NNY Profile
Nuveen New York Municipal Value Fund, Inc., a closed-ended fixed income mutual fund, was launched by Nuveen Investments, Inc. and is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Specializing in the New York fixed income markets, the fund focuses on investing in tax exempt municipal bonds rated Baa/BBB or higher. Employing a rigorous bottom-up stock picking approach rooted in fundamental analysis, it strategically constructs its portfolio.
The fund benchmarks its performance against the Standard & Poor's New York Municipal Bond Index and the Standard & Poor's National Municipal Bond Index, aiming to optimize returns while managing risk. Nuveen New York Municipal Value Fund, Inc., established on October 7, 1987, operates within the regulatory framework of the United States, providing investors with exposure to a diversified portfolio of municipal bonds tailored to capitalize on opportunities within the New York market.
In addition to its investment strategy, the fund offers investors the benefit of Nuveen's extensive expertise and longstanding presence in the municipal bond sector. Nuveen Investments, a leader in investment management, ensures robust management and oversight, enhancing the fund's ability to navigate the complexities of municipal finance and deliver competitive returns over the long term.
With a commitment to transparency and investor confidence, Nuveen New York Municipal Value Fund, Inc. remains a stalwart choice for those seeking exposure to high-quality New York municipal bonds within a structured and professionally managed investment vehicle.
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