STOCK TITAN

Nuveen Municipal Income - NMI STOCK NEWS

Welcome to our dedicated page for Nuveen Municipal Income news (Ticker: NMI), a resource for investors and traders seeking the latest updates and insights on Nuveen Municipal Income stock.

Nuveen Municipal Income Fund Inc. (NMI) is a diversified closed-end management investment company with a focus on providing current income exempt from regular federal income tax. Managed by Nuveen, one of the world's largest asset managers, the fund invests in a portfolio of municipal obligations issued by state and local government authorities or certain U.S. territories.

Nuveen serves a diverse clientele, including institutions, financial intermediaries, and individual investors across more than 30 countries. Their investment expertise spans across the capital structure with a recognition in income generation, alternative investments, and responsible investing. The firm's award-winning capabilities cover both public and private asset classes.

Nuveen's approach is characterized by a diversity of thought, leveraging a network of specialized investment teams with independent processes and best-in-class expertise. The firm is backed by the substantial size and scale of its parent company, TIAA, honoring a legacy of over 100 years of service and innovation. This legacy is founded on enduring principles established by John Nuveen and Andrew Carnegie, which continue to inspire the firm’s vision.

By collaborating closely with advisors and consultants, Nuveen crafts outcome-focused solutions designed to help investors achieve a more secure financial future. This unique position allows Nuveen Municipal Income Fund Inc. to contribute meaningfully to the financial stability and growth of its investors.

Rhea-AI Summary
Nuveen Municipal Income Fund approves investment policy changes, allowing more flexibility to invest in lower rated municipal securities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
Tags
none

FAQ

What is the current stock price of Nuveen Municipal Income (NMI)?

The current stock price of Nuveen Municipal Income (NMI) is $9.14 as of April 16, 2024.

What is the market cap of Nuveen Municipal Income (NMI)?

The market cap of Nuveen Municipal Income (NMI) is approximately 91.9M.

What is Nuveen Municipal Income Fund Inc. (NMI)?

NMI is a diversified closed-end management investment company aiming to provide current income exempt from regular federal income tax.

What types of investments does NMI focus on?

NMI invests in a portfolio of municipal obligations issued by state and local government authorities or certain U.S. territories.

Who manages Nuveen Municipal Income Fund Inc.?

The fund is managed by Nuveen, one of the world's largest asset managers.

What is Nuveen known for?

Nuveen is recognized for its expertise in income generation, alternative investments, and responsible investing.

How long has Nuveen been in operation?

Nuveen has over 100 years of legacy, established on principles by John Nuveen and Andrew Carnegie.

What is the investment objective of NMI?

The investment objective is to provide current income exempt from regular federal income tax.

In how many countries does Nuveen serve clients?

Nuveen serves clients in more than 30 countries.

What is Nuveen's investment approach?

Nuveen's investment approach is characterized by diversity of thought and a network of specialized investment teams with independent processes.

Who is Nuveen's parent company?

Nuveen is the investment manager of TIAA.

How does Nuveen help investors?

Nuveen creates outcome-focused solutions in partnership with advisors and consultants to help investors achieve a secure financial future.

Nuveen Municipal Income

NYSE:NMI

NMI Rankings

NMI Stock Data

91.87M
10.05M
16.57%
0.08%
Asset Management
Financial Services
Link
United States of America
Chicago