Company overview
Understand the business
Nuveen Taxable Municipal Income Fund (NBB) is a U.S.-domiciled closed-end investment fund. NBB invests mainly in taxable municipal securities. It provides exposure to municipal borrowers, but its taxable mandate differs from funds designed to distribute federally tax-exempt municipal income.
Primary earnings measures
Reported fund net investment income per common share, with its exact reporting period, is the core income measure shown here. Realized gains, unrealized changes and distributions are separate measures.
How the company supports its distribution
Bond interest, less expenses and financing costs, is the central recurring income source. A declared distribution can include gains or return of capital as well as investment income; its amount is not an earnings figure.