New portfolio manager joins Nuveen Municipal Value Fund (NUV) without policy changes

Rhea-AI Filing Summary

Nuveen Municipal Value Fund, Inc. announced a portfolio management change. Effective February 27, 2026, Margot Kleinman has been named a portfolio manager of the fund, joining existing portfolio managers Daniel Close and Kristen DeJong.

The fund states there will be no changes to its investment objective or investment policies in connection with her addition. The filing also highlights Kleinman’s senior role as Head of Research for Nuveen’s municipal fixed income team and her industry recognition and professional affiliations.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 27, 2026

Nuveen Municipal Value Fund, Inc.

(Exact name of registrant as specified in its charter)

Minnesota		811-05120		36-3513525
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)
333 West Wacker Drive Chicago, Illinois				60606
(Address of principal executive offices)				(Zip Code)

Registrant’s telephone number, including area code: (800) 257-8787

(Former name or former address, if changed since last report): N/A

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock		NUV		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events.

Margot Kleinman has been named a portfolio manager of the Fund, effective February 27, 2026. Daniel Close and Kristen DeJong will continue to serve as portfolio managers of the Fund. Ms. Kleinman’s biography is presented below.

Margot Kleinman, is Head of Research for the municipal fixed income team at Nuveen. She leads the firm's specialized municipal credit research team, which is among the largest and most experienced in the asset class. She is a thought leader across the platform and co-authors the “Munis in Your Community” series that explores the connection between effective municipal bond investing and Americans’ lived experience. Ms. Kleinman’s group was named the No. 1 team at the 2024 Smith's All-Star Municipal Analysts Awards. Ms. Kleinman is a member of the National Federation of Municipal Analysts and the Chicago Municipal Analysts Society. She is also a sponsor of the Women in Nuveen Program. Prior to joining the firm, she was a municipal credit analyst on the higher education and not for profit ratings team at Moody’s Investors Service. Ms. Kleinman graduated with a B.A. from the University of Pennsylvania and a M.P.A. from New York University.

There will be no changes to the Fund’s investment objective or investment policies in connection with Ms. Kleinman’s addition.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		Nuveen Municipal Value Fund, Inc.
Date: February 27, 2026		By:		/s/ Mark L. Winget
				Mark L. Winget
				Vice President and Secretary

FAQ

What did Nuveen Municipal Value Fund (NUV) announce in this Form 8-K?

Nuveen Municipal Value Fund announced that Margot Kleinman has been named a portfolio manager of the fund, effective February 27, 2026. She joins existing portfolio managers Daniel Close and Kristen DeJong, with no changes to the fund’s investment objective or investment policies.

Who is the new portfolio manager named for Nuveen Municipal Value Fund (NUV)?

The fund named Margot Kleinman as a portfolio manager, effective February 27, 2026. She serves as Head of Research for Nuveen’s municipal fixed income team and leads a large specialized municipal credit research group recognized with a 2024 Smith’s All-Star Municipal Analysts award.

Will NUV’s investment objective or policies change with Margot Kleinman’s appointment?

The filing explicitly states there will be no changes to Nuveen Municipal Value Fund’s investment objective or investment policies in connection with Margot Kleinman’s addition as a portfolio manager. The announcement is limited to a management team change rather than a strategy shift.

What is Margot Kleinman’s background relevant to managing Nuveen Municipal Value Fund (NUV)?

Margot Kleinman is Head of Research for Nuveen’s municipal fixed income team and leads its specialized municipal credit research group. She previously worked as a municipal credit analyst at Moody’s Investors Service and holds degrees from the University of Pennsylvania and New York University.

Who are the continuing portfolio managers of Nuveen Municipal Value Fund (NUV)?

The filing confirms that Daniel Close and Kristen DeJong will continue to serve as portfolio managers of Nuveen Municipal Value Fund. They will now be joined by Margot Kleinman, expanding the portfolio management team without altering the fund’s stated investment objective or policies.

What exchange does Nuveen Municipal Value Fund (NUV) trade on and under what symbol?

Nuveen Municipal Value Fund’s common stock is listed on the New York Stock Exchange under the trading symbol NUV. This listing information is included with the fund’s description of its portfolio management update and other basic registrant details in the filing.