Nuveen Municipal Value Fund, Inc. Declares Regular Monthly Tax-Free Distribution, Payable on December 3, 2018
November 01, 2018 at 05:31 pm EDT
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Nuveen Municipal Value Fund, Inc. declared a regular monthly tax-free distribution of $0.0310 per share. The dividend is payable on December 3, 2018 with record date of November 15, 2018 and ex-dividend date is November 14, 2018.
Nuveen Municipal Value Fund, Inc. (the Fund) is a diversified closed-end management investment company. The Fundâs primary investment objective is current income exempt from federal income tax. The Fundâs secondary objective is the enhancement of portfolio value through selection of tax-exempt bonds and municipal market sectors. The Fund seeks to invest at least 80% of its assets in municipal securities, the income from which is exempt from regular federal income taxes. The Fund also invests up to 20% of its managed assets in municipal securities that pay interest that is taxable under the federal alternative minimum tax. It invests up to 15% of its managed assets in inverse floating rate securities. It also invests a portion of its managed assets in certain sectors of the municipal securities market, such as hospitals and other health care facilities, charter schools and other private educational facilities, and others. The Fund's investment advisor is Nuveen Fund Advisors, LLC.
NUVEEN MUNICIPAL VALUE FUND, INC. 
