Hennion & Walsh Asset Management Inc. Grows Stake in Nuveen Municipal Income Fund, Inc. $NMI

Posted by on Aug 12th, 2026

Hennion & Walsh Asset Management Inc. increased its stake in shares of Nuveen Municipal Income Fund, Inc. (NYSE:NMI – Free Report) by 195.6% in the 2nd quarter, Holdings Channel reports. The firm owned 209,716 shares of the company’s stock after purchasing an additional 138,770 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Nuveen Municipal Income Fund were worth $2,311,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC purchased a new stake in Nuveen Municipal Income Fund during the 4th quarter worth approximately $37,000. Raymond James Financial Inc. purchased a new position in shares of Nuveen Municipal Income Fund in the second quarter valued at approximately $72,000. Astoria Portfolio Advisors LLC. purchased a new position in shares of Nuveen Municipal Income Fund in the fourth quarter valued at approximately $116,000. Cetera Investment Advisers acquired a new stake in shares of Nuveen Municipal Income Fund in the second quarter worth approximately $118,000. Finally, Kestra Advisory Services LLC boosted its stake in shares of Nuveen Municipal Income Fund by 118.6% in the first quarter. Kestra Advisory Services LLC now owns 12,024 shares of the company’s stock worth $126,000 after acquiring an additional 6,524 shares during the last quarter. 16.57% of the stock is owned by hedge funds and other institutional investors.

Nuveen Municipal Income Fund Trading Down 0.2%

Shares of NMI opened at $10.74 on Wednesday. The stock has a 50 day moving average price of $10.87 and a 200 day moving average price of $10.48. Nuveen Municipal Income Fund, Inc. has a one year low of $9.62 and a one year high of $11.28.

Nuveen Municipal Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be issued a dividend of $0.038 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Nuveen Municipal Income Fund Profile

(Free Report)

Nuveen Municipal Income Fund (NYSE: NMI) is a closed-end management investment company that seeks to provide current income exempt from federal income tax. The fund primarily invests in municipal obligations issued by U.S. states, territories and municipalities, as well as certain municipal securities issued outside the United States. By focusing on a diversified portfolio of investment-grade and select below-investment-grade municipal bonds, NMI aims to deliver tax-advantaged income to its shareholders.

The fund’s portfolio typically includes general obligation bonds, revenue bonds and other municipal securities across a broad range of sectors, including transportation, utilities, health care and education.

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Institutional Ownership by Quarter for Nuveen Municipal Income Fund (NYSE:NMI)

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