Nuveen New York Municipal Value Fund Inc (NYSE:NNY) Shifting Institutional Investors Sentiment

June 20, 2017 - By Dolores Ford

 Nuveen New York Municipal Value Fund Inc (NYSE:NNY) Shifting Institutional Investors Sentiment

Sentiment for Nuveen New York Municipal Value Fund Inc (NYSE:NNY)

Nuveen New York Municipal Value Fund Inc (NYSE:NNY) institutional sentiment decreased to 1.43 in 2016 Q4. Its down -1.07, from 2.5 in 2016Q3. The ratio dropped, as 10 funds opened new and increased positions, while 7 decreased and sold their stakes in Nuveen New York Municipal Value Fund Inc. The funds in our partner’s database now possess: 724,067 shares, down from 811,922 shares in 2016Q3. Also, the number of funds holding Nuveen New York Municipal Value Fund Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 5 Reduced: 2 Increased: 5 New Position: 5.

Nuveen New York Municipal Value Fund, Inc. is a diversified closed-end management investment company. The company has market cap of $154.83 million. The Fund seeks to provide current income exempt from regular federal, and New York State and New York City income tax and to enhance portfolio value. It has a 138.72 P/E ratio. It invests over 80% of its managed assets in municipal securities rated investment grade at the time of investment, or, if they are unrated, are judged by the manager to be of comparable quality.

It is down 1.30% since June 20, 2016 and is downtrending. It has underperformed by 18.00% the S&P500.

Doliver Capital Advisors Inc. holds 0.19% of its portfolio in Nuveen NY Municipal Value for 23,144 shares. Clear Harbor Asset Management Llc owns 14,350 shares or 0.03% of their US portfolio. Moreover, Guggenheim Capital Llc has 0.01% invested in the company for 236,055 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Cambridge Investment Research Advisors Inc., a Iowa-based fund reported 18,661 shares.#img1#

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.