Nuveen Taxable Municipal Income Fund

Nuveen Taxable Municipal Income Fundverified

NBB

Price:

$17.03

Market Cap:

$500.59M

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. It invests in Build America Bonds, i.e. taxable municipal securities. The fund employs fundamental analysis with bottom-up and top-down stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Capital Build America Bond Index. The fund was formerly known as Nuveen Build America Bond Fund. Nuveen Ta...[Read more]

Industry

Asset Management - Income

IPO Date

2010-04-28

Stock Exchange

NYSE

Ticker

NBB

The PE Ratio as of September 2024 (TTM) for Nuveen Taxable Municipal Income Fund (NBB) is 15.62

According to Nuveen Taxable Municipal Income Fund’s latest financial reports and current stock price. The company's current PE Ratio is 15.62. This represents a change of 305.98% compared to the average of 3.85 of the last 4 quarters.

Nuveen Taxable Municipal Income Fund (NBB) Historical PE Ratio (quarterly & annually)

How has NBB PE Ratio performed in the past?

The mean historical PE Ratio of Nuveen Taxable Municipal Income Fund over the last ten years is 7.68. The current 15.62 PE Ratio has changed 20.24% with respect to the historical average. Over the past ten years (40 quarters), NBB's PE Ratio was at its highest in in the March 2018 quarter at 11.61. The PE Ratio was at its lowest in in the September 2018 quarter at -22.01.

Quarterly (TTM)
Annual

Average

7.68

Median

9.26

Minimum

-67.35

Maximum

68.84

Nuveen Taxable Municipal Income Fund (NBB) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Nuveen Taxable Municipal Income Fund PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 894.84%

Maximum Annual PE Ratio = 68.84

Minimum Annual Increase = -434.26%

Minimum Annual PE Ratio = -67.35

Quarterly (TTM)
Annual
YearPE RatioChange
202413.97-258.65%
2023-8.81-61.47%
2022-22.86-434.26%
20216.84-110.15%
2020-67.35-306.28%
201932.65181.68%
201811.59-66.86%
201734.98-49.19%
201668.84894.84%
20156.92-91.16%

Nuveen Taxable Municipal Income Fund (NBB) Average PE Ratio

How has NBB PE Ratio performed in the past?

The current PE Ratio of Nuveen Taxable Municipal Income Fund (NBB) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-5.90

5-year avg

-15.64

10-year avg

7.68

Nuveen Taxable Municipal Income Fund (NBB) PE Ratio vs. Peers

How is NBB’s PE Ratio compared to its peers?

Nuveen Taxable Municipal Income Fund’s PE Ratio is less than BlackRock Taxable Municipal Bond Trust (28.23), less than DWS Municipal Income Trust (35.71), greater than BlackRock MuniHoldings Fund, Inc. (-1020.56), greater than Eaton Vance Senior Income Trust (3.54), greater than Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (8.94), greater than BlackRock Core Bond Trust (9.63), less than Blackrock Municipal 2030 Target Term Trust (49.91), greater than Cohen & Steers REIT and Preferred Income Fund, Inc. (6.61), greater than The Gabelli Equity Trust Inc. (4.81), less than Virtus Convertible & Income Fund (31.31), greater than The Gabelli Equity Trust Inc. PFD-G (4.81), greater than Oxford Lane Capital Corp. (2.71), greater than The Gabelli Utility Trust (-22.21), less than Pioneer Municipal High Income Advantage Fund, Inc. (55.71), greater than The New America High Income Fund Inc. (4.92), greater than RiverNorth Capital and Income Fund, Inc. (8.55), greater than Putnam Managed Municipal Income Trust (6.68), greater than The Gabelli Multimedia Trust Inc. 5.125% PFD SER E (5.23),

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