NUV (Nuveen Municipal Value Fund) Shares Outstanding (Basic Average): 210.62 Mil (As of Oct. 2025)


NUV Nuveen Municipal Value Fund Inc NUV
57 GF Score
Price $9.16
GF Value $10.14
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Nuveen Municipal Value Fund Shares Outstanding (Basic Average)?

Nuveen Municipal Value Fund NUV +0.11% 57 Shares Outstanding (Basic Average) is 210.62 Mil as of Oct. 2025. GuruFocus rates NUV with a GF Score™ of 57/100 and a GF Value™ of $10.14 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Nuveen Municipal Value Fund's average basic shares outstanding for the quarter that ended in Oct. 2025 was 210.62 Mil.


Nuveen Municipal Value Fund  (NYSE:NUV) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Nuveen Municipal Value Fund Shares Outstanding (Basic Average) Related Terms


Nuveen Municipal Value Fund Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Nuveen Municipal Value Fund's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nuveen Municipal Value Fund Shares Outstanding (Basic Average) Chart

Nuveen Municipal Value Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only 204.02 208.17 211.30 207.12 206.07

Nuveen Municipal Value Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 215.44 207.50 206.74 201.53 210.62
NUV
57GF Score
Nuveen Municipal Value Fund Inc NUV
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Nuveen Municipal Value Fund Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 210.62 Mil mean?
Nuveen Municipal Value Fund (NUV) has a Shares Outstanding (Basic Average) of 210.62 Mil as of Oct. 2025. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Nuveen Municipal Value Fund and its competitors.
Is Nuveen Municipal Value Fund's Shares Outstanding (Basic Average) too high?
Nuveen Municipal Value Fund's current Shares Outstanding (Basic Average) is 210.62 Mil. Overall, Nuveen Municipal Value Fund has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nuveen Municipal Value Fund's Shares Outstanding (Basic Average) compare to NAC and PDO?
Nuveen Municipal Value Fund's Shares Outstanding (Basic Average) of 210.62 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for an Asset Management company?
A good Shares Outstanding (Basic Average) depends on the Asset Management industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Nuveen Municipal Value Fund and its competitors. Nuveen Municipal Value Fund's current Shares Outstanding (Basic Average) is 210.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Municipal Value Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Municipal Value Fund (NUV) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.14, compared to a current price of $9.16 — trading 9.7% below its estimated fair value. The current Shares Outstanding (Basic Average) is 210.62 Mil. Nuveen Municipal Value Fund's overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Nuveen Municipal Value Fund (NUV), the current Shares Outstanding (Basic Average) is 210.62 Mil as of Oct. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nuveen Municipal Value Fund (NUV) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen Municipal Value Fund stock appears to be undervalued. The current stock price of $9.16 is trading 9.7% below its estimated GF Value™ of $10.14. GuruFocus considers Nuveen Municipal Value Fund to be Modestly Undervalued.

Key valuation signals for NUV:

  • Shares Outstanding (Basic Average): 210.62 Mil
  • GF Value™: $10.14 vs. price of $9.16 (9.7% below fair value)
  • GF Score™: 57/100 with 6 warning signs

No single metric tells the full story. See the NUV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuveen Municipal Value Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Municipal Value Fund Inc is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income exempt from regular federal income tax. The Fund's secondary investment objective is to enhance portfolio value and total return.
57GF Score

Get the complete analysis for NUV

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.16
Price
$10.14
GF Value