Nuveen Taxable Municipal Income Fund (NYSE:NBB – Get Free Report) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be given a dividend of $0.0965 per share on Monday, November 2nd. This represents a $1.16 annualized dividend and a dividend yield of 8.1%. The ex-dividend date is Thursday, October 15th.
Nuveen Taxable Municipal Income Fund Price Performance
Nuveen Taxable Municipal Income Fund stock opened at $14.30 on Friday. The company’s 50-day moving average is $15.12 and its 200 day moving average is $15.48. Nuveen Taxable Municipal Income Fund has a 1-year low of $13.97 and a 1-year high of $16.62.
About Nuveen Taxable Municipal Income Fund
Nuveen Taxable Municipal Income Fund (NYSE:NBB) is a closed-end investment fund managed by Nuveen Asset Management. The fund seeks to provide current income and, secondarily, capital appreciation by investing primarily in taxable municipal securities issued by state and local governments and related entities.
Its portfolio may include taxable municipal bonds such as Build America Bonds, private activity bonds and other municipal obligations whose interest is generally subject to U.S. federal income tax.
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