Nuveen New York Municipal Value Fund (NYSE:NNY - Get Free Report) declared a monthly dividend on Tuesday, June 3rd, Wall Street Journal reports. Investors of record on Friday, June 13th will be paid a dividend of 0.0295 per share by the investment management company on Tuesday, July 1st. This represents a $0.35 dividend on an annualized basis and a yield of 4.37%. The ex-dividend date is Friday, June 13th.
Nuveen New York Municipal Value Fund Stock Performance
Shares of NNY traded up $0.02 during midday trading on Friday, hitting $8.11. The company had a trading volume of 44,361 shares, compared to its average volume of 50,665. The company's 50-day simple moving average is $8.16 and its 200-day simple moving average is $8.20. Nuveen New York Municipal Value Fund has a 1 year low of $7.86 and a 1 year high of $8.87.
About Nuveen New York Municipal Value Fund
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Nuveen New York 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 New York. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.
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