NUW - Nuveen AMT-Free Municipal Value Fund
A closed-end fund run by Nuveen. Invests in tax-free municipal bonds. Listed on the New York Stock Exchange.
Is anyone targeting this fund?
Not right now - 1607 Capital was in this fund until Aug 14, 2026 and has since sold down.
Is the fund doing anything you need to act on?
Nothing right now.
What this means for you
1607 Capital owned more than 5% of this fund and has since sold down below that level, so it no longer has to report its holding.
Nothing is required of you. If a large investor buys in again, the notice appears here the day it is filed.
What happened, and when
-
Aug 14, 2026
1607 Capital sold down below 5% and stopped reporting.
Original document → -
Feb 13, 2025
1607 Capital raised its stake to 7% (from 5.5%), as a passive investor.
Original document → -
Nov 14, 2024
1607 Capital cut its stake to 5.5% (from 8.5%), as a passive investor.
Original document → -
Oct 7, 2024
Karpus sold down below 5% and stopped reporting.
Original document → -
Feb 13, 2024
Karpus now owns 6%, as a passive investor.
Original document →
Show all 6 events
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Feb 8, 2024
1607 Capital now owns 8.5%, as a passive investor.
Original document →
About this fund
- Run by Nuveen Fund Advisors, LLC. Part of the Nuveen fund family. As of Oct 31, 2025, from the fund's yearly report. Original document →
- Size: about $269 million of holdings, as of April 30, 2026. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund borrows about 8% on top of its own money, as of April 30, 2026. Borrowed money makes gains and losses bigger. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- Costs: 0.5% a year in management fees; 0.7% a year in total, including interest on borrowed money. Fiscal year ended Oct 31, 2025. As of Oct 31, 2025, from the fund's yearly report. Original document →
- Payouts: last fiscal year (ended Oct 31, 2025) the fund paid $0.58 a share, all of it income. As of Oct 31, 2025, from the fund's annual report. Original document →
- Value of holdings per share at the last fiscal year end (Oct 31, 2025): $15.12. The shares traded at $14.38, about 4.9% below that. As of Oct 31, 2025, from the fund's yearly report. Original document →
- How the holdings did: up 0.3% over the last three months we have (Feb-April 2026), before the share price is taken into account. Over the last 12 months: +6.2%. As of April 30, 2026, from the fund's quarterly holdings report. Original document →
- How the holdings did over the fiscal year (ended Oct 31, 2025): the value of the holdings returned +3.4%. How the share price did: the shares returned +8% over the same year, counting payouts and the change in the market price. As of Oct 31, 2025, from the fund's annual report. Original document →
- First reported to the regulator in 2008.
+9%-1%
May 2024April 2026
What the fund holds
Almost all tax-free municipal bonds (100%). About 100% issued in the U.S.
- Palomar Pomerado Health, California, General Obligation Bonds - 4.2%
- San Ysidro School District, San Diego County, California, General Obligation Bonds, 1997 Election - 3.4%
- Illinois Finance Authority, Revenue Bonds, University of Chicago - 2.9%
- Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project - 2.7%
- Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2 - 2.6%
- Houston, Texas, Hotel Occupancy Tax and Special Revenue Bonds, Convention and Entertainment Project - 2.3%
- Colorado State Board of Governors, Colorado State University Auxiliary Enterprise System Revenue Bonds, Refunding - 2.1%
- Spring Independent School District, Hardin County, Texas, General Obligation Bonds, School Building and Refunding - 2%
- Massachusetts State, General Obligation Bonds, Consolidated - 1.9%
- Los Angeles Department of Water and Power, California, Power System Revenue Bonds - 3.7%
Show all 24
- Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, MedStar Health Issue - 1.9%
- Piedmont Municipal Power Agency, South Carolina, Electric Revenue Bonds, Series 2004A-2 - 1.9%
- E-470 Public Highway Authority, Colorado, Toll Revenue Bonds - 1.7%
- Kentucky Economic Development Finance Authority, Revenue Bonds, Next Generation Kentucky Information Highway Project, Senior - 1.5%
- Metropolitan Wastewater Reclamation District, Colorado, Sewer Revenue Bonds, Improvement - 1.4%
- Kentucky Economic Development Finance Authority, Revenue Bonds, CommonSpirit Health, Series 2019A-1 - 1.4%
- Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding - 1.4%
- Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1 - 1.4%
- Las Vegas Convention and Visitors Authority, Nevada, Revenue Bonds - 1.3%
- Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds - 1.3%
- Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding - 1.3%
- New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Capital Appreciation - 1.3%
- Central Ohio Transit Authority, Ohio, General Obligation Bonds, Capital Facilities Limited Tax - 1.2%
- Chelan County Public Utility District 1, Washington, Columbia River-Rock Island Hydro-Electric System Revenue Refunding Bonds - 1.1%
As of April 30, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
| Date | Investor | Stake | Type of notice |
|---|---|---|---|
| Aug 14, 2026 | 1607 Capital | 4.5% | Sold down below 5% |
| Feb 13, 2025 | 1607 Capital | 7% | Updated notice |
| Nov 14, 2024 | 1607 Capital | 5.5% | Updated notice |
| Oct 7, 2024 | Karpus | 4.9% | Sold down below 5% |
| Feb 13, 2024 | Karpus | 6% | Updated notice |
| Feb 8, 2024 | 1607 Capital | 8.5% | Updated notice |
No announcements from the fund on file.
- Run by
- Nuveen Fund Advisors, LLC
- Fund family
- Nuveen Funds
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-22253
- Auditor
- PricewaterhouseCoopers LLP
- Fiscal year end
- Oct 31, 2025
- Number of holdings
- 224
- Preferred share classes
- none
Email me when something new is filed for NUW
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