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Nuveen AMT-Free Municipal Value Fund
mutual fund
XNUWX
Payout Change
None
Price as of:
$14.69
-0.13
-0.88%
primary theme
Municipal Bond
share class
XNUWX (Mutual Fund)
Nuveen AMT-Free Municipal Value Fund
Payout Change
None
Price as of:
$14.69
-0.13
-0.88%
primary theme
Municipal Bond
share class
XNUWX (Mutual Fund)
Nuveen AMT-Free Municipal Value Fund
Payout Change
None
Price as of:
$14.69
-0.13
-0.88%
primary theme
Municipal Bond
share class
Name
As of 09/22/2023Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-1.0%
1 yr return
0.9%
3 Yr Avg Return
-4.6%
5 Yr Avg Return
-1.1%
Net Assets
$278 M
Holdings in Top 10
24.0%
52 WEEK LOW AND HIGH
$14.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.68%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 10.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 09/22/2023Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
XNUWX - Profile
Distributions
- YTD Total Return -1.0%
- 3 Yr Annualized Total Return -4.6%
- 5 Yr Annualized Total Return -1.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.60%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameNuveen AMT-Free Municipal Value Fund
-
Fund Family NameNuveen
-
Inception DateFeb 25, 2009
-
Shares Outstanding17951336
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDaniel Close
Fund Description
XNUWX - Performance
Return Ranking - Trailing
| Period | XNUWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.0% | -60.4% | 26.2% | 80.06% |
| 1 Yr | 0.9% | -14.1% | 8.5% | 87.38% |
| 3 Yr | -4.6%* | -9.3% | 50.1% | 94.45% |
| 5 Yr | -1.1%* | -4.5% | 28.8% | 94.60% |
| 10 Yr | 1.8%* | -1.7% | 14.1% | 47.97% |
* Annualized
Return Ranking - Calendar
| Period | XNUWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -14.3% | -76.8% | 4.7% | 83.51% |
| 2021 | -0.3% | -69.5% | 9.0% | 40.09% |
| 2020 | 2.5% | -66.1% | 310.0% | 17.08% |
| 2019 | 5.5% | -57.4% | 26.0% | 9.00% |
| 2018 | -4.7% | -30.0% | 11.0% | 97.31% |
Total Return Ranking - Trailing
| Period | XNUWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.0% | -60.4% | 26.2% | 80.06% |
| 1 Yr | 0.9% | -14.6% | 11.3% | 87.38% |
| 3 Yr | -4.6%* | -5.8% | 6071.3% | 94.45% |
| 5 Yr | -1.1%* | -1.6% | 1098.8% | 94.60% |
| 10 Yr | 1.8%* | -0.4% | 247.4% | 47.97% |
* Annualized
Total Return Ranking - Calendar
| Period | XNUWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -14.3% | -76.8% | 4.7% | 93.48% |
| 2021 | -0.3% | -69.5% | 23761504.0% | 92.34% |
| 2020 | 2.5% | -66.1% | 34671.4% | 87.20% |
| 2019 | 7.7% | -57.4% | 3514.6% | 24.98% |
| 2018 | 0.0% | -30.0% | 15.0% | 83.20% |
NAV & Total Return History
XNUWX - Holdings
Concentration Analysis
| XNUWX | Category Low | Category High | XNUWX % Rank | |
|---|---|---|---|---|
| Net Assets | 278 M | 423 K | 437 B | 61.49% |
| Number of Holdings | 386 | 1 | 14000 | 31.64% |
| Net Assets in Top 10 | 70.4 M | -317 M | 8.64 B | 52.23% |
| Weighting of Top 10 | 24.00% | 2.4% | 101.7% | 26.76% |
Top 10 Holdings
- PALOMAR POMERADO HEALTH CALIF 7% 4.68%
- SAN YSIDRO CALIF SCH DIST 0% 3.04%
- TEXAS WATER DEV BRD 4% 2.85%
- BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% 2.35%
- METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV 0% 2.28%
- MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5% 1.98%
- HOUSTON TEX HOTEL OCCUPANCY TAX & SPL REV 0% 1.97%
- UNIVERSITY WASH UNIV REVS 5% 1.64%
- LAS VEGAS NEV CONVENTION & VISITORS AUTH REV 5.25% 1.61%
- PIEDMONT MUN PWR AGY S C ELEC REV 0% 1.60%
Asset Allocation
| Weighting | Return Low | Return High | XNUWX % Rank | |
|---|---|---|---|---|
| Bonds | 99.48% | 65.51% | 150.86% | 26.98% |
| Cash | 0.27% | -50.86% | 33.96% | 79.35% |
| Stocks | 0.25% | -0.03% | 4.63% | 5.65% |
| Preferred Stocks | 0.00% | -0.52% | 0.04% | 93.85% |
| Other | 0.00% | -13.03% | 30.01% | 86.38% |
| Convertible Bonds | 0.00% | 0.00% | 0.93% | 94.01% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | XNUWX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 0.00% | N/A |
| Technology | 0.00% | 0.00% | 0.00% | N/A |
| Real Estate | 0.00% | 0.00% | 0.00% | N/A |
| Industrials | 0.00% | 0.00% | 100.00% | N/A |
| Healthcare | 0.00% | 0.00% | 0.00% | N/A |
| Financial Services | 0.00% | 0.00% | 0.00% | N/A |
| Energy | 0.00% | 0.00% | 0.00% | N/A |
| Communication Services | 0.00% | 0.00% | 100.00% | N/A |
| Consumer Defense | 0.00% | 0.00% | 0.00% | N/A |
| Consumer Cyclical | 0.00% | 0.00% | 100.00% | N/A |
| Basic Materials | 0.00% | 0.00% | 0.00% | N/A |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | XNUWX % Rank | |
|---|---|---|---|---|
| US | 0.25% | -0.03% | 4.63% | 5.65% |
| Non US | 0.00% | 0.00% | 0.00% | 93.85% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | XNUWX % Rank | |
|---|---|---|---|---|
| Municipal | 99.73% | 44.39% | 100.00% | 23.39% |
| Cash & Equivalents | 0.27% | 0.00% | 33.95% | 46.96% |
| Derivative | 0.00% | 0.00% | 3.41% | 86.38% |
| Securitized | 0.00% | 0.00% | 5.93% | 94.20% |
| Corporate | 0.00% | 0.00% | 9.41% | 94.45% |
| Government | 0.00% | 0.00% | 52.02% | 94.45% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | XNUWX % Rank | |
|---|---|---|---|---|
| US | 96.52% | 37.86% | 142.23% | 78.78% |
| Non US | 2.96% | 0.00% | 62.14% | 5.96% |
XNUWX - Expenses
Operational Fees
| XNUWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.68% | 0.02% | 6.50% | 56.07% |
| Management Fee | 0.40% | 0.00% | 1.10% | 46.11% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
| XNUWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 4.75% | N/A |
| Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
| XNUWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| XNUWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 10.00% | 0.00% | 283.00% | 23.67% |
XNUWX - Distributions
Dividend Yield Analysis
| XNUWX | Category Low | Category High | XNUWX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 4.53% | 100.00% |
Dividend Distribution Analysis
| XNUWX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| XNUWX | Category Low | Category High | XNUWX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.60% | -0.53% | 5.33% | 15.32% |
Capital Gain Distribution Analysis
| XNUWX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Monthly | Monthly |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jul 01, 2019 | $0.056 | OrdinaryDividend |
| Jun 03, 2019 | $0.056 | OrdinaryDividend |
| May 01, 2019 | $0.056 | OrdinaryDividend |
| Apr 01, 2019 | $0.056 | OrdinaryDividend |
| Mar 01, 2019 | $0.056 | OrdinaryDividend |
| Feb 01, 2019 | $0.056 | OrdinaryDividend |
| Dec 31, 2018 | $0.056 | OrdinaryDividend |
| Dec 03, 2018 | $0.056 | OrdinaryDividend |
| Nov 01, 2018 | $0.056 | OrdinaryDividend |
| Oct 01, 2018 | $0.056 | OrdinaryDividend |
| Sep 04, 2018 | $0.056 | OrdinaryDividend |
| Aug 01, 2018 | $0.056 | OrdinaryDividend |
| Jul 02, 2018 | $0.056 | OrdinaryDividend |
| Jun 01, 2018 | $0.060 | OrdinaryDividend |
| May 01, 2018 | $0.060 | OrdinaryDividend |
| Apr 02, 2018 | $0.060 | OrdinaryDividend |
| Mar 01, 2018 | $0.060 | OrdinaryDividend |
| Feb 01, 2018 | $0.060 | OrdinaryDividend |
| Dec 29, 2017 | $0.060 | OrdinaryDividend |
| Dec 01, 2017 | $0.060 | OrdinaryDividend |
| Nov 01, 2017 | $0.060 | OrdinaryDividend |
| Oct 02, 2017 | $0.060 | OrdinaryDividend |
| Sep 01, 2017 | $0.060 | OrdinaryDividend |
| Aug 01, 2017 | $0.060 | OrdinaryDividend |
| Jul 03, 2017 | $0.060 | OrdinaryDividend |
| Jun 01, 2017 | $0.060 | OrdinaryDividend |
| May 01, 2017 | $0.060 | OrdinaryDividend |
| Apr 03, 2017 | $0.060 | OrdinaryDividend |
| Mar 01, 2017 | $0.060 | OrdinaryDividend |
| Feb 01, 2017 | $0.060 | OrdinaryDividend |
| Dec 30, 2016 | $0.060 | OrdinaryDividend |
| Dec 01, 2016 | $0.060 | OrdinaryDividend |
| Nov 01, 2016 | $0.060 | OrdinaryDividend |
| Oct 03, 2016 | $0.060 | OrdinaryDividend |
| Sep 01, 2016 | $0.065 | OrdinaryDividend |
| Aug 01, 2016 | $0.065 | OrdinaryDividend |
| Jul 01, 2016 | $0.065 | OrdinaryDividend |
| Jun 01, 2016 | $0.065 | OrdinaryDividend |
| May 02, 2016 | $0.065 | OrdinaryDividend |
| Apr 01, 2016 | $0.065 | OrdinaryDividend |
| Mar 01, 2016 | $0.065 | OrdinaryDividend |
| Feb 01, 2016 | $0.065 | OrdinaryDividend |
| Dec 31, 2015 | $0.065 | OrdinaryDividend |
| Dec 01, 2015 | $0.065 | OrdinaryDividend |
| Nov 02, 2015 | $0.065 | OrdinaryDividend |
| Oct 01, 2015 | $0.065 | OrdinaryDividend |
| Sep 01, 2015 | $0.065 | OrdinaryDividend |
| Aug 03, 2015 | $0.065 | OrdinaryDividend |
| Jul 01, 2015 | $0.065 | OrdinaryDividend |
| Jun 01, 2015 | $0.065 | OrdinaryDividend |
| May 01, 2015 | $0.065 | OrdinaryDividend |
| Apr 01, 2015 | $0.065 | OrdinaryDividend |
| Mar 02, 2015 | $0.065 | OrdinaryDividend |
| Feb 02, 2015 | $0.065 | OrdinaryDividend |
| Dec 31, 2014 | $0.065 | OrdinaryDividend |
| Dec 01, 2014 | $0.067 | OrdinaryDividend |
| Nov 03, 2014 | $0.067 | OrdinaryDividend |
| Oct 01, 2014 | $0.067 | OrdinaryDividend |
| Sep 02, 2014 | $0.067 | OrdinaryDividend |
| Aug 01, 2014 | $0.067 | OrdinaryDividend |
| Jul 01, 2014 | $0.067 | OrdinaryDividend |
| Jun 02, 2014 | $0.067 | OrdinaryDividend |
| May 01, 2014 | $0.067 | OrdinaryDividend |
| Apr 01, 2014 | $0.067 | OrdinaryDividend |
| Mar 03, 2014 | $0.067 | OrdinaryDividend |
| Feb 03, 2014 | $0.067 | OrdinaryDividend |
| Dec 31, 2013 | $0.067 | OrdinaryDividend |
| Dec 02, 2013 | $0.067 | OrdinaryDividend |
| Nov 01, 2013 | $0.067 | OrdinaryDividend |
| Oct 01, 2013 | $0.067 | OrdinaryDividend |
| Sep 03, 2013 | $0.067 | OrdinaryDividend |
| Aug 01, 2013 | $0.067 | OrdinaryDividend |
| Jul 01, 2013 | $0.067 | OrdinaryDividend |
| Jun 03, 2013 | $0.067 | OrdinaryDividend |
| May 01, 2013 | $0.067 | OrdinaryDividend |
| Apr 01, 2013 | $0.067 | OrdinaryDividend |
| Mar 01, 2013 | $0.067 | OrdinaryDividend |
| Feb 01, 2013 | $0.067 | OrdinaryDividend |
| Dec 31, 2012 | $0.067 | OrdinaryDividend |
| Dec 03, 2012 | $0.067 | OrdinaryDividend |
| Nov 01, 2012 | $0.067 | OrdinaryDividend |
| Oct 01, 2012 | $0.067 | OrdinaryDividend |
| Sep 04, 2012 | $0.067 | OrdinaryDividend |
| Aug 01, 2012 | $0.067 | OrdinaryDividend |
| Jul 02, 2012 | $0.067 | OrdinaryDividend |
| Jun 01, 2012 | $0.067 | OrdinaryDividend |
| May 01, 2012 | $0.067 | OrdinaryDividend |
| Apr 02, 2012 | $0.067 | OrdinaryDividend |
| Mar 01, 2012 | $0.071 | OrdinaryDividend |
| Feb 01, 2012 | $0.071 | OrdinaryDividend |
| Dec 30, 2011 | $0.071 | OrdinaryDividend |
| Dec 01, 2011 | $0.075 | OrdinaryDividend |
| Nov 01, 2011 | $0.075 | OrdinaryDividend |
| Oct 03, 2011 | $0.075 | OrdinaryDividend |
| Sep 01, 2011 | $0.075 | OrdinaryDividend |
| Aug 01, 2011 | $0.075 | OrdinaryDividend |
| Jul 01, 2011 | $0.075 | OrdinaryDividend |
| Jun 01, 2011 | $0.075 | OrdinaryDividend |
| May 02, 2011 | $0.075 | OrdinaryDividend |
| Apr 01, 2011 | $0.075 | OrdinaryDividend |
| Mar 01, 2011 | $0.075 | OrdinaryDividend |
| Feb 01, 2011 | $0.075 | OrdinaryDividend |
| Dec 01, 2010 | $0.075 | OrdinaryDividend |
| Nov 01, 2010 | $0.075 | OrdinaryDividend |
| Oct 01, 2010 | $0.075 | OrdinaryDividend |
| Sep 01, 2010 | $0.075 | OrdinaryDividend |
| Aug 02, 2010 | $0.075 | OrdinaryDividend |
| Jul 01, 2010 | $0.075 | OrdinaryDividend |
| Jun 01, 2010 | $0.075 | OrdinaryDividend |
| May 03, 2010 | $0.075 | OrdinaryDividend |
| Apr 01, 2010 | $0.075 | OrdinaryDividend |
| Mar 01, 2010 | $0.075 | OrdinaryDividend |
| Feb 01, 2010 | $0.075 | OrdinaryDividend |
| Dec 31, 2009 | $0.075 | OrdinaryDividend |
| Dec 01, 2009 | $0.075 | OrdinaryDividend |
| Nov 02, 2009 | $0.075 | OrdinaryDividend |
| Oct 01, 2009 | $0.075 | OrdinaryDividend |
| Sep 01, 2009 | $0.075 | OrdinaryDividend |
| Aug 03, 2009 | $0.075 | OrdinaryDividend |
| Jul 01, 2009 | $0.075 | OrdinaryDividend |
| Jun 01, 2009 | $0.075 | OrdinaryDividend |
| May 01, 2009 | $0.075 | OrdinaryDividend |
XNUWX - Fund Manager Analysis
Managers
Daniel Close
Start Date
Tenure
Tenure Rank
May 31, 2016
6.0
6.0%
Dan is the lead portfolio manager for the firm’s taxable municipal strategies. He manages several state-specific municipal bond strategies, including Georgia, Kentucky, Michigan, North Carolina, Ohio and Tennessee, and related institutional portfolios. Dan also serves as portfolio manager for the inflation-protected strategy and national closed-end funds. Prior to his current position, he served as a research analyst covering the corporate-backed, energy, transportation and utilities sectors. Before joining the firm in 2000, he worked as an analyst at Banc of America Securities specializing in originating and structuring asset-backed securities. Dan received a BS in business from Miami University in Ohio and an MBA at the J.L. Kellogg School of Management at Northwestern University. He also holds the Chartered Financial Analyst® designation and is a member of the CFA® Institute and the CFA Society of Chicago. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 35.05 | 7.28 | 1.58 |
