Nuveen Taxable Municipal Income Fund (NYSE:NBB – Get Free Report) announced a dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be paid a dividend of 0.0965 per share on Thursday, August 1st. The ex-dividend date of this dividend is Monday, July 15th.
Nuveen Taxable Municipal Income Fund has raised its dividend by an average of 6.0% per year over the last three years.
Nuveen Taxable Municipal Income Fund Stock Down 0.9 %
Shares of NBB traded down $0.14 during midday trading on Tuesday, hitting $15.25. 84,682 shares of the company traded hands, compared to its average volume of 71,458. Nuveen Taxable Municipal Income Fund has a 52 week low of $13.67 and a 52 week high of $16.28. The firm has a 50 day moving average of $15.07 and a 200-day moving average of $15.38.
Nuveen Taxable Municipal Income Fund Company Profile
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.
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