Nuveen Taxable Municipal Income Fund (NBB) To Go Ex-Dividend on December 15th

Nuveen Taxable Municipal Income Fund (NYSE:NBB) announced a monthly dividend on Monday, December 1st. Stockholders of record on Monday, December 15th will be given a dividend of 0.0965 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Monday, December 15th.

Nuveen Taxable Municipal Income Fund Price Performance

NYSE:NBB opened at $16.17 on Wednesday. The company’s 50-day simple moving average is $16.28 and its 200 day simple moving average is $15.92. Nuveen Taxable Municipal Income Fund has a one year low of $14.52 and a one year high of $16.63.

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.