Closed-End Funds


Nuveen New Jersey Municipal Value Fund (NYSE: NJV)

Capital Structure

As of 1/31/2018
Common Net Assets$23,716,888
Total Managed Assets$23,716,888
Tender Option Bond Floating Rate Obligation$2,462,000
Total Investment Exposure$26,178,888


As of 1/31/2018
Total Regulatory Leverage----
Effective Leverage$2,462,0009.40%
Asset Coverage 1----


Average Leverage Costs^ 
Annualized leverage cost, based on the latest month2.13%


Common Shares 
Shares Outstanding1,551,357
Avg. Daily Volume (in shares)4,262

Fund Basics

Inception Date4/28/2009
Inception NAV$14.33
Inception Share Price$15.00

Annual Expense Ratios

As of 1/31/2018
 Common SharesTotal Fund
Management Fees0.62%0.56%
Other Expenses0.31%0.31%

Other Expenses and Total Expenses do not include interest expenses arising from the application of SFAS No. 140 to certain inverse floating rate securities (if any) held by the Fund. Interest expense arises because accounting rules require the fund to treat interest paid by trusts issuing certain inverse floating rate instruments held by the fund as having been paid (indirectly) by the fund. Because the fund also recognizes a corresponding amount of additional income earned (also indirectly), the fund's net asset value per share, net investment income and total return have not been affected by this accounting treatment. See the fund's Annual Report for information on the fund's inverse floating rate investments and recognized interest expense.

Expense ratios are calculated using the prior 12 months of expense data as of the previous month-end.

Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. Past performance is no guarantee of future results.

An investment in this fund presents a number of risks and is not suitable for all investors. Investors should carefully review and consider potential risks before investing. For more detailed information on the specific risks associated with this fund, please view the Overview tab.


1 The ratio of total assets of the Fund, less all liabilities that are not outstanding borrowings or outstanding preferreds, at par, to the sum of the Fund’s outstanding borrowings and outstanding preferreds, at par.

^ The annualized ratio of the sum of leverage costs to the average leverage amount for a given time period.

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