Nuveen Enhanced Municipal Value Fund (NEV) Research
The Nuveen Enhanced Municipal Value Fund is a closed-end mutual fund, specializing in fixed-income investments, that was established by Nuveen Investments, Inc. It operates under the joint management of Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund's primary investment focus is the fixed-income markets of the United States. Its strategy involves acquiring undervalued municipal bonds and related assets, specifically those that provide income exempt from standard federal income taxes. The portfolio prioritizes investment-grade securities and typically maintains an average maturity of approximately 23 years. To construct its portfolio, the fund employs a rigorous fundamental analysis, utilizing a bottom-up approach for security selection. Its performance is measured against the Standard & Poor's (S&P) National Municipal Bond Index. This fund was founded on July 27, 2009, and is legally based in the United States.
Market snapshot
- Symbol
- NEV
- Price
- $12.51
- Day change
- -1.88%
- Market cap
- $312.2M
- P/E ratio
- 7.31x
- 52-week range
- 12.47-12.65
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- Goldman Sachs MLP and Energy Renaissance Fund (GER)
- Nuveen Credit Opportunities 2022 Target Term Fund (JCO)
- Nuveen Floating Rate Income Opportunity Fund (JRO)
- Blackrock MuniYield California Fund, Inc. (MYC)
- BlackRock MuniYield New Jersey Fund, Inc. (MYJ)
- Northern High Yield Municipal Fund (NHYMX)
- Tortoise Midstream Energy Fund, Inc. (NTG)
- Pioneer High Income Fund, Inc. (PHT)
Recent insider activity
- McCann John M. — trade (0 shares) on 2022-04-14
- Medero Joanne — trade (0 shares) on 2021-06-02
- Lancellotta Amy B.R. — trade (0 shares) on 2021-06-02
- Thornton Matthew III — trade (0 shares) on 2020-11-16
- Morgan Deann — trade (0 shares) on 2020-02-27
Open Nuveen Enhanced Municipal Value Fund (NEV) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.