NBB - Nuveen Taxable Municipal Income Fund
A closed-end fund run by Nuveen. Invests in tax-free municipal bonds. Listed on the New York Stock Exchange.
Is anyone targeting this fund?
Yes - one large investor holds a stake, but it has not asked for changes.
- Sit Investment owns 10.3% as a passive investor. On file since April 5, 2024.
Is the fund doing anything you need to act on?
Nothing right now.
What this means for you
One or more large investors own more than 5% of this fund but have told the regulator they are not seeking changes. That is common for banks, brokers and index funds that hold shares for their clients.
Nothing is required of you. If an investor changes its mind, it must file a new notice within days, and it will show up here.
What happened, and when
-
April 29, 2026
The fund said it may sell new shares.
Original document → -
Oct 31, 2024
The fund said it may sell new shares.
Original document → -
April 5, 2024
Sit Investment now owns 10.3%, as a passive investor.
Original document →
About this fund
- Run by Nuveen Fund Advisors, LLC. Part of the Nuveen fund family. As of March 31, 2026, from the fund's yearly report. Original document →
- Size: about $475 million of holdings, as of June 30, 2026. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund borrows about 5% on top of its own money, as of June 30, 2026. Borrowed money makes gains and losses bigger. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
- Costs: 0.6% a year in management fees; 3.2% a year in total, including interest on borrowed money. Fiscal year ended March 31, 2026. As of March 31, 2026, from the fund's yearly report. Original document →
- Payouts: last fiscal year (ended March 31, 2026) the fund paid $1.16 a share. $1.00 of that was income; $0.16 was your own money back, not income. As of March 31, 2026, from the fund's annual report. Original document →
- Value of holdings per share at the last fiscal year end (March 31, 2026): $16.26. The shares traded at $15.66, about 3.7% below that.
As of March 31, 2026, from the fund's yearly report. Original document →
Over the last two years the gap ranged from 9.9% below to 1.2% below. As of March 31, 2026, from the fund's annual report. Original document → - How the holdings did: up 1.1% over the last three months we have (April-June 2026), before the share price is taken into account. Over the last 12 months: +7%. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
- How the holdings did over the fiscal year (ended March 31, 2026): the value of the holdings returned +5.9%. How the share price did: the shares returned +5.1% over the same year, counting payouts and the change in the market price. As of March 31, 2026, from the fund's annual report. Original document →
- First reported to the regulator in 2010.
+15%-1%
July 2024June 2026
What the fund holds
Almost all tax-free municipal bonds (99%). About 100% issued in the U.S.
- Washington State Convention Center Public Facilities District, Lodging Tax Revenue Bonds, Build America Taxable Bond - 5.9%
- Los Angeles Department of Water and Power, California, Power System Revenue Bonds, Federally Taxable - Direct Payment - Build America Bonds - 5.3%
- Georgia Municipal Electric Authority, Plant Vogtle Units 3 & 4 Project P Bonds, Refunding Taxable Build America Bonds - 4.4%
- Dallas Convention Center Hotel Development Corporation, Texas, Hotel Revenue Bonds, Build America Taxable Bonds - 3.7%
- Metropolitan Washington Airports Authority, Virginia, Dulles Toll Road Revenue Bonds, Dulles Metrorail & Capital improvement Projects, Second Senior L - 3.6%
- Los Angeles County Public Works Financing Authority, California, Lease Revenue Bonds, Mulitple Capital Projects I, Build America Taxable Bond - 2.8%
- Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Taxable - 2.8%
- Chicago Transit Authority, Illinois, Sales Tax Receipts Revenue Bonds, Federally Taxable Build America Bonds - 2.7%
- Charlotte County Industrial Development Authority, Florida, Utility System Revenue Bonds, Town & Country Utilities Project, Taxable - 2.7%
- Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Federally Taxable Issuer Subsidy Build America Bonds - 2.6%
Show all 23
- North Texas Tollway Authority, System Revenue Bonds, Taxble Build America Bond - 2.4%
- South Carolina Public Service Authority, Electric System Revenue Bonds, Santee Cooper, Federally Taxable Build America - 2.4%
- New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal 2011 Taxable Build America Bond Series 2010S-1B - 2.3%
- Illinois Toll Highway Authority, Toll Highway Revenue Bonds, Taxable Build America Bond Senior Lien - 2.3%
- Los Angeles Community College District, California, General Obligation Bonds, Build America Taxable Bonds - 2.2%
- Illinois State, General Obligation Bonds, Taxable Build America Bonds, Series 2010-3 - 2.1%
- New Jersey Turnpike Authority, Revenue Bonds, Build America Taxable Bonds - 2.1%
- Port of Greater Cincinnati Development Authority, Ohio, Special Obligation Tax Increment Financing Revenue Bonds, Cooperative Township Public Parking - 2.1%
- Dormitory Authority of the State of New York, Revenue Bonds, Montefiore Obligated Group, Taxable - 2%
- Tobacco Settlement Finance Authority, West Virginia, Tobacco Settlement Asset-Backed Bonds, Taxable Refunding Class 1 Senior - 1.8%
- Metropolitan Government Nashville & Davidson County Convention Center Authority, Tennessee, Tourism Tax Revenue Bonds, Build America Taxable Bonds, Su - 1.6%
- California Municipal Finance Authority, Mobile Home Park Revenue Bonds, Windsor Mobile Country Club, Taxable Refunding - 1.6%
- California State University, Systemwide Revenue Bonds, Build America Taxable Bond - 1.6%
As of June 30, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
| Date | Investor | Stake | Type of notice |
|---|---|---|---|
| April 5, 2024 | Sit Investment | 10.3% | Passive investor |
| Date | What | Deadline | Document |
|---|---|---|---|
| April 29, 2026 | May sell new shares | none | Original document → |
| Oct 31, 2024 | May sell new shares | none | Original document → |
- Run by
- Nuveen Fund Advisors, LLC
- Fund family
- Nuveen Funds
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-22391
- Auditor
- PricewaterhouseCoopers LLP
- Fiscal year end
- March 31, 2026
- Number of holdings
- 164
- Preferred share classes
- none
Email me when something new is filed for NBB
Free. One email per notice or announcement, usually within a day. No password.