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Nuveen Municipal Value Fund (NUV)

National Muni Bond Funds - National Municipal (tax-free) Bond

Data as of Sept. 20, 2023
Market Price $8.30 (+ $0.02)
NAV (Sept. 20, 2023) $9.07 ( $0.00)
Fund Listed NYSE
Premium / Discount -8.49% (+0.22%)
Fund Info
Inception June 17, 1987
Sponsor Nuveen Fund Advisors
Phone 800-257-8787
Location Illinois
Incorporated Minnesota
Staggered Board Yes
Term Date N/A
Objective: Current income exempt from regular federal income tax; investment grade municipal securities
Related Indexes
National Municipal Bond Index
Tax-Sensitive Income Index
Capital & Leverage
Outstanding Shares 207,541,595
Total Assets (Reported: July 30, 2023) $1,952M
Estimated Total Assets $1,903M
Net Assets $1,882M
Market Cap $1,723M
Portfolio Turnover 9.00%
Total Leverage 1.10%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 100.00%
Expense Ratio 0.54%
Non Lev Exp Ratio 0.50%
Rel Lev Cost 3.60%
Discount Data
Average Discount (3 Yr) -1.02%
Discount Low(3 Yr) -8.71%
Discount High(3 Yr) 9.97%
Discount Rel Range (3 Yr) 1.18%
Comp Discount 3.83
Discount St Dev (1Yr) 1.30
Z-Stat (6mo) -2.00
Z-Stat (1Yr) -2.14
Z-Stat (3Yr) -1.43
Comp Z-Stat (6mo) -0.50
Comp Z-Stat (3Yr) 0.21
Distribution Data
Market Yield 4.05%
Income Yield 4.05%
Lev Adj NAV Yield 3.66%
Distribution Frequency M
Current Distribution $0.028
Current Income $0.028
Ex-Date 9/14/23
Payable Date 10/2/23
Div Growth (3yr) -9.68%
Dividend Change -9.7% on 7/1/21
Expected Div 10/2/23
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $3,145
Avg Volume 30 day 443,896
Avg Volume 90 day 378,900
Volume Trend 17.15%
Comp Volume Trend 4.39%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's National Municipal Bond Index
Most Correlated Peer (Mk Pr): NAD 83.0%
NAV - Price Correlation (30 d) 89.5%
NAV - Price Correlation (90 d) 95.5%
NAV - Price Correlation (1 Yr) 81.8%
Price St Dev (1Yr) 10.0%
NAV St Dev (1Yr) 4.3%
Earnings / Share (7/31/23) $0.028
Earn Coverage 101.43%
Earnings Trend Up
UNII / Share (7/31/23) $0.012
Rel UNII 3.63
UNII Trend Up
Bond Specific Data
Maturity 17.28
Duration 7.89
Credit Rating (rbo) A
Investment Grade 91.10%
Non Investment Grade 2.20%
Unrated Bonds 6.60%
Average Bond Price 90.63
Discount vs Price -17.86
Coupon 4.92%
Zero Coupon 21.90%
AMT 4.65%
AMT Yield 4.00%
Bond Calls Risk 8.00%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's National Municipal Bond Index

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NOTES: Distribution type sourced from For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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