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

Nuveen AMT-Free Municipal Value Fund (NYSE:NUW) announced a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.0485 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen AMT-Free Municipal Value Fund Trading Up 0.4%

Shares of NYSE:NUW opened at $14.44 on Thursday. The business’s 50-day simple moving average is $14.13 and its 200 day simple moving average is $14.28. Nuveen AMT-Free Municipal Value Fund has a one year low of $13.50 and a one year high of $14.70.

About Nuveen AMT-Free Municipal Value Fund

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.