Nuveen Enhanced Municipal Value Fund (NYSE:NEV)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.80 and traded as high as $14.46. Nuveen Enhanced Municipal Value Fund shares last traded at $14.30, with a volume of 2,812 shares.
The firm has a 50-day moving average of $14.80 and a 200 day moving average of $14.25.
The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be given a $0.056 dividend. This represents a $0.67 annualized dividend and a yield of 4.70%. The ex-dividend date is Thursday, September 12th.
About Nuveen Enhanced Municipal Value Fund (NYSE:NEV)
Nuveen Enhanced Municipal Value Fund 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 the United States. The fund invests in undervalued municipal securities and other related investments the income from which is exempt from regular federal income taxes.
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