Nuveen Taxable Municipal Income Fund (NBB)
14.88
-0.01
(-0.07%)
USD |
NYSE |
May 08, 16:00
14.88
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 2.63% | -9.65% | 484.43M | 73697.83 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 6.16% | 5.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| Primary objective is current income through investments in taxable municipal securities. Secondary objective is to seek enhanced portfolio value and total return. Under normal circumstances, the Fund will invest at least 80% of its Assets in taxable municipal securities.The Fund may invest up to 20% of its Assets in securities other than taxable municipal securities, including municipal securities the interest income from which is exempt from regular federal income tax. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Extensive Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Long-Term Bond |
| Category Index | Bloomberg US Govt/Credit Long TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Government Bond - Treasury |
| Fund Owner Firm Name | Nuveen Fund Advisors, LLC. |
| Prospectus Benchmark Index | |
| Bloomberg Taxable Municipal TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Daniel Close | 14.02 yrs |
| Kristen DeJong | 1.06 yrs |
Performance Versus Category
As of May 07, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 07, 2024.
Basic Info
| Investment Strategy | |
| Primary objective is current income through investments in taxable municipal securities. Secondary objective is to seek enhanced portfolio value and total return. Under normal circumstances, the Fund will invest at least 80% of its Assets in taxable municipal securities.The Fund may invest up to 20% of its Assets in securities other than taxable municipal securities, including municipal securities the interest income from which is exempt from regular federal income tax. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Extensive Sensitivity |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Long-Term Bond |
| Category Index | Bloomberg US Govt/Credit Long TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Government Bond - Treasury |
| Fund Owner Firm Name | Nuveen Fund Advisors, LLC. |
| Prospectus Benchmark Index | |
| Bloomberg Taxable Municipal TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Daniel Close | 14.02 yrs |
| Kristen DeJong | 1.06 yrs |