Nuveen Taxable Municipal Income FundNBB
Market Cap: $500M
About: Nuveen Taxable Municipal Income Fund is a closed-end fund incorporated in the United States. Its primary objective is current income through investments in taxable municipal securities; the secondary objective is to seek enhanced portfolio value and total return. The fund invests primarily in a diversified portfolio of taxable municipal securities.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
146% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
3% less capital invested
Capital invested by funds: $201M [Q1] → $194M (-$6.56M) [Q2]
2.01% less ownership
Funds ownership: 44.62% [Q1] → 42.61% (-2.01%) [Q2]
9% less funds holding
Funds holding: 80 [Q1] → 73 (-7) [Q2]
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
Research analyst outlook
We haven’t received any recent analyst ratings for NBB.