Nuveen Taxable Municipal Income Fund (NBB)

NYSE: NBB · Real-Time Price · USD
16.26
+0.13 (0.77%)
Nov 8, 2024, 3:59 PM EST - Market closed
0.77%
Market Value 477.96M
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 (7.12%)
Ex-Dividend Date Nov 15, 2024
Volume 50,691
Open 16.17
Previous Close 16.14
Day's Range 16.17 - 16.33
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]

Sector Financials
Founded 2009
Country United States
Stock Exchange NYSE
Ticker Symbol NBB
Full Company Profile

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...

Other symbols: JFRJGHJLSJMMJPCJPIJQC
5 months ago - Business Wire

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...

6 months ago - Seeking Alpha

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...

Other symbols: CEFSKSMPFOPGPSABA
7 months ago - Seeking Alpha

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...

Other symbols: ASGASGIBGBBTADMFECCGLV
10 months ago - Seeking Alpha

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,...

Other symbols: BBNBHKBTOBWGEDFHQLIGR
10 months ago - Seeking Alpha

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...

11 months ago - Seeking Alpha

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...

Other symbols: JLS
11 months ago - Business Wire

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...

Other symbols: JFRJGHJLSJMMJPCJPIJQC
1 year ago - Business Wire

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 ...

1 year ago - Seeking Alpha

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...

Other symbols: NMCONDMONMZ
1 year ago - Business Wire

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...

1 year ago - Seeking Alpha

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...

Other symbols: NDMONMCONMZ
1 year ago - PRNewsWire

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...

1 year ago - Seeking Alpha

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...

Other symbols: BBNFINSLDPNAD
1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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...

Other symbols: BBN
2 years ago - Seeking Alpha

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 ...

2 years ago - Seeking Alpha

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.

3 years ago - Seeking Alpha

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.

Other symbols: BABBBNGBAB
3 years ago - Seeking Alpha

Margin Of Safety CEF Opportunities

With valuations tightening and a number of risks on the radar, it makes sense to take a margin-of-safety approach to income portfolios. A number of CEF strategies can provide additional margin-of-safe...

Other symbols: DSLMYINCVNCZPDO
3 years ago - Seeking Alpha

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...

4 years ago - Seeking Alpha

NBB: I Just Bought This Fund For Its Relative Value

NBB: I Just Bought This Fund For Its Relative Value

4 years ago - Seeking Alpha

Uses And Abuses Of CEF Distribution Coverage

Uses And Abuses Of CEF Distribution Coverage

Other symbols: BBNBKLNBTTMQTMUIPDIPFF
4 years ago - Seeking Alpha

NBB: A More Attractive Taxable Muni Fund

NBB: A More Attractive Taxable Muni Fund

5 years ago - Seeking Alpha