Wolverine Asset Management LLC Has $530,000 Stake in Nuveen Municipal Income Fund, Inc. (NYSE:NMI)

Wolverine Asset Management LLC increased its position in shares of Nuveen Municipal Income Fund, Inc. (NYSE:NMI) by 321.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,573 shares of the company’s stock after acquiring an additional 43,897 shares during the quarter. Wolverine Asset Management LLC owned about 0.57% of Nuveen Municipal Income Fund worth $530,000 as of its most recent SEC filing.

Separately, Crestone Asset Management LLC bought a new position in Nuveen Municipal Income Fund in the third quarter valued at approximately $91,000. Institutional investors own 16.57% of the company’s stock.

Nuveen Municipal Income Fund Stock Down 0.5 %

Shares of NMI opened at $9.12 on Friday. Nuveen Municipal Income Fund, Inc. has a twelve month low of $8.30 and a twelve month high of $10.05. The firm’s 50 day moving average price is $9.27 and its two-hundred day moving average price is $9.08.

Nuveen Municipal Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be paid a $0.036 dividend. This represents a $0.43 dividend on an annualized basis and a yield of 4.74%. The ex-dividend date is Friday, April 12th.

About Nuveen Municipal Income Fund

Nuveen Municipal Income Fund, Inc 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 primarily invests in municipal obligations issued by state and local government authorities.