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Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nuveen Taxable Municipal Income Fund

XNBBX | Fund

$16.19

$524 M

0.00%

1.31%

Vitals

YTD Return

-4.8%

1 yr return

-3.9%

3 Yr Avg Return

-10.3%

5 Yr Avg Return

-5.0%

Net Assets

$524 M

Holdings in Top 10

22.8%

52 WEEK LOW AND HIGH

$16.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.31%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 1.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Closed-end mutual fund

Name

As of 04/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nuveen Taxable Municipal Income Fund

XNBBX | Fund

$16.19

$524 M

0.00%

1.31%

XNBBX - Profile

Distributions

  • YTD Total Return -4.8%
  • 3 Yr Annualized Total Return -10.3%
  • 5 Yr Annualized Total Return -5.0%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 5.46%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen Taxable Municipal Income Fund
  • Fund Family Name
    Nuveen
  • Inception Date
    Apr 28, 2010
  • Shares Outstanding
    28621105
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    John Miller

Fund Description

XNBBX - Performance

Return Ranking - Trailing

Period XNBBX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.8% -7.2% -0.7% 18.75%
1 Yr -3.9% -5.9% 2.7% 71.88%
3 Yr -10.3%* -12.4% 34.2% 96.88%
5 Yr -5.0%* -7.1% 24.5% 96.77%
10 Yr 0.2%* -0.3% 13.5% 96.15%

* Annualized

Return Ranking - Calendar

Period XNBBX Return Category Return Low Category Return High Rank in Category (%)
2023 4.5% 0.4% 6.0% 40.63%
2022 -27.9% -31.0% 111.9% 28.13%
2021 -1.3% -8.2% -0.4% 12.50%
2020 4.3% 1.9% 12.2% 61.29%
2019 5.3% 1.2% 19.0% 96.67%

Total Return Ranking - Trailing

Period XNBBX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.8% -7.2% -0.7% 18.75%
1 Yr -3.9% -5.9% 2.7% 71.88%
3 Yr -10.3%* -12.4% 34.2% 96.88%
5 Yr -5.0%* -7.1% 24.5% 96.77%
10 Yr 0.2%* -0.3% 13.5% 96.15%

* Annualized

Total Return Ranking - Calendar

Period XNBBX Return Category Return Low Category Return High Rank in Category (%)
2023 4.5% 0.4% 11.2% 96.88%
2022 -27.9% -31.0% 121.2% 93.75%
2021 -1.3% -2.9% 3.1% 43.75%
2020 4.3% 4.2% 18.6% 96.77%
2019 8.5% 4.6% 24.6% 96.67%

NAV & Total Return History

XNBBX - Holdings

Concentration Analysis

XNBBX Category Low Category High XNBBX % Rank
Net Assets 524 M 10.2 M 15.5 B 65.63%
Number of Holdings 155 38 3560 96.88%
Net Assets in Top 10 199 M 3.78 M 1.85 B 56.25%
Weighting of Top 10 22.83% 3.1% 62.2% 40.63%

Top 10 Holdings

  1. NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5.6% 4.35%
  2. SAN FRANCISCO CALIF CITY & CNTY CTFS PARTN 6.49% 3.92%
  3. WASHINGTON ST CONVENTION CTR PUB FACS DIST 6.79% 3.80%
  4. LOS ANGELES CALIF DEPT WTR & PWR REV 6.6% 3.07%
  5. MUNICIPAL ELEC AUTH GA 7.055% 2.97%
  6. LOS ANGELES CALIF CMNTY COLLEGE DIST 6.6% 2.57%
  7. NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5.88% 2.50%
  8. MASSACHUSETTS ST TRANSN FD REV 5.73% 2.48%
  9. SEATTLE WASH MUN LT & PWR REV 5.57% 2.32%
  10. OKLAHOMA DEV FIN AUTH HEALTH SYS REV 5.45% 2.28%

Asset Allocation

Weighting Return Low Return High XNBBX % Rank
Bonds 		99.45% 70.45% 153.92% 21.88%
Cash 		0.55% -2.42% 13.97% 87.50%
Stocks 		0.00% 0.00% 8.98% 96.88%
Preferred Stocks 		0.00% 0.00% 20.08% 96.88%
Other 		0.00% -46.24% 5.65% 71.88%
Convertible Bonds 		0.00% 0.00% 2.97% 100.00%

Bond Sector Breakdown

Weighting Return Low Return High XNBBX % Rank
Municipal 		99.04% 0.00% 99.04% 3.13%
Cash & Equivalents 		0.55% 0.00% 9.40% 40.63%
Corporate 		0.41% 0.41% 98.94% 100.00%
Derivative 		0.00% -0.82% 5.65% 78.13%
Securitized 		0.00% 0.00% 4.69% 100.00%
Government 		0.00% 0.00% 46.64% 100.00%

Bond Geographic Breakdown

Weighting Return Low Return High XNBBX % Rank
US 		99.45% 70.45% 152.04% 21.88%
Non US 		0.00% 0.00% 4.26% 96.88%

XNBBX - Expenses

Operational Fees

XNBBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.31% 0.04% 2.88% 21.88%
Management Fee 0.45% 0.03% 0.65% 50.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.40% N/A

Sales Fees

XNBBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.75% 4.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

XNBBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

XNBBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 1.00% 1.00% 85.00% 3.33%

XNBBX - Distributions

Dividend Yield Analysis

XNBBX Category Low Category High XNBBX % Rank
Dividend Yield 0.00% 0.00% 6.55% 100.00%

Dividend Distribution Analysis

XNBBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

XNBBX Category Low Category High XNBBX % Rank
Net Income Ratio 5.46% 2.10% 5.46% 3.13%

Capital Gain Distribution Analysis

XNBBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

XNBBX - Fund Manager Analysis

Managers

John Miller

Start Date

Tenure

Tenure Rank

Apr 28, 2010

12.1

12.1%

John leads the municipals fixed income strategic direction and investment perspectives for Nuveen. He also manages several municipal bond strategies and closed-end funds. John is a trusted public voice in discussing key issues and trends within the municipal market. He is a frequent guest on CNBC, Bloomberg Television and Fox Business News. His perspective is often sought out by leading industry media such as The Wall Street Journal, Barron’s, Bloomberg News and Morningstar. Before being named the co-head of fixed income in 2011, he was chief investment officer for the firm’s municipal bond team starting in 2007. He was named a managing director and head of portfolio management for Nuveen Asset Management in 2006. John became a portfolio manager in 2000 after starting at the firm as a municipal credit analyst in 1996. He began working in the financial industry at a private account management firm in 1993. John earned a B.A. in Economics and Political Science from Duke University, an M.A. in Economics from Northwestern University and an M.B.A. in Finance with honors from the University of Chicago. He holds the Chartered Financial Analyst designation and is a member of the CFA institute and the CFA society of Chicago. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA institute.

Daniel Close

Start Date

Tenure

Tenure Rank

Apr 28, 2010

12.1

12.1%

Dan is the lead portfolio manager for the firm’s taxable municipal strategies. He manages several state-specific municipal bond strategies, including Georgia, Kentucky, Michigan, North Carolina, Ohio and Tennessee, and related institutional portfolios. Dan also serves as portfolio manager for the inflation-protected strategy and national closed-end funds. Prior to his current position, he served as a research analyst covering the corporate-backed, energy, transportation and utilities sectors. Before joining the firm in 2000, he worked as an analyst at Banc of America Securities specializing in originating and structuring asset-backed securities. Dan received a BS in business from Miami University in Ohio and an MBA at the J.L. Kellogg School of Management at Northwestern University. He also holds the Chartered Financial Analyst® designation and is a member of the CFA® Institute and the CFA Society of Chicago. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.67 17.42 8.03 6.25

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