Nuveen Municipal Value Fund sets 80% bond policy

The new municipal-bond policy requires 60 days’ prior written notice for a change; the tax-exempt securities policy requires separate class approvals.

Rhea-AI Filing Summary

Nuveen Municipal Value Fund, Inc. (NUV) will add, effective October 30, 2026, a policy to invest at least 80% of its Assets in municipal bonds that enhance portfolio value by delivering income to the Fund.

The board may change the policies without a shareholder vote, but changing the new policy requires 60 days’ prior written notice to shareholders. The separate policy to invest at least 80% of Assets in municipal securities whose income is exempt from regular federal income taxes requires approval by a majority of common and preferred shares voting together and a majority of preferred shares voting separately. A majority means 67% or more of shares present when holders of more than 50% are present or represented by proxy, or more than 50% of the shares, whichever is less.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Key Figures

Minimum investment in income-delivering municipal bonds: At least 80% of Assets Prior written notice: 60 days Shares present approval threshold: 67% or more +1 more

4 metrics

Minimum investment in income-delivering municipal bonds At least 80% of Assets Policy effective October 30, 2026

Prior written notice 60 days Required before changing the policy for income-delivering municipal bonds

Shares present approval threshold 67% or more Applies when holders of more than 50% of shares are present or represented by proxy

Outstanding shares approval threshold More than 50% Alternative threshold in the definition of a majority of outstanding shares

Key Terms

Rule 35d-1, majority of the outstanding, voting together as a single class, regular federal income taxes

4 terms

Rule 35d-1 regulatory

"adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940"

majority of the outstanding regulatory

"A “majority of the outstanding” shares means"

voting together as a single class regulatory

"common stock and preferred shares voting together as a single class"

regular federal income taxes financial

"income from which is exempt from regular federal income taxes"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is NUV’s new 80% investment policy?

Effective October 30, 2026, the policy provides that the Fund will invest at least 80% of its Assets in municipal bonds that enhance portfolio value by delivering income to the Fund.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Understanding 8-K Material Events →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/08/2026 - 04:57 PM EDT Accepted by SEC EDGAR 10/08/2026 - 04:56 PM EDT Learn about SEC filing dates

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): October 8, 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.

Changes to Investment Policies

Effective October 30, 2026, the information appearing under the heading “Investment Policies” in the “Shareholder Update – Current Investment Objectives, Investment Policies and Principal Risks of the Funds” section of the Nuveen Municipal Value Fund, Inc.’s Annual Report on Form N-CSR filed with the U.S. Securities and Exchange Commission on January 7, 2026 (the “Fund’s Current Annual Report”) is hereby supplemented to include reference to the following investment policy, which was adopted pursuant to Rule 35d-1 under the Investment Company Act of 1940:

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.

Further, effective October 30, 2026, the information appearing under the heading “Investment Policies— Approving Changes in Investment Policies” in the “Shareholder Update— Current Investment Objectives, Investment Policies and Principal Risks of the Funds” section of the Fund’s Current Annual Report is hereby amended and restated as follows:

The Board of Trustees of the Fund may change the policies described above without a shareholder vote. In accordance with Rule 35d-1 under the Investment Company Act of 1940 (the “1940 Act”), the Fund’s policy to invest at least 80% of its Assets in municipal bonds that enhance portfolio value by delivering income to the Fund may not be changed without 60 days’ prior written notice to shareholders. However, with respect to the Fund’s policy of investing at least 80% of its Assets in municipal securities, the income from which is exempt from regular federal income taxes, such policy may not be changed without the approval of the holders of a majority of the outstanding common stock and preferred shares voting together as a single class, and the approval of the holders of a majority of the outstanding preferred shares, voting separately as a single class. A “majority of the outstanding” shares means (i) 67% or more of the shares present at a meeting, if the 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.

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: October 8, 2026		By:		/s/ Mark L. Winget
				Mark L. Winget
				Vice President and Secretary