Nuveen Taxable Municipal Income Fund (NYSE:NBB) Short Interest Down 42.6% in July

Posted by Brian Himes on Aug 19th, 2026

Nuveen Taxable Municipal Income Fund (NYSE:NBB – Get Free Report) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 11,746 shares, a decline of 42.6% from the July 15th total of 20,478 shares. Based on an average daily volume of 45,456 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. bought a new position in shares of Nuveen Taxable Municipal Income Fund during the 2nd quarter valued at about $56,000. International Assets Investment Management LLC bought a new position in shares of Nuveen Taxable Municipal Income Fund in the fourth quarter valued at $81,000. Fifth Third Bancorp purchased a new stake in Nuveen Taxable Municipal Income Fund during the first quarter valued at about $82,000. Caitlin John LLC purchased a new position in Nuveen Taxable Municipal Income Fund during the 2nd quarter worth approximately $118,000. Finally, Mystic Asset Management Inc. acquired a new stake in Nuveen Taxable Municipal Income Fund during the 2nd quarter valued at $158,000.

Nuveen Taxable Municipal Income Fund Stock Up 0.5%

NBB stock opened at $15.39 on Wednesday. The company has a 50-day simple moving average of $15.49 and a 200 day simple moving average of $15.72. Nuveen Taxable Municipal Income Fund has a fifty-two week low of $14.95 and a fifty-two week high of $16.62.

Nuveen Taxable Municipal Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be issued a $0.0965 dividend. The ex-dividend date is Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 7.5%.

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.