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 Wednesday, April 1st. Shareholders of record on Wednesday, April 15th will be given a dividend of 0.0485 per share on Friday, May 1st. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date is Wednesday, April 15th.

Nuveen AMT-Free Municipal Value Fund Trading Down 0.3%

NYSE:NUW traded down $0.05 during mid-day trading on Monday, hitting $14.52. The company had a trading volume of 12,451 shares, compared to its average volume of 34,962. Nuveen AMT-Free Municipal Value Fund has a fifty-two week low of $13.18 and a fifty-two week high of $14.62. The business’s fifty day moving average is $14.37 and its two-hundred day moving average is $14.32.

Nuveen AMT-Free Municipal Value Fund Company Profile

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.