 5% | $30.40M | 1.39% |
| FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 0% | $29.26M | 1.34% |
| NEW JERSEY ST TRANSN TR FD AUTH 0% | $22.04M | 1.01% |
| HOUSTON TEX HOTEL OCCUPANCY TAX & SPL REV 0% | $19.78M | 0.90% |
| NEW JERSEY ST TRANSN TR FD AUTH 0% | $22.04M | 1.01% |
| MUNICIPAL ELEC AUTH GA 5% | $18.47M | 0.84% |
| E 470 PUB HWY AUTH COLO REV 0% | $17.95M | 0.82% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 6.25% | $16.82M | 0.77% |
| METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV 0% | $16.13M | 0.74% |
Credit Quality
As of 10/31/2019 reported by Fund Sponsor
Maturity Breakdown
As of 10/31/2019 reported by Fund Sponsor
Country Allocation
As of 10/31/2019 reported by Fund Sponsor
| United States - Fixed Income | 98.50% |
| Others - Fixed Income | 1.21% |
Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.
NOTES:
† Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.
The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.
Important information:
This site does not list all of the risks associated with each fund. Investors should contact a fund's sponsor for fund-specific risk information and/or contact a financial advisor before investing.
Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific Fund, please visit the Fund sponsor's website.
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