Nuveen Taxable Municipal Income Fund (NBB)Financial Services | Asset Management | Chicago, United States | NYSE
15.43 USD
+0.03
(0.195%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 15.43 |
Hot Take ↕ | Aug. 22, 2026, 5:49 a.m. EDT
The most critical observation is the severe structural deterioration of the underlying business, evidenced by a nearly 30% cumulative loss over the last nine years and a trailing price decline of roughly 30% from its peak. While the recent monthly price action shows a modest technical recovery, the asset remains trapped well below its long-term average, suggesting the market continues to penalize the persistent underperformance. The income profile is deceptive; while the headline yield appears attractive, the payout ratio exceeds 120%, indicating the fund is distributing more than it earns, which is unsustainable for a taxable municipal income vehicle. This aggressive distribution is likely propping up the price rather than reflecting genuine value creation, making the security a value trap where capital preservation is currently impossible. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.012560 |
| AutoARIMA | 0.012902 |
| AutoETS | 0.012903 |
| MSTL | 0.013596 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 64% |
| H-stat | 3.29 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.415 |
| Excess Kurtosis | -0.66 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-08-13 |
| Last Dividend Date | 2026-08-13 |
| Market Cap | 453,561,024 |
| Trailing P/E | 16.41 |
| Website | https://www.nuveen.com/CEF/FundDetail.aspx?FundCode=NBB |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.63% | 7.34% | 7.97% | 7.27% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-14 | 0.097 | 0.627832 |
| 2026-07-15 | 0.097 | 0.625000 |
| 2026-06-15 | 0.097 | 0.620205 |
| 2026-05-15 | 0.097 | 0.621795 |
| 2026-04-15 | 0.097 | 0.611216 |
| 2026-03-13 | 0.097 | 0.629461 |
| 2026-02-13 | 0.097 | 0.596923 |
| 2026-01-15 | 0.097 | 0.604361 |
| 2025-12-15 | 0.097 | 0.605115 |
| 2025-11-14 | 0.097 | 0.595823 |
| 2025-10-15 | 0.097 | 0.596556 |
| 2025-09-15 | 0.097 | 0.601737 |
| 2025-08-15 | 0.097 | 0.617048 |
| 2025-07-15 | 0.097 | 0.625000 |
| 2025-06-13 | 0.097 | 0.624598 |
| 2025-05-15 | 0.097 | 0.636483 |
| 2025-04-15 | 0.097 | 0.638158 |
| 2025-03-14 | 0.097 | 0.613148 |
| 2025-02-14 | 0.097 | 0.607389 |
| 2025-01-15 | 0.097 | 0.632746 |
| 2024-12-13 | 0.097 | 0.603234 |
| 2024-11-15 | 0.097 | 0.616656 |
| 2024-10-15 | 0.097 | 0.598765 |
| 2024-09-13 | 0.097 | 0.566589 |
| 2024-08-15 | 0.097 | 0.591103 |
| 2024-07-15 | 0.097 | 0.615482 |
| 2024-06-14 | 0.097 | 0.630689 |
| 2024-05-14 | 0.074 | 0.498989 |
| 2024-04-12 | 0.074 | 0.498652 |
| 2024-03-14 | 0.074 | 0.483976 |
| 2024-02-14 | 0.074 | 0.472843 |
| 2024-01-11 | 0.074 | 0.465116 |
| 2023-12-26 | 0.482 | 3.091725 |
| 2023-12-14 | 0.074 | 0.471038 |
| 2023-11-14 | 0.068 | 0.456682 |
| 2023-10-12 | 0.068 | 0.478536 |
| 2023-09-14 | 0.068 | 0.453636 |
| 2023-08-14 | 0.068 | 0.446487 |
| 2023-07-13 | 0.068 | 0.432845 |
| 2023-06-14 | 0.068 | 0.441558 |
| 2023-05-12 | 0.068 | 0.425266 |
| 2023-04-13 | 0.068 | 0.415140 |
| 2023-03-14 | 0.072 | 0.455120 |
| 2023-02-14 | 0.072 | 0.436364 |
| 2023-01-12 | 0.072 | 0.429338 |
| 2022-12-14 | 0.093 | 0.578718 |
| 2022-11-14 | 0.093 | 0.591980 |
| 2022-10-13 | 0.093 | 0.613052 |
| 2022-09-14 | 0.109 | 0.627519 |
| 2022-08-12 | 0.109 | 0.595954 |
| 2022-07-14 | 0.109 | 0.596280 |
| 2022-06-14 | 0.109 | 0.650358 |
| 2022-05-12 | 0.109 | 0.618966 |
| 2022-04-13 | 0.109 | 0.570382 |
| 2022-03-14 | 0.109 | 0.575502 |
| 2022-02-14 | 0.109 | 0.547464 |
| 2022-01-13 | 0.109 | 0.487478 |
| 2021-12-14 | 0.109 | 0.483585 |
| 2021-11-12 | 0.109 | 0.476190 |
| 2021-10-14 | 0.109 | 0.480176 |
| 2021-09-14 | 0.109 | 0.465216 |
| 2021-08-12 | 0.109 | 0.468414 |
| 2021-07-14 | 0.109 | 0.464423 |
| 2021-06-14 | 0.100 | 0.433463 |
| 2021-05-13 | 0.100 | 0.444050 |
| 2021-04-14 | 0.100 | 0.444840 |
| 2021-03-12 | 0.100 | 0.449035 |
| 2021-02-11 | 0.100 | 0.430663 |
| 2021-01-14 | 0.100 | 0.419287 |
| 2020-12-14 | 0.093 | 0.398458 |
| 2020-11-12 | 0.093 | 0.424077 |
| 2020-10-14 | 0.093 | 0.418165 |
| 2020-09-14 | 0.093 | 0.411322 |
| 2020-08-13 | 0.093 | 0.417040 |
| 2020-07-14 | 0.093 | 0.425240 |
| 2020-06-12 | 0.093 | 0.431755 |
| 2020-05-14 | 0.093 | 0.473282 |
| 2020-04-14 | 0.093 | 0.475703 |
| 2020-03-12 | 0.093 | 0.479629 |
| 2020-02-13 | 0.093 | 0.413701 |
| 2020-01-14 | 0.093 | 0.420624 |
| 2019-12-12 | 0.093 | 0.431154 |
| 2019-11-14 | 0.098 | 0.455814 |
| 2019-10-11 | 0.098 | 0.447284 |
| 2019-09-12 | 0.098 | 0.444848 |
| 2019-08-14 | 0.103 | 0.470105 |
| 2019-07-12 | 0.103 | 0.486538 |
| 2019-06-13 | 0.103 | 0.490476 |
| 2019-05-14 | 0.103 | 0.492823 |
| 2019-04-12 | 0.103 | 0.500729 |
| 2019-03-14 | 0.103 | 0.519677 |
| 2019-02-14 | 0.103 | 0.516032 |
| 2019-01-14 | 0.103 | 0.520728 |
| 2018-12-13 | 0.103 | 0.538985 |
| 2018-11-28 | 0.071 | 0.377459 |
| 2018-11-15 | 0.032 | 0.168776 |
| 2018-10-12 | 0.103 | 0.527934 |
| 2018-09-13 | 0.103 | 0.504655 |
| 2018-08-14 | 0.103 | 0.503421 |
| 2018-07-12 | 0.103 | 0.503421 |
| 2018-06-14 | 0.103 | 0.509649 |
| 2018-05-14 | 0.103 | 0.506391 |
| 2018-04-12 | 0.103 | 0.496625 |
| 2018-03-14 | 0.103 | 0.501705 |
| 2018-02-14 | 0.103 | 0.493531 |
| 2018-01-11 | 0.103 | 0.481084 |
| 2017-12-14 | 0.103 | 0.471612 |
| 2017-11-14 | 0.103 | 0.475531 |
| 2017-10-12 | 0.103 | 0.473781 |
| 2017-09-14 | 0.103 | 0.474436 |
| 2017-08-11 | 0.103 | 0.484250 |
| 2017-07-12 | 0.103 | 0.489776 |
| 2017-06-13 | 0.103 | 0.493059 |
| 2017-05-11 | 0.103 | 0.497344 |
| 2017-04-11 | 0.103 | 0.497344 |
| 2017-03-13 | 0.103 | 0.512183 |
| 2017-02-13 | 0.103 | 0.497104 |
| 2017-01-11 | 0.103 | 0.500729 |
| 2016-12-13 | 0.103 | 0.510154 |
| 2016-11-10 | 0.108 | 0.536246 |
| 2016-10-12 | 0.108 | 0.500928 |
| 2016-09-13 | 0.108 | 0.494959 |
| 2016-08-11 | 0.108 | 0.471410 |
| 2016-07-13 | 0.108 | 0.477876 |
| 2016-06-13 | 0.108 | 0.478088 |
| 2016-05-11 | 0.112 | 0.503597 |
| 2016-04-13 | 0.112 | 0.514943 |
| 2016-03-11 | 0.112 | 0.531309 |
| 2016-02-10 | 0.112 | 0.534861 |
| 2016-01-13 | 0.112 | 0.549289 |
| 2015-12-11 | 0.112 | 0.551724 |
| 2015-11-10 | 0.112 | 0.567663 |
| 2015-10-13 | 0.112 | 0.574654 |
| 2015-09-11 | 0.112 | 0.582726 |
| 2015-08-12 | 0.112 | 0.571429 |
| 2015-07-13 | 0.112 | 0.579111 |
| 2015-06-11 | 0.112 | 0.578214 |
| 2015-05-13 | 0.116 | 0.578265 |
| 2015-04-13 | 0.116 | 0.550285 |
| 2015-03-11 | 0.116 | 0.557692 |
| 2015-02-11 | 0.116 | 0.550024 |
| 2015-01-13 | 0.116 | 0.540793 |
| 2014-12-11 | 0.116 | 0.561743 |
| 2014-11-12 | 0.116 | 0.566683 |
| 2014-10-10 | 0.116 | 0.562288 |
| 2014-09-11 | 0.116 | 0.569745 |
| 2014-08-13 | 0.116 | 0.570866 |
| 2014-07-11 | 0.116 | 0.568906 |
| 2014-06-11 | 0.116 | 0.582037 |
| 2014-05-13 | 0.116 | 0.581454 |
| 2014-04-11 | 0.116 | 0.585267 |
| 2014-03-12 | 0.116 | 0.600725 |
| 2014-02-12 | 0.116 | 0.605112 |
| 2014-01-13 | 0.116 | 0.618337 |
| 2013-12-24 | 0.021 | 0.113391 |
| 2013-12-11 | 0.116 | 0.643015 |
| 2013-11-13 | 0.116 | 0.649860 |
| 2013-10-10 | 0.116 | 0.650589 |
| 2013-09-11 | 0.116 | 0.653153 |
| 2013-08-13 | 0.114 | 0.629834 |
| 2013-07-11 | 0.114 | 0.594059 |
| 2013-06-12 | 0.114 | 0.577215 |
| 2013-05-13 | 0.114 | 0.538244 |
| 2013-04-11 | 0.114 | 0.536976 |
| 2013-03-13 | 0.114 | 0.547025 |
| 2013-02-13 | 0.111 | 0.524823 |
| 2013-01-11 | 0.111 | 0.517482 |
| 2012-12-12 | 0.111 | 0.530339 |
| 2012-11-13 | 0.109 | 0.507449 |
| 2012-10-11 | 0.109 | 0.516588 |
| 2012-09-12 | 0.109 | 0.511257 |
| 2012-08-13 | 0.109 | 0.512218 |
| 2012-07-11 | 0.109 | 0.510539 |
| 2012-06-13 | 0.109 | 0.525808 |
| 2012-05-11 | 0.109 | 0.528101 |
| 2012-04-11 | 0.109 | 0.542829 |
| 2012-03-13 | 0.109 | 0.531967 |
| 2012-02-13 | 0.117 | 0.557408 |
| 2012-01-11 | 0.117 | 0.569620 |
| 2011-12-13 | 0.117 | 0.578349 |
| 2011-11-10 | 0.117 | 0.587644 |
| 2011-10-12 | 0.117 | 0.600616 |
| 2011-09-13 | 0.117 | 0.585000 |
| 2011-08-11 | 0.117 | 0.616114 |
| 2011-07-13 | 0.117 | 0.614496 |
| 2011-06-13 | 0.117 | 0.620690 |
| 2011-05-11 | 0.117 | 0.623667 |
| 2011-04-13 | 0.117 | 0.645695 |
| 2011-03-11 | 0.117 | 0.632774 |
| 2011-02-11 | 0.117 | 0.654362 |
| 2011-01-12 | 0.117 | 0.647841 |
| 2010-12-13 | 0.117 | 0.641799 |
| 2010-11-10 | 0.117 | 0.598772 |
| 2010-10-13 | 0.117 | 0.572687 |
| 2010-09-13 | 0.117 | 0.574374 |
| 2010-08-11 | 0.117 | 0.582960 |
| 2010-07-13 | 0.117 | 0.588827 |
| 2010-06-11 | 0.117 | 0.585879 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.031995 |
| Address1 | 333 West Wacker Drive |
| All Time High | 24.13 |
| All Time Low | 13.67 |
| Ask | 15.42 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 65,980 |
| Average Daily Volume3 Month | 54,684 |
| Average Volume | 54,684 |
| Average Volume10Days | 65,980 |
| Bid | 15.38 |
| Bid Size | 1,400 |
| City | Chicago |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 15.43 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 15.4799 |
| Day Low | 15.3801 |
| Dividend Date | 1,548,979,200 |
| Dividend Rate | 1.16 |
| Dividend Yield | 7.5 |
| Ebitda Margins | 0.0 |
| Eps Trailing Twelve Months | 0.94 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,786,665,600 |
| Exchange | NYQ |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 15.439 |
| Fifty Day Average Change | -0.0089998245 |
| Fifty Day Average Change Percent | -0.00058292795 |
| Fifty Two Week Change Percent | -3.1994998 |
| Fifty Two Week High | 16.62 |
| Fifty Two Week High Change | -1.1900005 |
| Fifty Two Week High Change Percent | -0.07160051 |
| Fifty Two Week Low | 14.95 |
| Fifty Two Week Low Change | 0.4800005 |
| Fifty Two Week Low Change Percent | 0.032107055 |
| Fifty Two Week Range | 14.95 - 16.62 |
| First Trade Date Milliseconds | 1,272,461,400,000 |
| Five Year Avg Dividend Yield | 6.52 |
| Full Exchange Name | NYSE |
| Fullday Change | 0.0300007 |
| Fullday Change Percent | 0.19481 |
| Fullday Price | 15.43 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0 |
| Held Percent Institutions | 0.46171 |
| Implied Shares Outstanding | 29,394,751 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Language | en-US |
| Last Dividend Date | 1,786,665,600 |
| Last Dividend Value | 0.097 |
| Long Business Summary | 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. It invests in Build America Bonds, i.e. taxable municipal securities. The fund employs fundamental analysis with bottom-up and top-down stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Capital Build America Bond Index. The fund was formerly known as Nuveen Build America Bond Fund. Nuveen Taxable Municipal Income Fund was formed on December 4, 2009 and is domiciled in the United States. |
| Long Name | Nuveen Taxable Municipal Income Fund |
| Market | us_market |
| Market Cap | 453,561,024 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_104594301 |
| Non Diluted Market Cap | 452,679,165 |
| Open | 15.45 |
| Operating Margins | 0.0 |
| Payout Ratio | 1.2319 |
| Phone | 312 917 7700 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 15.43 |
| Post Market Time | 1,787,951,100 |
| Previous Close | 15.4 |
| Price Hint | 2 |
| Profit Margins | 0.0 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.0300007 |
| Regular Market Change Percent | 0.19481 |
| Regular Market Day High | 15.4799 |
| Regular Market Day Low | 15.3801 |
| Regular Market Day Range | 15.3801 - 15.4799 |
| Regular Market Open | 15.45 |
| Regular Market Previous Close | 15.4 |
| Regular Market Price | 15.43 |
| Regular Market Time | 1,787,947,202 |
| Regular Market Volume | 62,747 |
| Sand P52 Week Change | 0.20204377 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 29,394,751 |
| Shares Percent Shares Out | 0.0023 |
| Shares Short | 67,543 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 20,478 |
| Short Name | Nuveen Taxable Municipal Income |
| Short Percent Of Float | 0.0026 |
| Short Ratio | 1.35 |
| Source Interval | 15 |
| State | IL |
| Symbol | NBB |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.94 |
| Trailing P E | 16.414894 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 15.77085 |
| Two Hundred Day Average Change | -0.34084988 |
| Two Hundred Day Average Change Percent | -0.02161265 |
| Type Disp | Equity |
| Volume | 62,747 |
| Website | https://www.nuveen.com/CEF/FundDetail.aspx?FundCode=NBB |
| Zip | 60,606-1220 |