Equities

Nuveen Taxable Municipal Income Fund

NBB:NYQ

Nuveen Taxable Municipal Income Fund

Actions
FinancialsClosed End Investments
  • Price (USD)14.94
  • Today's Change0.06 / 0.40%
  • Shares traded48.69k
  • 1 Year change-6.27%
  • Beta0.5716
Data delayed at least 15 minutes, as of May 10 2024 00:00 BST.
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About the company

Nuveen Taxable Municipal Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income through investments in taxable municipal securities. As a secondary objective, the Fund seeks to enhance portfolio value and total return. Under normal circumstances, the Fund 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, United States, treasury securities and obligations of the United States government, its agencies, and instrumentalities. The Fund’s investment adviser is Nuveen Fund Advisors, LLC.

  • Revenue in USD (TTM)40.87m
  • Net income in USD-52.25m
  • Incorporated2009
  • Employees--
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Calamos Global Dynamic Income Fund38.77m30.08m422.14m--14.031.10--10.890.4710.4710.60725.990.06663.1711.12--5.17--5.22--61.74--77.58------0.3434--139.83--115.23------
Nuveen Variable Rate Pred & Inc Fund37.67m-24.54m422.97m----0.9324--11.23-1.02-1.021.5618.770.0493--26.86---3.21---3.78--45.36---65.15----0.40910.283--75.01--67.40------
Neuberger Brmn Egy Iftrt and Inm Fnd Inc8.25m-712.07k430.04m----0.9465--52.12-0.0126-0.01260.14568.020.0144-------0.12393.22-0.12413.23-45.42-77.19-8.63312.54----0.1848150.6016.5715.49-100.47----1.21
BlackRock MuniAssets Fund Inc30.34m7.18m431.75m0.0059.740.983--14.230.1880.1880.786911.420.0474--113.24--1.12--1.13--62.32--23.67----1.640.29--------------
Nuveen Preferred and Income Term Fund44.83m-6.46m436.55m----0.9876--9.74-0.2837-0.28371.9719.410.062--3.71---0.89281.02-1.001.1053.3572.30-14.4116.90--0.78640.3537433.32-3.36-2.1243.17-----4.11
Nuveen Taxable Municipal Income Fund40.87m-52.25m437.39m----0.8734--10.70-1.78-1.781.3917.040.0508--50.65---6.490.6722-9.090.872467.6476.01-127.8413.12--0.34560.3107618.27-5.240.893-108.86-----1.53
Agriculture & Naturl Solutns Acqstn Corp0.001.31m441.17m0.00337.961.32----0.03030.03030.007.78----------------------------0.00------106,229.30------
Western Asset Managed Municipals Fnd Inc32.02m26.56m443.65m0.0018.830.8926--13.860.54340.54340.652511.460.0376--21.42--3.170.81973.230.829276.9878.3084.1921.12----0.3206373.307.65-4.7582.95-----9.83
Blackrock Municipal Income Trust35.64m4.61m443.81m--96.260.8752--12.450.10510.10510.812611.560.0432--2.40--0.5584--0.7714--50.52--12.94----1.350.1738--------------
John Hancock Preferred Income Fund-100.00bn-100.00bn444.24m--------------------------------------------------------------
Highland Opportunities and Income Fund55.78m-14.09m447.14m----0.5148--8.02-0.2054-0.20540.816714.790.0514--2.29---1.303.25-1.343.4077.3175.30-25.2554.33--0.71070.0267154.10-47.15---145.58------
Gabelli Utility Trust-100.00bn-100.00bn447.16m--------------------------------------------------16.93--34.66------
BlackRock MuniVest Fund Inc32.96m14.13m449.20m--31.790.8811--13.630.22270.22270.519910.460.0423--12.25--1.810.64241.830.64752.2169.3642.8816.86--6.250.1045412.093.36-6.8685.42-----11.93
Screaming Eagle Acquisition Corp0.0016.70m449.78m--70.281.57----0.17820.17820.007.970.00------2.15--2.18--------------0.00-------25.81------
Abrdn Global Infrastructure Income Fund37.04m8.25m452.71m--54.870.9374--12.220.32730.32731.4719.160.1127--39.03--2.51--2.53--84.41--22.28----1.410.00--126.25--147.39------
Data as of May 10 2024. Currency figures normalised to Nuveen Taxable Municipal Income Fund's reporting currency: US Dollar USD

Institutional shareholders

29.30%Per cent of shares held by top holders
HolderShares% Held
Sit Investment Associates, Inc.as of 05 Apr 20243.02m10.28%
Morgan Stanley Smith Barney LLC (Investment Management)as of 31 Dec 20231.25m4.24%
Guggenheim Funds Investment Advisors LLCas of 31 Dec 2023761.13k2.59%
Raymond James Financial Services Advisors, Inc.as of 31 Mar 2024656.49k2.23%
UBS Financial Services, Inc.as of 31 Dec 2023613.22k2.09%
Wilmington Trust Investment Advisors, Inc.as of 31 Dec 2023581.40k1.98%
Arbor Point Advisors LLCas of 31 Dec 2023509.39k1.73%
Merrill Lynch, Pierce, Fenner & Smith, Inc. (Invt Mgmt)as of 31 Dec 2023475.08k1.62%
Wells Fargo Clearing Services LLCas of 31 Dec 2023384.79k1.31%
Invesco Capital Management LLCas of 31 Dec 2023360.48k1.23%
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Data from 31 Dec 2023 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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