Nuveen Municipal Value Fund Inc: changes to investment policies

What happened

• The filing says that, effective Oct 30, 2026, the information under the heading “Investment Policies” in the Fund’s Annual Report on Form N-CSR filed Jan 7, 2026 is supplemented to include a policy adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940.
• The filing quotes the new policy: “Under normal circumstances, the Fund will invest at least 80% of its Assets in municipal bonds that enhance portfolio value by delivering income to the Fund.”
• The filing also says that, effective Oct 30, 2026, the section “Investment Policies—Approving Changes in Investment Policies” is amended and restated to describe when the Board may change policies and the approval or notice required for changes to the 80% policies.

Key details

• Effective date: Oct 30, 2026.
• Reference annual report: Form N-CSR filed Jan 7, 2026.
• 80%: the Fund will invest at least 80% of its Assets in municipal bonds that deliver income.
• Change requirements: the Fund’s 80% policy adopted under Rule 35d-1 may not be changed without 60 days’ prior written notice to shareholders; the Fund’s policy to invest at least 80% of its Assets in municipal securities the income from which is exempt from regular federal income taxes may not be changed without (a) approval of holders of a majority of the outstanding common stock and preferred shares voting together as a single class and (b) approval of holders of a majority of the outstanding preferred shares voting separately as a single class.
• Definition of “majority of the outstanding”: (i) 67% or more of the shares present at a meeting, if holders of more than 50% of the shares are present or represented by proxy, or (ii) more than 50% of the shares, whichever is less.

Why it may matter

• Item reported: Item 8.01 (Other Events). The item covers amendments to the Fund’s stated investment policies, including an 80% investment policy adopted under Rule 35d-1 and the approval/notice requirements to change those policies.
• The filing does not show why the company acted or why any insider traded.