MARKET

NMI

NMI

Nuveen Municipal Income
NYSE
9.22
+0.05
+0.49%
Opening 11:25 04/23 EDT
OPEN
9.22
PREV CLOSE
9.17
HIGH
9.27
LOW
9.20
VOLUME
27.50K
TURNOVER
0
52 WEEK HIGH
10.05
52 WEEK LOW
8.12
TOTAL ASSET
99.51M
YTD YIELD
5.12%
1D
5D
1M
3M
1Y
5Y
Weekly Report: what happened at NMI last week (0415-0419)?
Weekly Report · 1d ago
'Higher For Longer' Redux Implications For Income Portfolios
The Fed is expected to make fewer rate cuts in 2024 than earlier expected due to a rebound in inflation readings and a strong labor market. In September of 2022 we highlighted the implication of a "higher for longer" Fed policy for income portfolios. Compared to last year, credit spreads are significantly tighter and short-term rates are flat.
Seeking Alpha · 3d ago
Weekly Report: what happened at NMI last week (0408-0412)?
Weekly Report · 04/15 09:33
Weekly Report: what happened at NMI last week (0401-0405)?
Weekly Report · 04/08 09:35
Nuveen Municipal Income Fund declares $0.036 dividend
Seeking Alpha · 04/03 13:29
Weekly Report: what happened at NMI last week (0325-0329)?
Weekly Report · 04/01 09:34
Weekly Report: what happened at NMI last week (0318-0322)?
Weekly Report · 03/25 09:35
NMI: Why This Unleveraged Muni CEF Makes Sense Now
The Nuveen Municipal Income is trading at a 4.65% yield and a 7.5% discount. Despite the expectation of the Fed cutting the policy rate, unleveraged muni CEFs remain attractive options in income portfolios. NMI is a small fund with a modest 8.7 duration with a portfolio of GO and revenue bonds. The fund's net income will remain significantly more efficient than that of leveraged CEFs.
Seeking Alpha · 03/22 15:31
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Profile
Fund Name
Nuveen Municipal Income
Inception Date
1988-04-20
Benchmark
S&P Municipal Bond TR
Advisor Company
Nuveen Fund Advisors LLC
Custodian
State Street Bank and Trust Co
Manager
Stephen Candido, Kristen DeJong, Christopher Drahn, Michael Hamilton, Scott Romans