Nuveen Taxable Municipal Income Fund (NYSE:NBB) to Issue $0.10 Monthly Dividend

Nuveen Taxable Municipal Income Fund (NYSE:NBB) announced a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be paid a dividend of 0.0965 per share on Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Friday, November 14th.

Nuveen Taxable Municipal Income Fund Stock Down 0.7%

Nuveen Taxable Municipal Income Fund stock opened at $16.44 on Tuesday. The company has a 50 day moving average price of $16.21 and a 200 day moving average price of $15.80. Nuveen Taxable Municipal Income Fund has a 52 week low of $14.52 and a 52 week high of $16.63.

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.