Nuveen Taxable Municipal Income Fund (NYSE:NBB – Get Free Report) announced a monthly dividend on Monday, June 1st. Investors of record on Monday, June 15th will be given a dividend of 0.0965 per share on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date of this dividend is Monday, June 15th.
Nuveen Taxable Municipal Income Fund Stock Up 0.3%
Nuveen Taxable Municipal Income Fund stock opened at $15.78 on Friday. Nuveen Taxable Municipal Income Fund has a one year low of $14.95 and a one year high of $16.62. The business’s fifty day moving average is $15.77 and its 200 day moving average is $15.88.
Nuveen Taxable Municipal Income Fund Company Profile
The Nuveen Taxable Municipal Income Fund (NYSE:NBB) is a closed-end management investment company that seeks to provide current income exempt from regular federal income tax. Established in 2008 and managed by Nuveen Asset Management LLC, the fund primarily invests in investment-grade municipal debt obligations. Its shares are traded on the New York Stock Exchange under the ticker symbol NBB.
NBB’s investment strategy focuses on taxable municipal securities, including pre-refunded and unrated obligations, issued by U.S.
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