Nuveen Municipal Value Fund (NUV) vs Royce Small-Cap (RVT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Royce Small-Cap is the larger company by market cap ($2.09 billion vs $1.71 billion), about 1.2 times the size. On valuation, Nuveen Municipal Value Fund trades at a lower trailing P/E (16.2x vs 23.3x for Royce Small-Cap). Royce Small-Cap offers the higher dividend yield (8.57% vs 4.72%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NUV | RVT |
|---|---|---|
| Share price | $8.24 | $16.81 |
| Market cap | $1.71B | $2.09B |
| 1-day change | +0.86% | -0.65% |
| YTD return | — | +4.41% |
| 1-year return | — | +2.63% |
| 5-year return | — | -9.62% |
| P/E ratio (TTM) | 16.16 | 23.35 |
| EPS (TTM) | $0.51 | $0.72 |
| Dividend yield | 4.72% | 8.57% |
| Annual dividend | $0.389 | $1.44 |
| 52-week high | $9.26 | $19.12 |
| 52-week low | $8.02 | $14.97 |
| Distance from 52-week high | -11.02% | -12.08% |
| Analyst consensus | — | none |
| Average volume | 821.87K | 239.38K |
| Shares outstanding | 207.54M | 124.25M |
| Sector | Financial Services | Finance |
| Industry | Asset Management | Trusts Except Educational Religious and Charitable |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Royce Small-Cap trades at a higher earnings multiple (23.3x vs 16.2x trailing P/E).
- Royce Small-Cap offers a meaningfully higher dividend yield (8.57% vs 4.72%).
- The two companies sit in different sectors: Nuveen Municipal Value Fund in Financial Services and Royce Small-Cap in Finance.
About Nuveen Municipal Value Fund
NUV stock →Nuveen Municipal Value Fund, Inc. is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc.
Financial Services · Asset Management
About Royce Small-Cap
RVT stock →Royce Small-Cap Trust, Inc. is a close ended equity mutual fund launched and managed by Royce & Associates, LLC.
Finance · Trusts Except Educational Religious and Charitable
NUV vs RVT FAQ
Which is bigger, Nuveen Municipal Value Fund or Royce Small-Cap?
Royce Small-Cap (RVT) is larger, with a market capitalization of $2.09B compared with $1.71B for Nuveen Municipal Value Fund (NUV).
Which has the lower P/E ratio, NUV or RVT?
NUV has the lower trailing P/E at 16.2, versus 23.3 for RVT. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Nuveen Municipal Value Fund or Royce Small-Cap?
Royce Small-Cap has the higher yield at 8.57%, compared with 4.72% for Nuveen Municipal Value Fund.
Are Nuveen Municipal Value Fund and Royce Small-Cap in the same industry?
No. Nuveen Municipal Value Fund is in the Financial Services sector, while Royce Small-Cap is in Finance.