Nuveen Municipal Income Fund, Inc.

Nuveen Municipal Income Fund, Inc.verified

NMI

Price:

$10.23

Market Cap:

$102.82M

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. Its investment portfolio comprises investment in companies operating in various industries, including healthcare, materials, education and civic organizations, and consumer staples. Nuveen Municipal Income Fund was formed on April 20, 1988 and is based in the United States.[Read more]

Industry

Asset Management - Income

IPO Date

1988-05-04

Stock Exchange

NYSE

Ticker

NMI

The PE Ratio as of September 2024 (TTM) for Nuveen Municipal Income Fund, Inc. (NMI) is 22.73

According to Nuveen Municipal Income Fund, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 22.73. This represents a change of -5322.79% compared to the average of -0.44 of the last 4 quarters.

Nuveen Municipal Income Fund, Inc. (NMI) Historical PE Ratio (quarterly & annually)

How has NMI PE Ratio performed in the past?

The mean historical PE Ratio of Nuveen Municipal Income Fund, Inc. over the last ten years is -226.26. The current 22.73 PE Ratio has changed -1104.58% with respect to the historical average. Over the past ten years (40 quarters), NMI's PE Ratio was at its highest in in the October 2021 quarter at 34.04. The PE Ratio was at its lowest in in the April 2018 quarter at -130.62.

Quarterly (TTM)
Annual

Average

-226.26

Median

17.49

Minimum

-2472.57

Maximum

59.48

Nuveen Municipal Income Fund, Inc. (NMI) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Nuveen Municipal Income Fund, Inc. 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 = 372.64%

Maximum Annual PE Ratio = 59.48

Minimum Annual Increase = -5714.57%

Minimum Annual PE Ratio = -2472.57

Quarterly (TTM)
Annual
YearPE RatioChange
202328.78-1246.61%
2022-2.51-111.20%
202122.40-62.34%
202059.48372.64%
201912.58-100.51%
2018-2472.57-5714.57%
201744.04262.90%
201612.14-49.69%
201524.12171.06%
20148.90-125.45%

Nuveen Municipal Income Fund, Inc. (NMI) Average PE Ratio

How has NMI PE Ratio performed in the past?

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

3-year avg

16.22

5-year avg

24.15

10-year avg

-226.26

Nuveen Municipal Income Fund, Inc. (NMI) PE Ratio vs. Peers

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

Nuveen Municipal Income Fund, Inc.’s PE Ratio is greater than Eaton Vance New York Municipal Income Trust (16.56), greater than Western Asset Investment Grade Income Fund Inc. (16.43), greater than Eaton Vance New York Municipal Bond Fund (21.15), greater than Nuveen New York Quality Municipal Income Fund (4.77), less than Nuveen AMT-Free Municipal Value Fund (30.21), greater than PIMCO New York Municipal Income Fund (7.93), less than BlackRock MuniHoldings New York Quality Fund, Inc. (25.60), greater than Nuveen New York Municipal Value Fund (3.77), greater than Northern Trust Corporation (11.35), greater than Liberty All-Star Equity Fund (2.87), greater than Goldman Sachs BDC, Inc. (14.18), greater than Neuberger Berman Municipal Fund Inc. (18.05), greater than PIMCO New York Municipal Income Fund III (19.58), less than Delaware Investments National Municipal Income Fund (65.59), greater than Invesco Trust for Investment Grade New York Municipals (4.73), greater than PIMCO New York Municipal Income Fund II (3.83), less than BlackRock New York Municipal Income Trust (24.02),

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