Nuveen Taxable Municipal Income Fund (NBB) To Go Ex-Dividend on December 15th

Nuveen Taxable Municipal Income Fund (NYSE:NBB) announced a monthly dividend on Monday, December 1st. Shareholders of record on Monday, December 15th will be given a dividend of 0.0965 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend is Monday, December 15th.

Nuveen Taxable Municipal Income Fund Price Performance

NBB stock traded down $0.11 during mid-day trading on Friday, reaching $16.13. 44,791 shares of the stock traded hands, compared to its average volume of 60,258. Nuveen Taxable Municipal Income Fund has a 52-week low of $14.52 and a 52-week high of $16.62. The stock’s fifty day moving average is $16.27 and its 200-day moving average is $15.97.

Nuveen Taxable Municipal Income Fund Company Profile

Nuveen Taxable Municipal Income Fund 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 also invests some portion of its portfolio in derivative instruments.