NVG · CIK 0001090116 · other
NVG is a closed-end municipal bond fund managed by Nuveen Investments, a subsidiary of TIAA. The fund invests primarily in investment-grade municipal securities exempt from regular federal income taxation, targeting bonds rated Baa/BBB or better by major rating agencies. The portfolio focuses on undervalued municipal debt with an average maturity of approximately 17 years, constructed through fundamental analysis and bottom-up security selection. The fund benchmarks its performance against the S&P Insured Municipal Bond Index.
The fund generates revenue through management fees charged to shareholders and distributes income derived from municipal bond coupon payments and capital gains. Its portfolio comprises U.S. municipal securities across various state and local issuers. The fund was established in July 1999 and is incorporated in Massachusetts but operates as a publicly traded closed-end investment vehicle listed on the New York Stock Exchange.
Nuveen Investments, the sponsoring asset manager, is headquartered in Chicago and operates as part of TIAA's broader investment management platform. The parent company manages assets across multiple fund families and investment strategies serving institutional and individual investors.
No 10-K filings found.