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 paid a dividend of $0.0965 per share on Monday, November 2nd. This represents a $1.16 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend is Thursday, October 15th.
Nuveen Taxable Municipal Income Fund Price Performance
Shares of NYSE:NBB opened at $14.30 on Friday. Nuveen Taxable Municipal Income Fund has a 12 month low of $13.97 and a 12 month high of $16.62. The company’s 50-day moving average price is $15.12 and its two-hundred day moving average price is $15.48.
Nuveen Taxable Municipal Income Fund Company Profile
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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