Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) Announces Monthly Dividend of $0.04

Nuveen AMT-Free Municipal Value Fund (NYSE:NUWGet Free Report) declared a monthly dividend on Thursday, February 1st, Zacks reports. Stockholders of record on Thursday, February 15th will be given a dividend of 0.043 per share on Friday, March 1st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date of this dividend is Wednesday, February 14th. This is an increase from Nuveen AMT-Free Municipal Value Fund’s previous monthly dividend of $0.04.

Nuveen AMT-Free Municipal Value Fund Price Performance

NYSE:NUW opened at $13.89 on Tuesday. The firm has a 50 day simple moving average of $13.70 and a 200-day simple moving average of $13.40. Nuveen AMT-Free Municipal Value Fund has a 1-year low of $12.45 and a 1-year high of $14.51.

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

A number of institutional investors have recently modified their holdings of the company. Rivernorth Capital Management LLC grew its holdings in Nuveen AMT-Free Municipal Value Fund by 81.7% in the first quarter. Rivernorth Capital Management LLC now owns 280,428 shares of the company’s stock valued at $4,139,000 after purchasing an additional 126,121 shares during the period. Bank of America Corp DE grew its holdings in Nuveen AMT-Free Municipal Value Fund by 79.5% in the first quarter. Bank of America Corp DE now owns 155,997 shares of the company’s stock valued at $2,148,000 after purchasing an additional 69,102 shares during the period. UBS Group AG grew its holdings in Nuveen AMT-Free Municipal Value Fund by 108.3% in the first quarter. UBS Group AG now owns 112,260 shares of the company’s stock valued at $1,546,000 after purchasing an additional 58,361 shares during the period. Morgan Stanley grew its holdings in Nuveen AMT-Free Municipal Value Fund by 6.3% in the fourth quarter. Morgan Stanley now owns 868,468 shares of the company’s stock valued at $11,820,000 after purchasing an additional 51,615 shares during the period. Finally, Atria Wealth Solutions Inc. purchased a new stake in Nuveen AMT-Free Municipal Value Fund in the first quarter valued at approximately $384,000.

About Nuveen AMT-Free Municipal Value Fund

(Get Free Report)

Nuveen AMT-Free Municipal Value Fund is a close-ended fixed income mutual fund launched by Nuveen Investments Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in fixed income markets of the United States. The fund makes its investments in the securities of companies operating across diversified sectors.

See Also

Dividend History for Nuveen AMT-Free Municipal Value Fund (NYSE:NUW)

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