NUVEEN MUNICIPAL VALUE FUND INC

NUVEEN MUNICIPAL VALUE FUND INC operates as part of The John Nuveen Company, which specializes in asset management, research, and the development, marketing, and distribution of investment products and services. These services are primarily offered through financial advisors to affluent and high-net-worth investors. The company distributes its investment products, which include mutual funds (open-end funds), exchange-traded funds (closed-end funds), defined portfolios (unit investment trusts), and individually managed accounts. Distribution channels involve registered representatives from unaffiliated broker-dealers, commercial banks, affiliates of insurance providers, financial planners, accountants, consultants, and investment advisers. The company's operations are structured through six subsidiaries. John Nuveen & Co. Incorporated, a registered broker and dealer, handles investment product distribution and related services for the managed funds and defined portfolios. Five investment advisory subsidiaries are registered under the Investment Advisers Act of 1940: Nuveen Advisory Corp. (NAC), Nuveen Institutional Advisory Corp. (NIAC), Nuveen Asset Management Inc. (NAM), Nuveen Senior Loan Asset Management, Inc. (NSLAM), and Rittenhouse Financial Services, Inc. (Rittenhouse). NAC, NIAC, and NSLAM provide investment management and administer the business affairs of the Nuveen managed funds. NAM and Rittenhouse offer investment management services for individual and institutional managed accounts, with Rittenhouse also serving as a sub-adviser and portfolio manager for a mutual fund managed by NIAC. The company's headquarters are in Chicago, with additional offices in New York, NY, Irvine, CA, Oakbrook, IL, Dayton, OH, and Radnor, PA. Sales representatives are located nationally. The business originated in 1898, initially focusing on underwriting and trading municipal bonds. In 1961, the company expanded by introducing its first municipal defined portfolio, a fixed portfolio of municipal securities held in a trust. Subsequent product introductions include its first municipal mutual fund in 1976, its first municipal money market fund in 1981, and its first municipal exchange-traded fund in 1987.