Nuveen Taxable Municipal Income Fund (NYSE:NBB) Announces $0.10 Monthly Dividend

Posted by Brian Himes on Jul 2nd, 2026

Nuveen Taxable Municipal Income Fund (NYSE:NBB – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.0965 per share on Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Wednesday, July 15th.

Nuveen Taxable Municipal Income Fund Trading Down 0.1%

NBB opened at $15.76 on Thursday. Nuveen Taxable Municipal Income Fund has a one year low of $14.95 and a one year high of $16.62. The business’s 50 day moving average price is $15.73 and its 200 day moving average price is $15.83.

Hedge Funds Weigh In On Nuveen Taxable Municipal Income Fund

Several large investors have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Nuveen Taxable Municipal Income Fund by 33.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 4,773 shares of the company’s stock worth $75,000 after purchasing an additional 1,200 shares during the period. International Assets Investment Management LLC purchased a new stake in Nuveen Taxable Municipal Income Fund in the 4th quarter valued at about $81,000. Fifth Third Bancorp acquired a new position in Nuveen Taxable Municipal Income Fund in the first quarter valued at about $82,000. NewEdge Advisors LLC lifted its position in Nuveen Taxable Municipal Income Fund by 12.8% in the first quarter. NewEdge Advisors LLC now owns 12,629 shares of the company’s stock valued at $202,000 after buying an additional 1,438 shares during the last quarter. Finally, Mayflower Financial Advisors LLC lifted its position in Nuveen Taxable Municipal Income Fund by 58.0% in the fourth quarter. Mayflower Financial Advisors LLC now owns 16,594 shares of the company’s stock valued at $262,000 after buying an additional 6,094 shares during the last quarter.

Nuveen Taxable Municipal Income Fund Company Profile

(Get Free Report)

The Nuveen Taxable Municipal Income Fund (NYSE:NBB) is a closed-end management investment company that seeks to provide current income exempt from regular federal income tax. Established in 2008 and managed by Nuveen Asset Management LLC, the fund primarily invests in investment-grade municipal debt obligations. Its shares are traded on the New York Stock Exchange under the ticker symbol NBB.

NBB’s investment strategy focuses on taxable municipal securities, including pre-refunded and unrated obligations, issued by U.S.