Nuveen Municipal Income Fund, Inc. (NMI)
| Market Value | 95.32M |
| Revenue (ttm) | 4.77M |
| Net Income (ttm) | 4.35M |
| Shares Out | 10.05M |
| EPS (ttm) | 0.43 |
| PE Ratio | 21.89 |
| Forward PE | n/a |
| Dividend | $0.46 (4.81%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 27,929 |
| Open | 9.55 |
| Previous Close | 9.50 |
| Day's Range | 9.46 - 9.55 |
| 52-Week Range | 8.75 - 10.30 |
| Beta | 0.25 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About NMI
Nuveen Municipal Income Fund, Inc. 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 primarily invests in municipal obligations issued by state and local government authorities. Its investment portfolio comprises investment in companies operating in various industries, including healthcare, materials, education and civic organizations, and consumer staples. Nuveen... [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...
NMI: Why This Unleveraged Muni CEF Makes Sense Now
The unleveraged municipal CEF, Nuveen Municipal Income, is trading at a 4.65% yield and a 7.5% discount. Despite the expectation of the Fed cutting the policy rate, unleveraged muni CEFs remain attrac...
Municipal CEF Sector Update: What We're Doing After A Roller Coaster Ride
We take a look at the municipal sector after a rollercoaster ride. We find that longer-duration munis remain attractive, particularly relative to corporate bonds. Separately, muni CEF discounts are wi...
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...
Nuveen Municipal Closed-End Funds Announce Distribution Updates
NEW YORK--(BUSINESS WIRE)--Today, the Board of Trustees of certain Nuveen municipal closed-end funds declared regular monthly distribution rates and updated certain distribution policies. Additionally...
Nuveen Municipal Income Fund, Inc. Announces Update to Investment Policies
NEW YORK--(BUSINESS WIRE)--The Board of Trustees of Nuveen Municipal Income Fund, Inc. (NYSE: NMI) has approved certain investment policy changes for the fund. The fund's investment objective to provi...
CEF Report August 2023: Taxables Get Bought And Are Not Very Compelling, Munis Look Best
Taxable closed-end fund discounts have narrowed, reducing their attractiveness, while credit spreads have tightened, producing returns in some areas of the CEF market. Municipal CEFs remain exceptiona...
CEF Weekly Review: Discount Pro-Cyclicality Is Not Fully Rational
We review CEF market valuation and performance through the first week of July and highlight recent market action. CEFs were roughly flat on the week as NAVs fell while discounts remained resilient. CE...
