NBB News and Press, Nuveen Taxable Municipal Income Fund of Beneficial Interest From 04/10/23

Nuveen Closed-End Funds Announce Updates to Certain Portfolio Management Teams PR Newswire NEW YORK , April 10, 2023 /PRNewswire/ -- Effective immediately, portfolio manager responsibilities for Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ), Nuv...

Summary We will go over our thesis as to how a diversified income method with low volatility could make you financially independent. We regularly write about multi-basket income strategies with an in-built hedging mechanism to keep the drawdowns to a minimum. They provide not only consi...

Nuveen Taxable Municipal Income Fund ( NYSE: NBB ) declares $0.072/share monthly dividend , in line with previous. Forward yield 5.19% Payable March 1; for shareholders of record Feb. 15; ex-div Feb. 14. See NBB Dividend Scorecard, Yield Chart, & Dividend Growth....

Summary We review closed-end fund market valuation and performance through the second week of January and highlight recent market action. CEFs continue to power ahead, stringing together two strong weeks in a row. We look at the key lessons of 2022 that can guide investors in their ...

Summary Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-on-cost basis. The portfolio had a loss of -12.5% in 2022, compared to -18.2...

Nuveen Taxable Municipal Income Fund ( NYSE: NBB ) declares $0.072/share monthly dividend , -22.2% decrease from prior dividend of $0.092. Forward yield 5.21% Payable Feb. 1; for shareholders of record Jan. 13; ex-div Jan. 12. See NBB Dividend Scorecard, Yield Ch...

Summary The Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is not a pure play, as it also owns corporate debt. Along with explaining this closed-end fund, I will compare it to two other taxable municipal bond funds I recently reviewed. Maybe due to its corporate...

Summary The BlackRock Taxable Municipal Bond Trust benchmarks against the Bloomberg Taxable Municipal Bond USD index. The Nuveen Taxable Municipal Income Fund benchmarks against the same benchmark. I wasn’t able to find information on the benchmark, but not critical since both ar...

Summary I have been a long-term bull of the municipal sector. However, in 2021, I shifted this stance to become much more cautious. That view worked out after fixed income, munis included, suffered heavy losses in 2022. Yet, I was too early in re-buying the sector. Despite loo...

In the second quarter, we've seen double-digit negative returns across the fixed income landscape. For corporate bonds on the investment-grade side of things, we've seen spreads tick 160. A lot of what's going on right now is just the aftermath of a pandemic that's disrupted the h...