Nuveen Taxable Municipal Income Fund Logo

Nuveen Taxable Municipal Income Fund

A leveraged closed-end fund providing income from taxable municipal securities and Build America Bonds.

NBB | US

Overview

Corporate Details

ISIN(s):
N/A
LEI:
Country:
United States of America
Address:
333 WEST WACKER DRIVE, 60606 CHICAGO
Sector:
Financial and insurance activities
Industry:
Activities of trusts, funds and similar financial entities

Description

Nuveen Taxable Municipal Income Fund (NBB) is a closed-end, fixed-income mutual fund managed by Nuveen. The fund's primary investment objective is to provide current income, with a secondary objective of enhancing portfolio value. To achieve this, it invests primarily in a diversified portfolio of taxable municipal securities, with a notable focus on Build America Bonds (BABs). The fund may invest up to 20% of its assets in securities other than taxable municipal securities. It also utilizes leverage as a strategy to potentially magnify the total return of its portfolio.

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Insider Transactions

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