Nuveen Taxable Municipal Income Fund (NBB)
| Market Value | 462.09M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 29.39M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $1.16 (7.41%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 82,152 |
| Open | 15.69 |
| Previous Close | 15.75 |
| Day's Range | 15.64 - 15.75 |
| 52-Week Range | 14.52 - 17.31 |
| Beta | 0.60 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About NBB
Nuveen Taxable Municipal Income Fund is a closed ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund also invests some portion of its portfolio in derivative instruments. It invests in Build America Bonds, i.e. taxable municipal securities. The fund employs fundamental analysis with bottom-up and top-down stock picking approach to create its portfolio. It benchmarks the perfor... [Read more]
News
Nuveen Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare fo...
NBB: Outlook For Taxable Munis Remains Modest In 2024 (Rating Downgrade)
Here is an evaluation of the Nuveen Taxable Municipal Income Fund as an investment option at its current market price. After a nice run since mid-2023, I view the recent gains as a time to take some p...
Dissecting The Current CEF Sell-Off And Opportunities
We take a look at the shape of the current CEF sell-off. The sell-off has followed a similar pattern to previous instances, with equity funds falling more than fixed-income funds, leveraged funds unde...
CEF Weekly Commentary | Swap Some MAIN Bonds?
Macro markets saw positive movement, with the S&P 500 up 1.81% and bonds performing well. The PPI report offset slightly hot CPI, leaving uncertainty about how the Fed will respond to rising inflation...
The Month In Closed-End Funds: December 2023
For the second consecutive month, both equity (+3.42% on a NAV basis) and fixed income (+3.14%) CEFs on average posted plus-side returns. At month end, 9% of all CEFs traded at a premium to their NAV,...
NBB: Yield Is Low Versus Alternatives And Bonds Are Overpriced
The Nuveen Taxable Municipal Income Fund has a lower current yield compared to other comparable closed-end fixed-income funds. The NBB closed-end fund's price performance has been worse than the ICE B...
Two Nuveen Closed-End Funds Declare Distributions
NEW YORK--(BUSINESS WIRE)--Two Nuveen closed-end funds have declared additional cash distributions with the record, ex-dividend and payable date outlined below. The following dates apply to today's di...
Nuveen Closed-End Funds Declare Distributions and Updates to Distribution Policies
NEW YORK--(BUSINESS WIRE)--Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trust...
NBB: A Few Reasons Why I'm More Bullish Going Forward (Rating Upgrade)
Nuveen Taxable Municipal Income Fund is currently undervalued with a discount to NAV of almost 9%. Taxable munis offer higher income compared to tax-exempt munis, making them attractive for investors ...
Nuveen Closed-End Funds Complete Previously Announced Portfolio Management Team Updates
NEW YORK--(BUSINESS WIRE)--As previously announced on April 10, 2023, John V. Miller effective today is no longer a portfolio manager for Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ), Nuv...
NBB: Still A Reasonable Option In 2023, But Income Cuts Hurt (Rating Downgrade)
NBB has had a pretty strong 2023 so far and is in positive territory since my last bullish review. The fund did see an income cut in January, which was not a great sign. Then this month, we were hit w...
Nuveen Closed-End Funds Announce Updates to Certain Portfolio Management Teams
NEW YORK , April 10, 2023 /PRNewswire/ -- Effective immediately, portfolio manager responsibilities for Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ), Nuveen Taxable Municipal Income Fund...
How This Income Method Could Lead To Financial Freedom
We will go over our thesis as to how a diversified income method with low volatility could make you financially independent. We regularly write about multi-basket income strategies with an in-built he...
CEF Weekly Review: Key CEF Lessons Of 2022
We review closed-end fund market valuation and performance through the second week of January and highlight recent market action. CEFs continue to power ahead, stringing together two strong weeks in a...
The 8% Income Portfolio: 2022 Year-End Review
Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-o...
BBN Vs. NBB: Comparing Taxable CEFs From Different Managers
The BlackRock Taxable Municipal Bond Trust benchmarks against the Bloomberg Taxable Municipal Bond USD index. The Nuveen Taxable Municipal Income Fund benchmarks against the same benchmark. I wasn't a...
NBB: Hard Not To Like This Taxable Muni Fund At This Price
The municipal bond sector has been hit very hard in 2022. While this is unnerving, I believe it offers long-term investors an opportunity for buys. NBB in particular looks attractive because it has a ...
NBB: Mixed Outlook For The Year Ahead
Taxable munis continue to take on a more important role within the broader muni sector, so having some exposure helps to round out a portfolio.
Taxable Munis Deserve Attention
The taxable municipal bond market is growing and mature. Taxable munis offer a range of benefits for certain investors, in particular insurance companies.
NBB: A Good Option For Taxable Muni Exposure, But Upside Limited
NBB sits just under its 52-week high and sports a premium to NAV of almost 3%. While this fund has been a reasonable performer over the past few months, I believe getting a bit more cautious now makes...
NBB: I Just Bought This Fund For Its Relative Value
NBB: I Just Bought This Fund For Its Relative Value
NBB: A More Attractive Taxable Muni Fund
NBB: A More Attractive Taxable Muni Fund