Nuveen Municipal Income Fund, Inc. (NMI)

NYSE: NMI · Real-Time Price · USD
10.01
-0.02 (-0.18%)
Oct 11, 2024, 3:35 PM EDT - Market closed
-0.18%
Market Value 100.64M
Revenue (ttm) 4.77M
Net Income (ttm) 4.35M
Shares Out 10.05M
EPS (ttm) 0.43
PE Ratio 23.11
Forward PE n/a
Dividend $0.46 (4.55%)
Ex-Dividend Date Oct 15, 2024
Volume 12,041
Open 10.00
Previous Close 10.03
Day's Range 9.99 - 10.03
52-Week Range 8.30 - 10.30
Beta 0.24
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]

Sector Financials
Founded 1988
Country United States
Stock Exchange NYSE
Ticker Symbol NMI
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
4 months ago - Business Wire

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...

7 months ago - Seeking Alpha

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...

Other symbols: BMNMMINMMITNAD
7 months ago - Seeking Alpha

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
11 months ago - Business Wire

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...

Other symbols: NACNADNANNAZNCANEANIM
1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

Other symbols: BTZCMUDSLETXEVGEVNFLC
1 year ago - Seeking Alpha

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...

Other symbols: BGTDSUFRA
1 year ago - Seeking Alpha

Weekly Closed-End Fund Roundup: PIMCO Muni CEF Distribution Cuts (January 1, 2023)

3 out of 23 CEF sectors positive on price and 6 out of 23 sectors positive on NAV last week. PIMCO muni CEFs cut.

Other symbols: ACPAGDASGIBDJCHYETVGCV
1 year ago - Seeking Alpha