Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Nuveen AMT-Free Municipal Value Fund
mutual fund
XNUWX
Payout Change
Suspended
Price as of:
$15.23
-0.1
-0.65%
primary theme
Municipal Bond
share class
XNUWX (Mutual Fund)
Nuveen AMT-Free Municipal Value Fund
Payout Change
Suspended
Price as of:
$15.23
-0.1
-0.65%
primary theme
Municipal Bond
share class
XNUWX (Mutual Fund)
Nuveen AMT-Free Municipal Value Fund
Payout Change
Suspended
Price as of:
$15.23
-0.1
-0.65%
primary theme
Municipal Bond
share class
Name
As of 12/13/2024Price
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
-1.5%
1 yr return
-0.7%
3 Yr Avg Return
-4.1%
5 Yr Avg Return
-2.1%
Net Assets
$278 M
Holdings in Top 10
24.0%
52 WEEK LOW AND HIGH
$15.3
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 12/13/2024Price
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 -1.5%
- 3 Yr Annualized Total Return -4.1%
- 5 Yr Annualized Total Return -2.1%
- 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 ClassOther
-
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 | -1.5% | -4.5% | 38.3% | 96.17% |
| 1 Yr | -0.7% | -2.5% | 44.5% | 97.18% |
| 3 Yr | -4.1%* | -10.2% | 5.8% | 95.56% |
| 5 Yr | -2.1%* | -6.5% | 1104.9% | 95.23% |
| 10 Yr | 0.9%* | -0.9% | 249.0% | 83.46% |
* Annualized
Return Ranking - Calendar
| Period | XNUWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.2% | -1.4% | 41.0% | 9.02% |
| 2022 | -14.3% | -39.7% | 0.3% | 83.82% |
| 2021 | -0.3% | -5.6% | 6.9% | 41.79% |
| 2020 | 2.5% | -2.6% | 310.0% | 17.30% |
| 2019 | 5.5% | 0.0% | 26.0% | 9.00% |
Total Return Ranking - Trailing
| Period | XNUWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.5% | -4.5% | 38.3% | 96.17% |
| 1 Yr | -0.7% | -2.5% | 44.5% | 97.18% |
| 3 Yr | -4.1%* | -10.2% | 5.8% | 95.56% |
| 5 Yr | -2.1%* | -6.5% | 1104.9% | 95.23% |
| 10 Yr | 0.9%* | -0.9% | 249.0% | 83.46% |
* Annualized
Total Return Ranking - Calendar
| Period | XNUWX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.2% | -1.3% | 41.0% | 81.55% |
| 2022 | -14.3% | -39.7% | 1.1% | 93.72% |
| 2021 | -0.3% | -4.8% | 23761504.0% | 92.71% |
| 2020 | 2.5% | -1.5% | 17057.9% | 84.73% |
| 2019 | 7.7% | 0.2% | 3514.6% | 18.21% |
NAV & Total Return History
XNUWX - Holdings
Concentration Analysis
| XNUWX | Category Low | Category High | XNUWX % Rank | |
|---|---|---|---|---|
| Net Assets | 278 M | 3.22 M | 71.9 B | 63.04% |
| Number of Holdings | 386 | 4 | 13418 | 32.24% |
| Net Assets in Top 10 | 70.4 M | -317 M | 3.09 B | 56.35% |
| Weighting of Top 10 | 24.00% | 1.8% | 100.3% | 25.67% |
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% | 0.00% | 150.86% | 33.56% |
| Cash | 0.27% | -50.86% | 44.62% | 75.02% |
| Stocks | 0.25% | 0.00% | 99.78% | 6.04% |
| Preferred Stocks | 0.00% | 0.00% | 0.07% | 85.43% |
| Other | 0.00% | -3.69% | 53.54% | 80.59% |
| Convertible Bonds | 0.00% | 0.00% | 0.93% | 85.57% |
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% | 0.00% | 99.78% | 6.04% |
| Non US | 0.00% | 0.00% | 10.22% | 85.43% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | XNUWX % Rank | |
|---|---|---|---|---|
| Municipal | 99.73% | 44.39% | 100.00% | 23.20% |
| Cash & Equivalents | 0.27% | 0.00% | 44.41% | 47.15% |
| Derivative | 0.00% | -3.69% | 53.54% | 80.39% |
| Securitized | 0.00% | 0.00% | 5.93% | 85.30% |
| Corporate | 0.00% | 0.00% | 9.41% | 86.72% |
| Government | 0.00% | 0.00% | 52.02% | 86.31% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | XNUWX % Rank | |
|---|---|---|---|---|
| US | 96.52% | 0.00% | 142.23% | 81.46% |
| Non US | 2.96% | 0.00% | 23.89% | 3.63% |
XNUWX - Expenses
Operational Fees
| XNUWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.68% | 0.01% | 8.02% | 57.39% |
| Management Fee | 0.40% | 0.00% | 1.20% | 44.09% |
| 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 | 0.50% | 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% | 22.62% |
XNUWX - Distributions
Dividend Yield Analysis
| XNUWX | Category Low | Category High | XNUWX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 14.51% | 98.32% |
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% | 15.36% |
Capital Gain Distribution Analysis
| XNUWX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 13, 2019 | $0.056 | OrdinaryDividend |
| May 14, 2019 | $0.056 | OrdinaryDividend |
| Apr 12, 2019 | $0.056 | OrdinaryDividend |
| Mar 14, 2019 | $0.056 | OrdinaryDividend |
| Feb 14, 2019 | $0.056 | OrdinaryDividend |
| Jan 14, 2019 | $0.056 | OrdinaryDividend |
| Dec 13, 2018 | $0.097 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.056 | OrdinaryDividend |
| Nov 14, 2018 | $0.056 | OrdinaryDividend |
| Oct 12, 2018 | $0.056 | OrdinaryDividend |
| Sep 13, 2018 | $0.056 | OrdinaryDividend |
| Aug 14, 2018 | $0.056 | OrdinaryDividend |
| Jul 12, 2018 | $0.056 | OrdinaryDividend |
| Jun 14, 2018 | $0.056 | OrdinaryDividend |
| May 14, 2018 | $0.060 | OrdinaryDividend |
| Apr 12, 2018 | $0.060 | OrdinaryDividend |
| Mar 14, 2018 | $0.060 | OrdinaryDividend |
| Feb 14, 2018 | $0.060 | OrdinaryDividend |
| Jan 11, 2018 | $0.060 | OrdinaryDividend |
| Dec 14, 2017 | $0.019 | ExtraDividend |
| Dec 14, 2017 | $0.182 | CapitalGainLongTerm |
| Dec 14, 2017 | $0.060 | OrdinaryDividend |
| Nov 14, 2017 | $0.060 | OrdinaryDividend |
| Oct 12, 2017 | $0.060 | OrdinaryDividend |
| Sep 14, 2017 | $0.060 | OrdinaryDividend |
| Aug 11, 2017 | $0.060 | OrdinaryDividend |
| Jul 12, 2017 | $0.060 | OrdinaryDividend |
| Jun 13, 2017 | $0.060 | OrdinaryDividend |
| May 11, 2017 | $0.060 | OrdinaryDividend |
| Apr 11, 2017 | $0.060 | OrdinaryDividend |
| Mar 13, 2017 | $0.060 | OrdinaryDividend |
| Feb 13, 2017 | $0.060 | OrdinaryDividend |
| Jan 11, 2017 | $0.060 | OrdinaryDividend |
| Dec 13, 2016 | $0.007 | ExtraDividend |
| Dec 13, 2016 | $0.060 | OrdinaryDividend |
| Nov 10, 2016 | $0.060 | OrdinaryDividend |
| Oct 12, 2016 | $0.060 | OrdinaryDividend |
| Sep 13, 2016 | $0.060 | OrdinaryDividend |
| Aug 11, 2016 | $0.065 | OrdinaryDividend |
| Jul 13, 2016 | $0.065 | OrdinaryDividend |
| Jun 13, 2016 | $0.065 | OrdinaryDividend |
| May 11, 2016 | $0.065 | OrdinaryDividend |
| Apr 13, 2016 | $0.065 | OrdinaryDividend |
| Mar 11, 2016 | $0.065 | OrdinaryDividend |
| Feb 10, 2016 | $0.065 | OrdinaryDividend |
| Jan 13, 2016 | $0.065 | OrdinaryDividend |
| Dec 11, 2015 | $0.015 | ExtraDividend |
| Dec 11, 2015 | $0.065 | OrdinaryDividend |
| Nov 10, 2015 | $0.065 | OrdinaryDividend |
| Oct 13, 2015 | $0.065 | OrdinaryDividend |
| Sep 11, 2015 | $0.065 | OrdinaryDividend |
| Aug 12, 2015 | $0.065 | OrdinaryDividend |
| Jul 13, 2015 | $0.065 | OrdinaryDividend |
| Jun 11, 2015 | $0.065 | OrdinaryDividend |
| May 13, 2015 | $0.065 | OrdinaryDividend |
| Apr 13, 2015 | $0.065 | OrdinaryDividend |
| Mar 11, 2015 | $0.065 | OrdinaryDividend |
| Feb 11, 2015 | $0.065 | OrdinaryDividend |
| Jan 13, 2015 | $0.065 | OrdinaryDividend |
| Dec 11, 2014 | $0.005 | ExtraDividend |
| Dec 11, 2014 | $0.065 | OrdinaryDividend |
| Nov 12, 2014 | $0.067 | OrdinaryDividend |
| Oct 10, 2014 | $0.067 | OrdinaryDividend |
| Sep 11, 2014 | $0.067 | OrdinaryDividend |
| Aug 13, 2014 | $0.067 | OrdinaryDividend |
| Jul 11, 2014 | $0.067 | OrdinaryDividend |
| Jun 11, 2014 | $0.067 | OrdinaryDividend |
| May 13, 2014 | $0.067 | OrdinaryDividend |
| Apr 11, 2014 | $0.067 | OrdinaryDividend |
| Mar 12, 2014 | $0.067 | OrdinaryDividend |
| Feb 12, 2014 | $0.067 | OrdinaryDividend |
| Jan 13, 2014 | $0.067 | OrdinaryDividend |
| Dec 11, 2013 | $0.003 | ExtraDividend |
| Dec 11, 2013 | $0.089 | CapitalGainLongTerm |
| Dec 11, 2013 | $0.067 | OrdinaryDividend |
| Nov 13, 2013 | $0.067 | OrdinaryDividend |
| Oct 10, 2013 | $0.067 | OrdinaryDividend |
| Sep 11, 2013 | $0.067 | OrdinaryDividend |
| Aug 13, 2013 | $0.067 | OrdinaryDividend |
| Jul 11, 2013 | $0.067 | OrdinaryDividend |
| Jun 12, 2013 | $0.067 | OrdinaryDividend |
| May 13, 2013 | $0.067 | OrdinaryDividend |
| Apr 11, 2013 | $0.067 | OrdinaryDividend |
| Mar 13, 2013 | $0.067 | OrdinaryDividend |
| Feb 13, 2013 | $0.067 | OrdinaryDividend |
| Jan 11, 2013 | $0.067 | OrdinaryDividend |
| Dec 12, 2012 | $0.009 | CapitalGainLongTerm |
| Dec 12, 2012 | $0.067 | OrdinaryDividend |
| Nov 13, 2012 | $0.067 | OrdinaryDividend |
| Oct 11, 2012 | $0.067 | OrdinaryDividend |
| Sep 12, 2012 | $0.067 | OrdinaryDividend |
| Aug 13, 2012 | $0.067 | OrdinaryDividend |
| Jul 11, 2012 | $0.067 | OrdinaryDividend |
| Jun 13, 2012 | $0.067 | OrdinaryDividend |
| May 11, 2012 | $0.067 | OrdinaryDividend |
| Apr 11, 2012 | $0.067 | OrdinaryDividend |
| Mar 13, 2012 | $0.067 | OrdinaryDividend |
| Feb 13, 2012 | $0.071 | OrdinaryDividend |
| Jan 11, 2012 | $0.071 | OrdinaryDividend |
| Dec 13, 2011 | $0.071 | OrdinaryDividend |
| Nov 10, 2011 | $0.075 | OrdinaryDividend |
| Oct 12, 2011 | $0.075 | OrdinaryDividend |
| Sep 13, 2011 | $0.075 | OrdinaryDividend |
| Aug 11, 2011 | $0.075 | OrdinaryDividend |
| Jul 13, 2011 | $0.075 | OrdinaryDividend |
| Jun 13, 2011 | $0.075 | OrdinaryDividend |
| May 11, 2011 | $0.075 | OrdinaryDividend |
| Apr 13, 2011 | $0.075 | OrdinaryDividend |
| Mar 11, 2011 | $0.075 | OrdinaryDividend |
| Feb 11, 2011 | $0.075 | OrdinaryDividend |
| Jan 12, 2011 | $0.075 | OrdinaryDividend |
| Dec 13, 2010 | $0.003 | CapitalGainShortTerm |
| Dec 13, 2010 | $0.019 | CapitalGainLongTerm |
| Dec 13, 2010 | $0.075 | OrdinaryDividend |
| Nov 10, 2010 | $0.075 | OrdinaryDividend |
| Oct 13, 2010 | $0.075 | OrdinaryDividend |
| Sep 13, 2010 | $0.075 | OrdinaryDividend |
| Aug 11, 2010 | $0.075 | OrdinaryDividend |
| Jul 13, 2010 | $0.075 | OrdinaryDividend |
| Jun 11, 2010 | $0.075 | OrdinaryDividend |
| May 12, 2010 | $0.075 | OrdinaryDividend |
| Apr 13, 2010 | $0.075 | OrdinaryDividend |
| Mar 11, 2010 | $0.075 | OrdinaryDividend |
| Feb 10, 2010 | $0.075 | OrdinaryDividend |
| Jan 13, 2010 | $0.075 | OrdinaryDividend |
| Dec 11, 2009 | $0.075 | OrdinaryDividend |
| Dec 11, 2009 | $0.010 | CapitalGainShortTerm |
| Nov 10, 2009 | $0.075 | OrdinaryDividend |
| Oct 13, 2009 | $0.075 | OrdinaryDividend |
| Sep 11, 2009 | $0.075 | OrdinaryDividend |
| Aug 12, 2009 | $0.075 | OrdinaryDividend |
| Jul 13, 2009 | $0.075 | OrdinaryDividend |
| Jun 11, 2009 | $0.075 | OrdinaryDividend |
| May 13, 2009 | $0.075 | OrdinaryDividend |
| Apr 13, 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 | 7.36 | 1.58 |
