| Business Summary | | Nuveen
New
York
Municipal
Value
Fund,
Inc.
(NNY)
is
one
of
Noveen's
New
York
Funds
(the
Funds).
Others
include
Nuveen
New
York
Performance
Plus
Municipal
Fund,
Inc.
(NNP),
Nuveen
New
York
Investment
Quality
Municipal
Fund,
Inc.
(NQN),
Nuveen
New
York
Select
Quality
Municipal
Fund,
Inc.
(NVN),
Nuveen
New
York
Quality
Income
Municipal
Fund,
Inc.
(NUN),
Nuveen
Insured
New
York
Premium
Income
Municipal
Fund,
Inc.
(NNF)
and
Nuveen
New
York
Dividend
Advantage
Municipal
Fund
(NAN).
Each
Fund
invests
primarily
in
a
diversified
portfolio
of
municipal
obligations
issued
by
state
and
local
government
authorities
within
the
state
of
New
York.
The
Funds
are
closed-end,
diversified
management
investment
companies. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Nuveen
NY
Municipal
Value
Fund
is
a
closed-end
municipal
bond
fund.
The
Fund's
primary
objective
is
to
provide
a
high
level
of
current
interest
income
exempt
from
federal,
state
and
local
taxes
in
the
State
of
NY.
For
the
six
months
ended
3/31/01,
total
investment
income
totaled
$4.4
million.
Net
investment
income
totaled
$5.8
million.
Net
increase
in
net
assets
from
operations
totaled
$8.6
million.
Net
asset
value
per
share
at
the
end
of
the
period
totaled
$15.15. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Timothy Schwertfeger, 50 | Chairman
and Pres | Peter D'Arrigo, 32 | VP
and Treasurer | Stephen Foy, 45 | VP
and Controller | Gifford Zimmerman, 43 | VP
and Sec. | Alan Berkshire, 38 | VP
and Assistant Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|