Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the 25-year anniversary of the Nuveen Municipal Value Fund, Inc. (NYSE: NUV). Led since inception by portfolio manager, Tom Spalding, the fund was introduced on June 17, 1987, and is Nuveen’s oldest closed-end fund. “We believe NUV is really a poster child for what a closed-end fund should be, in that CEFs are designed for income,” said Bill Adams, Executive Vice President of Nuveen Investments. “There is an increasing demand for tax-free income in the marketplace, especially as the Baby Boomer generation is now entering retirement en masse. Investors are looking for funds that generate a reliable dividend over time, and NUV has demonstrated its ability to provide that over a very long period of time,” he said. Led by Spalding and supported by a deep team of research analysts and traders, the Nuveen Municipal Value Fund, Inc. has provided a measure of stability and financial confidence throughout various market cycles. Throughout its 25 year history, NUV’s net asset value has fluctuated within a total range of $2.49, with investors enjoying a solid history of regular, monthly tax-exempt distributions.* “Unlike the tremendous changes we have experienced in other areas of our lives since 1987, NUV has historically stayed the course, and is really designed for the long-term investor,” said Spalding. “The asset values have held up very well in the marketplace, so I think it’s a testimony that the product has done its job to provide investors with stable tax-free income, month after month and year after year,” he said. About Closed-End Funds Nuveen offers more than 125 closed-end funds all designed to offer a common goal: to deliver income and long term returns. Nuveen actively manages closed-end funds to seek optimal investment performance and generate distributions through the use of multiple investment strategies and a variety of asset classes. Nuveen does so by offering clients access to specialized investment expertise from leading independent and affiliated asset management firms. Our multi-boutique structure grants our clients access to world-class, institutional-caliber investment teams across multiple investment categories. Each reflects Nuveen’s legacy of quality investment service, unwavering ethical standards and a long-term perspective. Investors may learn more about NUV and other closed-end funds at http://www.nuveen.com/CEF/ and are encouraged to consult their financial advisor before making any investment decisions. * As of March 31, 2012. Shares of closed-end fund companies like NUV have during some periods traded at prices higher than net asset value and have during other periods traded at prices lower than net asset value. The fund cannot predict whether the common shares will trade at above or below net asset value. Past performance is no guarantee of future results. Income may be subject to state and local taxes and the alternative minimum tax. Capital gains, if any, will be subject to capital gains tax.