Nuveen New York Municipal Value Fund (NNY) Stock

About Nuveen New York Municipal Value Fund

The Nuveen New York Municipal Value Fund, Inc. is a closed-end investment vehicle, originally established by Nuveen Investments, Inc., with a focus on fixed income. Management responsibilities are jointly handled by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It strategically allocates capital within New York's fixed income markets. Its portfolio primarily consists of tax-exempt municipal bonds, mandated to possess a credit rating of Baa/BBB or superior. Portfolio construction relies on fundamental analysis, utilizing a bottom-up selection approach to identify suitable bond investments. The fund measures its portfolio's performance against two key benchmarks: the Standard & Poor's New York Municipal Bond Index and the Standard & Poor's National Municipal Bond Index. Established on October 7, 1987, the fund is domiciled within the United States.

Nuveen New York Municipal Value Fund is headquartered in US.

Nuveen New York Municipal Value Fund (NNY) stock trades at $8.26 with a market capitalization of $156.00M. The stock is valued at a price-to-earnings (P/E) ratio of -48.59, price-to-book of 0.97, price-to-sales of 20.82. Over the past 52 weeks the stock has ranged between $8.00 and $8.94, and currently trades 7.6% below its 52-week high. It pays a dividend yielding 4.24%.

On profitability, Nuveen New York Municipal Value Fund generates a return on equity (ROE) of -2.02%, return on capital employed of -2.00%, an operating margin of -43.31%, a net profit margin of -43.54%.

Official website: www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NNY