NNY · CIK 0000818850 · other
A closed-ended fixed income mutual fund, Nuveen New York Municipal Value Fund manages portfolios focused on tax-exempt municipal bonds issued within New York. The fund targets investment-grade securities rated Baa/BBB or higher, employing a fundamental, bottom-up analysis approach to construct its holdings. Performance is measured against the Standard & Poor's New York Municipal Bond Index and the S&P National Municipal Bond Index.
The fund operates under joint management by Nuveen Fund Advisors LLC and Nuveen Asset Management LLC, both subsidiaries of Nuveen Investments. Nuveen Investments, the parent company, is a substantial asset management firm headquartered in Chicago with broader capabilities across multiple fixed income and equity asset classes. The fund was established in October 1987 and is incorporated in Massachusetts.
As a closed-ended fund structure, the entity generates revenue through management fees charged on assets under management. The fund's primary appeal targets individual investors and institutional clients seeking tax-advantaged municipal bond exposure within the New York state market.
No 10-K filings found.