Nuveen AMT-Free Municipal Value Fund (NUW) To Go Ex-Dividend on October 15th

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be given a dividend of $0.0485 per share on Monday, November 2nd. This represents a $0.58 annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Thursday, October 15th.

Nuveen AMT-Free Municipal Value Fund Stock Performance

Shares of Nuveen AMT-Free Municipal Value Fund stock opened at $13.32 on Friday. Nuveen AMT-Free Municipal Value Fund has a twelve month low of $12.70 and a twelve month high of $14.70. The business has a 50-day moving average price of $13.69 and a 200-day moving average price of $14.04.

Hedge Funds Weigh In On Nuveen AMT-Free Municipal Value Fund

A number of institutional investors and hedge funds have recently made changes to their positions in NUW. Readystate Asset Management LP bought a new stake in Nuveen AMT-Free Municipal Value Fund during the second quarter worth approximately $180,000. Rivernorth Capital Management LLC increased its position in shares of Nuveen AMT-Free Municipal Value Fund by 20.3% during the 2nd quarter. Rivernorth Capital Management LLC now owns 504,767 shares of the company’s stock valued at $7,259,000 after purchasing an additional 85,291 shares during the last quarter. Van ECK Associates Corp lifted its position in Nuveen AMT-Free Municipal Value Fund by 3.6% in the second quarter. Van ECK Associates Corp now owns 150,849 shares of the company’s stock worth $2,169,000 after buying an additional 5,184 shares during the last quarter. 49 Wealth Management LLC bought a new stake in Nuveen AMT-Free Municipal Value Fund in the second quarter worth $399,000. Finally, Bank of America Corp DE purchased a new position in Nuveen AMT-Free Municipal Value Fund during the second quarter worth $2,412,000.

About Nuveen AMT-Free Municipal Value Fund

Nuveen AMT-Free Municipal Value Fund (NYSE: NUW) is a closed-end management investment company designed to provide current income that is exempt from regular federal income tax and the federal alternative minimum tax (AMT). The fund invests primarily in municipal securities issued by states, cities, counties, and other public authorities across the United States.

The fund’s portfolio may include tax-exempt municipal bonds and other related obligations, with investments selected based on factors such as credit quality, maturity, structure, and relative value.