The Nuveen Enhanced Municipal Value Fund (NEV) is a mutual fund that focuses on investing in municipal bonds. These bonds are issued by state and local governments to fund public projects such as schools, roads, and hospitals. The fund aims to provide investors with tax-free income by investing in high-quality municipal bonds with attractive yields. It also utilizes an enhanced strategy to potentially increase returns by actively managing the portfolio and using leverage. NEV is a suitable option for investors seeking tax-exempt income and potential capital appreciation through municipal bond investments.