Nuveen Taxable Municipal Income Fund

Nuveen Taxable Municipal Income Fundverified

NBB

Price:

$16.91

Market Cap:

$497.07M

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 ROE as of September 2024 (TTM) for Nuveen Taxable Municipal Income Fund (NBB) is 12.19%

According to Nuveen Taxable Municipal Income Fund’s latest financial reports and current stock price. The company's current ROE is 12.19%. This represents a change of 102.55% compared to the average of 6.02% of the last 4 quarters.

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

How has NBB ROE performed in the past?

The mean historical ROE of Nuveen Taxable Municipal Income Fund over the last ten years is 9.50%. The current 12.19% ROE has changed 28.30% with respect to the historical average. Over the past ten years (40 quarters), NBB's ROE was at its highest in in the September 2019 quarter at 7.87%. The ROE was at its lowest in in the September 2015 quarter at -5.30%.

Quarterly (TTM)
Annual

Average

9.50%

Median

3.16%

Minimum

-10.43%

Maximum

73.92%

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

Discovering the peaks and valleys of Nuveen Taxable Municipal Income Fund ROE, 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 = 6.42%

Maximum Annual ROE = 73.92%

Minimum Annual Increase = -1144.84%

Minimum Annual ROE = -10.43%

Quarterly (TTM)
Annual
YearROEChange
20246.48%-162.11%
2023-10.43%138.61%
2022-4.37%-129.28%
202114.94%-1144.84%
2020-1.43%-140.57%
20193.52%-56.85%
20188.17%192.55%
20172.79%96.64%
20161.42%-98.08%
201573.92%6.42%

Nuveen Taxable Municipal Income Fund (NBB) Average ROE

How has NBB ROE performed in the past?

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

3-year avg

-2.78%

5-year avg

1.04%

10-year avg

9.50%

Nuveen Taxable Municipal Income Fund (NBB) ROE vs. Peers

How is NBB’s ROE compared to its peers?

Nuveen Taxable Municipal Income Fund’s ROE is less than BlackRock Taxable Municipal Bond Trust (3.65%), less than DWS Municipal Income Trust (2.78%), greater than BlackRock MuniHoldings Fund, Inc. (-0.09%), less than Eaton Vance Senior Income Trust (21.34%), less than Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (12.79%), less than BlackRock Core Bond Trust (11.34%), less than Blackrock Municipal 2030 Target Term Trust (1.79%), less than Cohen & Steers REIT and Preferred Income Fund, Inc. (17.91%), less than The Gabelli Equity Trust Inc. (17.75%), less than Virtus Convertible & Income Fund (2.21%), less than The Gabelli Equity Trust Inc. PFD-G (17.75%), less than Oxford Lane Capital Corp. (38.73%), greater than The Gabelli Utility Trust (-6.64%), less than Pioneer Municipal High Income Advantage Fund, Inc. (1.51%), less than The New America High Income Fund Inc. (20.61%), less than RiverNorth Capital and Income Fund, Inc. (11.38%), less than Putnam Managed Municipal Income Trust (11.54%), less than The Gabelli Multimedia Trust Inc. 5.125% PFD SER E (14.43%),

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