NMI Stock Overview
Nuveen Municipal Income Fund, Inc. is a closed ended fixed income mutual fund launched by Nuveen Investments Inc.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 1/6 |
Nuveen Municipal Income Fund, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$9.17 |
| 52 Week High | US$10.05 |
| 52 Week Low | US$8.30 |
| Beta | 0.21 |
| 1 Month Change | -2.45% |
| 3 Month Change | -1.57% |
| 1 Year Change | -3.58% |
| 3 Year Change | -20.26% |
| 5 Year Change | -17.01% |
| Change since IPO | -23.58% |
Recent News & Updates
Nuveen Municipal Income Fund declares $0.03 dividend
Feb 07Nuveen Municipal Income Fund declares $0.03 dividend
Dec 06Nuveen Municipal Income Fund declares $0.03 dividend
Nov 04Recent updates
Nuveen Municipal Income Fund declares $0.03 dividend
Feb 07Nuveen Municipal Income Fund declares $0.03 dividend
Dec 06Nuveen Municipal Income Fund declares $0.03 dividend
Nov 04Nuveen Municipal Income Fund declares $0.0275 dividend
Sep 02Nuveen Municipal Income Fund raises monthly dividend by 7.8%
Jul 06Nuveen Municipal Income Fund declares $0.033 dividend
May 10Nuveen Municipal Income Fund declares $0.033 dividend
Jan 05Nuveen Municipal Income Fund declares $0.033 dividend
Dec 02Nuveen Municipal Income Fund declares $0.033 dividend
Nov 03Shareholder Returns
| NMI | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 0.3% | 1.9% | 1.0% |
| 1Y | -3.6% | 28.1% | 21.9% |
Return vs Industry: NMI underperformed the US Capital Markets industry which returned 31.6% over the past year.
Return vs Market: NMI underperformed the US Market which returned 24.9% over the past year.
Price Volatility
| NMI volatility | |
|---|---|
| NMI Average Weekly Movement | 1.0% |
| Capital Markets Industry Average Movement | 3.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: NMI has not had significant price volatility in the past 3 months.
Volatility Over Time: NMI's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1988 | n/a | n/a | www.nuveen.com/CEF/Product/Overview.aspx?FundCode=NMI&refsrc=vu_nuveen.com/nmi |
Nuveen Municipal Income Fund, Inc. is a closed ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal obligations issued by state and local government authorities.
Nuveen Municipal Income Fund, Inc. Fundamentals Summary
| NMI fundamental statistics | |
|---|---|
| Market cap | US$92.12m |
| Earnings (TTM) | US$2.92m |
| Revenue (TTM) | US$4.50m |
31.6x
P/E Ratio20.5x
P/S RatioIs NMI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NMI income statement (TTM) | |
|---|---|
| Revenue | US$4.50m |
| Cost of Revenue | US$0 |
| Gross Profit | US$4.50m |
| Other Expenses | US$1.59m |
| Earnings | US$2.92m |
Last Reported Earnings
Oct 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.29 |
| Gross Margin | 100.00% |
| Net Profit Margin | 64.76% |
| Debt/Equity Ratio | 0% |
How did NMI perform over the long term?
See historical performance and comparison