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

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Friday, February 13th will be paid a dividend of 0.0485 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Friday, February 13th.

Nuveen AMT-Free Municipal Value Fund Stock Performance

Shares of NYSE NUW traded down $0.03 during mid-day trading on Tuesday, reaching $14.51. 5,674 shares of the company’s stock were exchanged, compared to its average volume of 31,035. The company’s 50-day moving average is $14.33 and its 200-day moving average is $14.12. Nuveen AMT-Free Municipal Value Fund has a 52-week low of $13.04 and a 52-week high of $14.55.

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.