Nuveen AMT-Free Municipal Value Fund (NUW) Total Return Calculator
$10,000 since Feb 2009, with and without reinvesting · data through Oct 2026
$10,000 invested in Nuveen AMT-Free Municipal Value Fund (NUW) ten years ago, at the end of Oct 2016, was worth $12,095 at the end of Oct 2026 with every dividend reinvested: 1.9% a year, against $41,633 in the S&P 500. Since Feb 2009, $10,000 became $20,176 reinvested (4.1% a year), or $17,564 taking the dividends as cash, $8,404 of it paid out along the way.
NUW became
$20,176
S&P 500: $140,521
Return a year
4.1%
S&P 500: 16.1%
Payouts reinvested
$12,619
bought more shares
Worst drop
-20.8%
S&P 500: -23.9%
$10,000, Feb 2009 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | NUW total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | −0.6% | $708 | +11.7% |
| 2025 | +9.9% | $804 | +17.7% |
| 2024 | +3.5% | $707 | +24.9% |
| 2023 | +3.8% | $620 | +26.2% |
| 2022 | −15.2% | $573 | −18.2% |
| 2021 | +4.9% | $787 | +28.7% |
| 2020 | +4.4% | $554 | +18.3% |
| 2019 | +13.9% | $692 | +31.2% |
| 2018 | −9.9% | $839 | −4.6% |
| 2017 | +11.9% | $926 | +21.7% |
| 2016 | −5.0% | $732 | +12.0% |
| 2015 | +7.1% | $735 | +1.2% |
| 2014 | +20.7% | $725 | +13.5% |
| 2013 | −8.9% | $746 | +32.3% |
| 2012 | +6.5% | $648 | +16.0% |
| 2011 | +19.2% | $688 | +1.9% |
| 2010 | +2.9% | $667 | +15.1% |
| 2009 (part) | +10.1% | $470 | +54.2% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: NUW total return
Data as of · Source: SmarterDividends data
- $10,000 invested in Nuveen AMT-Free Municipal Value Fund (NUW) at the end of Feb 2009, with dividends reinvested, was worth $20,176 at the end of Oct 2026: 4.1% a year, against $140,521 (16.1% a year) in the S&P 500.
- Over the 10 years to Oct 2026, NUW turned $10,000 into $12,095 with dividends reinvested, 1.9% a year.
- Over the 5 years to Oct 2026, NUW returned 0.0% a year with dividends reinvested (S&P 500: 12.0%).
- Taking NUW's dividends as cash instead of reinvesting them, the same $10,000 ended at $17,564, including $8,404 of cash received; reinvesting added $2,612.
- NUW's best calendar year in that time was 2014 (20.7%) and its worst 2022 (-15.2%), with dividends reinvested.
Cite this page
SmarterDividends, "Nuveen AMT-Free Municipal Value Fund (NUW) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/NUW/total-return
NUW total return questions
If I invested $10,000 in NUW 10 years ago, how much would I have?
About $12,095 at the end of Oct 2026, with every dividend reinvested: 1.9% a year. Taking them as cash, you'd have shares worth $8,101 or so plus the cash you received. The same $10,000 in the S&P 500 became $41,633.
What is NUW's total return since Feb 2009?
102% in total, or 4.1% a year, through Oct 2026 with dividends reinvested. The share price alone fell 8%.
How much of NUW's return came from dividends?
About 100% of its yearly return since Feb 2009. Reinvesting them, rather than taking cash, left you $2,612 better off on a $10,000 start.
What was NUW's worst year?
2022, at -15.2% with dividends reinvested (S&P 500: -18.2%). Its deepest fall from a peak, on month-end values, was -20.8%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.