NMI News and Press, Nuveen Municipal Income Fund Inc. From 04/12/22

Rating agencies reported that upgrades outpaced downgrades in 2021. The decline in the stock market produced concern that pension funding may decline, and the rise in inflation may reduce benefits. The shorter bonds can be sold to take advantage of large outflows from mutual funds...

Nuveen Municipal Income Fund (NYSE:NMI) declares $0.0255/share monthly dividend, -5.6% decrease from prior dividend of $0.0270. Forward yield 3.1% Payable May 2; for shareholders of record April 14; ex-div April 13. See NMI Dividend Scorecard, Yield Chart, & Dividend Growth. For further...

Only funds with coverage >100% are considered for this quality closed-end fund report. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are KIO, ARDC and DSL. For further details see: The Quality Closed-End Fund Report, March 2022: Attractive Val...

Nuveen Municipal Income Fund (NYSE:NMI) declares $0.0005/share cash LTCG dividend. Payable Dec. 31; for shareholders of record Dec. 15; ex-div Dec. 14. See NMI Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Nuveen Municipal Income Fund declares $0.0005 ...

Interest rate volatility prompted another month of negative total returns. Below-average issuance was counterbalanced by a slowdown in demand. November could provide opportunities ahead of seasonal strength in December and January. For further details see: Muni Seasonal ...

Nuveen Municipal Income Fund (NYSE:NMI) declares $0.027/share monthly dividend, in line with previous. Forward yield 2.79% Payable Dec. 1; for shareholders of record Nov. 15; ex-div Nov. 12. See NMI Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Nuveen ...

Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind. More attractive valuations could provide near-term opportunity. For further details see: Munis Remained Tethered To Rates In September...

Interest in municipal closed-end funds (CEFs) vs. municipal bonds often stems from higher return potential - this is mostly due to the use of leverage in municipal closed-end funds. Leverage could potentially amplify both the fund's net asset value (NAV) and its distribution; however,...

Modestly negative performance in August capped a robust summer seasonal period. Issuance exceeded expectations, resulting in less of a supply/demand imbalance than is typical. We maintain a defensive posture into the historically less favorable month of September. For furthe...

The US House Ways and Means Committee released their new 881-page tax proposal –there's some tricky stuff in it. If passed, the new top Federal rate in the US will be 46.4 percent, while the top capital gains tax rate appears it will be 31.8 percent from my calculations. NY...