Nuveen Taxable Municipal Income:NBB

Important fund notice!

ON JUNE 3, 2024, THE FUND ANNOUNCED AN INCREASE IN ITS REGULAR DISTRIBUTION.

Click here for more information.

    Manage Alerts

    Overview

    As of 12/20/2024

     Share
    Price    		NAVPremium/
    Discount
    Current$15.44$16.17-4.51%
    52 Wk Avg$15.78$16.79-6.05%
    52 Wk High$17.31$17.62-1.25%
    52 Wk Low$14.52$16.03-10.13%
    Regular Distribution Type†Income Only
    Distribution Rate7.50%
    Distribution Amount$0.0965
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    Primary objective is current income through investments in taxable municipal securities. Secondary objective is to seek enhanced portfolio value and total return. Under normal circumstances, the Fund will invest at least 80% of its Assets in taxable municipal securities.The Fund may invest up to 20% of its Assets in securities other than taxable municipal securities, including municipal securities the interest income from which is exempt from regular federal income tax.

    Capital Structure

    As of 12/20/2024

    Total Investment Exposure:$812.263M
    Total Common Assets:$475.313M
    Common Shares Outstanding:29,394,752
    Leverage

    As of 12/20/2024

    Preferred Share Assets:
    Total Debt (USD): $336.950M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $336.950M
    Effective Leverage (%): 41.48%
    Annual Expense Ratios

    As of 3/31/2024

      Per Common Share
    Management Fees0.98%
    Other Expenses:0.07%
    Baseline Expense: N/A
    Interest Expense:2.58%
    Total: 3.63%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors, LLC.

    Portfolio Managers
    Daniel J. Close, Kristen M. DeJong

    Basics
    Category: Fixed Income - Taxable-Taxable Muni
    Ticker: NBB
    NAV Ticker: XNBBX
    Average Daily Volume (shares): 78,593
    Average Daily Volume (USD): $1.245M
    Inception Date: 4/27/2010
    Inception Share Price: $20.00
    Inception NAV: $19.10
    Tender Offer: No
    Term: No
    Fiscal Year End: March 31
    Third Party Links & Reports

    Distributions

    As of 12/20/2024

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 9/30/2024    		 $0.3511
    Annualized Distribution Rate on NAV:
    As of 12/20/2024    		7.16%
    Total Return on NAV (12 months):
    As of 12/20/2024    		12.17%
    Avg. Portfolio Coupon:
    As of 12/20/2024    		 6.61%
    Total % Portfolio Effectively Leveraged:
    As of 12/20/2024     		41.48%

    For the latest UNII information on this fund, please visit the Nuveen fund resources.

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 12/20/2024

    PeriodAvg Discount
    6 Month-4.17%
    1 Year-6.05%
    3 Year-4.96%
    5 Year-2.95%
    Z-Score

    As of 12/20/2024

    PeriodZStat
    3 Month-1.33
    6 Month-0.24
    1 Year0.65
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 11/30/2024
    Category: Morningstar US CEF Taxable Muni

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD10.00%5.17%9.66%5.78%
    20237.58%13.00%6.78%11.68%
    2022-24.57%-22.83%-26.70%-24.82%
    20210.97%4.25%1.07%4.97%
    202014.51%9.73%15.74%10.56%
    201919.49%11.38%20.35%10.50%
    2018-6.38%-2.14%-3.39%-1.46%
    201712.97%11.02%11.55%8.87%
    20169.13%6.50%7.26%5.48%
    20151.49%-2.28%3.02%0.77%
    201423.13%22.02%17.45%17.53%
    2013-6.49%-2.53%-7.25%-4.25%
    20129.88%12.48%12.76%12.46%
    201120.32%19.83%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 11/30/2024
    Category: Morningstar US CEF Taxable Muni

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 12/20/2024    		6.61%
    Average Maturity:
    As of 11/30/2024    		17.89 yrs
    Number of Holdings:
    As of 11/30/2024    		163
    Annual Portfolio Turnover:
    As of 3/31/2024    		2.00%
    Pre-Refunded:
    		0.00%
    Average Bond Price:
    As of 11/30/2024    		$107.99
    Asset Allocation

    As of 11/30/2024

    Top Sectors

    As of 11/30/2024

    Sector%Portfolio
    Municipal98.32%
    Municipal (Super Sector)98.32%
    Cash Equivalents0.62%
    Cash Equivalents (Super Sector)0.62%
    Call Exposure

    As of 10/31/2024

    State Allocation

    As of 11/30/2024

    State% Portfolio
    California16.20%
    New York13.19%
    Illinois8.20%
    Texas6.89%
    Georgia5.36%
    Washington4.16%
    Ohio4.06%
    Tennessee3.44%
    Florida3.13%
    New Jersey2.94%
    Top Holdings

    As of 11/30/2024

    HoldingValue% Portfolio
    WASHINGTON ST CONVENTION CTR PUB FACS DIST 6.79%$28.81M4.16%
    MUNICIPAL ELEC AUTH GA 7.06%$22.17M3.20%
    DALLAS TEX CONVENTION CTR HOTEL DEV CORP HOTEL REV 7.09%$18.79M2.71%
    OKLAHOMA DEV FIN AUTH HEALTH SYS REV 5.45%$18.59M2.69%
    METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 7.46%$17.91M2.59%
    LOS ANGELES CNTY CALIF PUB WKS FING AUTH LEASE REV 7.62%$13.78M1.99%
    CHICAGO ILL TRAN AUTH SALES TAX RCPTS REV 6.2%$13.53M1.95%
    CHARLOTTE CNTY FLA INDL DEV AUTH UTIL SYS REV 5%$13.27M1.92%
    ILLINOIS ST 6.73%$12.56M1.81%
    METROPOLITAN TRANSN AUTH N Y REV 6.67%$12.54M1.81%
    Credit Quality

    As of 11/30/2024

    Maturity Breakdown

    As of 11/30/2024

    Country Allocation

    As of 11/30/2024

    Country% Portfolio
    United States - Fixed Income98.32%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-3614413C-E0524W

    Powered by Morningstar

    View Morningstar Notice and Disclaimer