Nuveen Taxable Municipal Income:NBB

    Manage Alerts

    Overview

    As of 10/23/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$22.00$21.960.18%
    52 Wk Avg$21.52$21.77-1.17%
    52 Wk High$23.60$24.113.95%
    52 Wk Low$16.32$18.09-18.21%
    Regular Distribution TypeIncome Only
    Distribution Rate5.05%
    Distribution Amount$0.0925
    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. The Fund invests primarily in a diversified portfolio of taxable municipal securities. The Fund invests at least 80% of its managed assets in securities rated, at the time of investment, investment grade.

    Capital Structure

    As of 10/23/2020

    Total Investment Exposure:$945.827M
    Total Common Assets:$598.100M
    Common Shares Outstanding:27,372,996
    Leverage

    As of 10/22/2020

    Preferred Share Assets:
    Total Debt (USD): $347.727M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $347.727M
    Effective Leverage (%): 36.76%
    Annual Expense Ratios

    As of 3/31/2020

      Per Common Share
    Management Fees0.91%
    Other Expenses:0.07%
    Baseline Expense: N/A
    Interest Expense:0.85%
    Total: 1.83%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors, LLC.

    Portfolio Managers
    Daniel J. Close, John V. Miller

    Basics
    Category: Fixed Income - Taxable-Taxable Muni
    Ticker: NBB
    NAV Ticker: XNBBX
    Average Daily Volume (shares): 82,768
    Average Daily Volume (USD): $1.740M
    Inception Date: 4/28/2010
    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 10/23/2020

    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.

    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 3/31/2020
    $0.7414
    Annualized Distribution Rate on NAV:
    As of 10/23/2020
    5.05%
    Total Return on NAV (12 months):
    As of 10/23/2020
    5.05%
    Avg. Portfolio Coupon:
    As of 10/23/2020
    8.00%
    Total % Portfolio Effectively Leveraged:
    As of 10/23/2020
    36.76%

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

    Pricing Information

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

    As of 10/23/2020

    PeriodAvg Discount
    6 Month-0.19%
    1 Year-1.17%
    3 Year-3.25%
    5 Year-3.39%
    Z-Score

    As of 10/23/2020

    PeriodZStat
    3 Month0.26
    6 Month0.30
    1 Year0.57
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2020
    Category: Morningstar US CEF Taxable Muni

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD6.67%6.39%7.38%6.69%
    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%22.75%22.56%
    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 9/30/2020
    Category: Morningstar US CEF Taxable Muni

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 10/23/2020
    8.00%
    Number of Holdings:
    As of 8/31/2020
    139
    Annual Portfolio Turnover:
    As of 3/31/2020
    16.00%
    Average Bond Price:
    As of 8/31/2020
    $130.73
    Asset Allocation

    As of 8/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 8/31/2020 reported by Fund Sponsor

    Sector%Portfolio
    Municipal122.40%
    Municipal (Super Sector)122.40%
    Government (Super Sector)-0.06%
    Government Related-0.06%
    Cash Equivalents-22.35%
    Cash Equivalents (Super Sector)-22.35%
    Call Exposure

    As of 8/31/2020 reported by Fund Sponsor

    State Allocation

    As of 8/31/2020 reported by Fund Sponsor

    State% Portfolio
    California30.64%
    New York19.56%
    Texas9.88%
    Illinois8.83%
    Washington5.76%
    Georgia4.93%
    Ohio3.87%
    South Carolina3.68%
    Massachusetts3.30%
    New Jersey3.09%
    Top Holdings

    As of 8/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    SAN FRANCISCO CALIF CITY & CNTY CTFS PARTN 6.49%$45.93M5.24%
    LOS ANGELES CALIF DEPT WTR & PWR REV 6.6%$36.37M4.15%
    NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5.6%$35.78M4.08%
    LOS ANGELES CALIF CMNTY COLLEGE DIST 6.6%$30.12M3.44%
    NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.88%$29.83M3.40%
    MASSACHUSETTS ST TRANSN FD REV 5.73%$28.92M3.30%
    SEATTLE WASH MUN LT & PWR REV 5.57%$26.85M3.06%
    MUNICIPAL ELEC AUTH GA 7.06%$25.72M2.93%
    WASHINGTON ST CONVENTION CTR PUB FACS DIST 6.79%$23.60M2.69%
    OKLAHOMA DEV FIN AUTH HEALTH SYS REV 5.45%$21.39M2.44%
    Maturity Breakdown

    As of 8/31/2020 reported by Fund Sponsor

    Country Allocation

    As of 8/31/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income122.40%
    Invalid Country - Fixed Income0.00%

    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.

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