Nuveen Municipal Income Fund, Inc.

Nuveen Municipal Income Fund, Inc.verified

NMI

Price:

$10.1962

Market Cap:

$102.48M

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 ROE as of September 2024 (TTM) for Nuveen Municipal Income Fund, Inc. (NMI) is 4.55%

According to Nuveen Municipal Income Fund, Inc.’s latest financial reports and current stock price. The company's current ROE is 4.55%. This represents a change of 340.85% compared to the average of 1.03% of the last 4 quarters.

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

How has NMI ROE performed in the past?

The mean historical ROE of Nuveen Municipal Income Fund, Inc. over the last ten years is 0.34%. The current 4.55% ROE has changed 1.23% with respect to the historical average. Over the past ten years (40 quarters), NMI's ROE was at its highest in in the October 2009 quarter at 21.19%. The ROE was at its lowest in in the October 2008 quarter at -36.94%.

Quarterly (TTM)
Annual

Average

0.34%

Median

3.58%

Minimum

-36.78%

Maximum

11.02%

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

Discovering the peaks and valleys of Nuveen Municipal Income Fund, Inc. 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 = 168.42%

Maximum Annual ROE = 11.02%

Minimum Annual Increase = -21374.80%

Minimum Annual ROE = -36.78%

Quarterly (TTM)
Annual
YearROEChange
20233.17%-108.61%
2022-36.78%-898.47%
20214.61%168.42%
20201.72%-78.42%
20197.95%-21374.80%
2018-0.04%-101.75%
20172.13%-62.22%
20165.64%41.24%
20153.99%-63.76%
201411.02%-511.72%

Nuveen Municipal Income Fund, Inc. (NMI) Average ROE

How has NMI ROE performed in the past?

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

3-year avg

-9.67%

5-year avg

-3.87%

10-year avg

0.34%

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

How is NMI’s ROE compared to its peers?

Nuveen Municipal Income Fund, Inc.’s ROE is less than Eaton Vance New York Municipal Income Trust (4.98%), less than Western Asset Investment Grade Income Fund Inc. (5.94%), less than Eaton Vance New York Municipal Bond Fund (4.58%), less than Nuveen New York Quality Municipal Income Fund (10.18%), less than Nuveen AMT-Free Municipal Value Fund (3.19%), less than PIMCO New York Municipal Income Fund (9.18%), less than BlackRock MuniHoldings New York Quality Fund, Inc. (3.45%), less than Nuveen New York Municipal Value Fund (8.60%), less than Northern Trust Corporation (12.80%), less than Liberty All-Star Equity Fund (35.34%), less than Goldman Sachs BDC, Inc. (6.95%), less than Neuberger Berman Municipal Fund Inc. (5.45%), less than PIMCO New York Municipal Income Fund III (3.43%), less than Delaware Investments National Municipal Income Fund (1.53%), less than Invesco Trust for Investment Grade New York Municipals (20.43%), less than PIMCO New York Municipal Income Fund II (3.13%), less than BlackRock New York Municipal Income Trust (3.69%),

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