This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Nuveen Municipal Value Fund 2 Announces Updated Fund Name And Investment Policies

Nuveen Investments, a leading global provider of investment services to institutions, as well as individual investors, today announced that the Board of Trustees of the Nuveen Municipal Value Fund 2 (NYSE: NUW) approved changing the fund’s name to Nuveen AMT-Free Municipal Value Fund, effective October 15, 2012, to better reflect the fund’s existing practice of not investing in municipal securities that pay interest taxable under the federal alternative minimum tax applicable to individuals (AMT Bonds). In connection with the change in the fund’s name, the Board also approved a change to the fund’s investment policy relating to investments subject to AMT to align them with those of Nuveen’s other AMT-free closed-end funds. For specific details of the changes, please see NUW Questions & Answers.

NUW’s investment objective of offering current income exempt from regular federal income taxes, and its secondary objective of offering attractive total return will remain unchanged, and the fund’s ticker symbol of NUW will also remain unchanged. For more details on NUW and AMT-Free investing with Nuveen closed-end funds can be found in the AMT-Free Resource Center.

Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutional and individual investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates—Nuveen Asset Management, Symphony Asset Management, NWQ Investment Management Company, Santa Barbara Asset Management, Tradewinds Global Investors, Winslow Capital Management, and Gresham Investment Management. In total, Nuveen Investments managed approximately $212 billion as of June 30, 2012. For more information, please visit the Nuveen Investments website at www.nuveen.com.

Copyright Business Wire 2010

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,548.12 -135.46 -0.77%
S&P 500 2,056.20 -12.56 -0.61%
NASDAQ 4,931.92 -60.02 -1.20%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs