Nuveen Municipal Value Fund, Inc. (NUV) NYSE

9.02

+0.052(+0.58%)

Updated at September 26 04:00PM

Currency In USD

Nuveen Municipal Value Fund, Inc.

Address

333 West Wacker Drive

Chicago, IL 60606-1220

United States of America

Phone

312 917 7700

Sector

Financial Services

Industry

Asset Management

Employees

0

First IPO Date

June 17, 1987

Key Executives

NameTitlePayYear Born
Mr. Daniel S. Solender CFAPortfolio Manager01967
Mr. Nathaniel T. JonesVice President & Treasurer01979
Mr. Thomas C. Spalding Jr., C.F.A.Portfolio Manager01962
Mr. Johnathan N. WilhelmPortfolio Manager0N/A

Description

Nuveen Municipal Value Fund, Inc. is a closed-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 the fixed income markets of the United States. The fund also invests some portion of its portfolio in derivative instruments. It invests in undervalued municipal securities and other related investments the income, exempt from regular federal income taxes that are rated Baa or BBB or better. It employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund benchmarks the performance of its portfolio against the Standard & Poor's (S&P) National Municipal Bond Index. Nuveen Municipal Value Fund, Inc. was formed on April 8, 1987 and is domiciled in the United States.