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NMI

Nuveen Municipal Income Fund NYSE:NMI Stock Report

Last Price

US$8.80

Market Cap

US$88.4m

7D

-2.5%

1Y

0.2%

Updated

23 Sep, 2023

Data

Company Financials

Nuveen Municipal Income Fund, Inc.

NYSE:NMI Stock Report

Mkt Cap: US$88.4m

NMI Stock Overview

Nuveen Municipal Income Fund, Inc. is a closed ended fixed income mutual fund launched by Nuveen Investments Inc.

NMI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends1/6

Nuveen Municipal Income Fund, Inc. Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen Municipal Income Fund
Historical stock prices
Current Share PriceUS$8.80
52 Week HighUS$10.61
52 Week LowUS$8.45
Beta0.17
1 Month Change-5.78%
3 Month Change-6.78%
1 Year Change0.23%
3 Year Change-26.24%
5 Year Change-13.81%
Change since IPO-27.42%

Recent News & Updates

Recent updates

Nuveen Municipal Income Fund declares $0.03 dividend

Feb 07

Nuveen Municipal Income Fund declares $0.03 dividend

Dec 06

Nuveen Municipal Income Fund declares $0.03 dividend

Nov 04

Nuveen Municipal Income Fund declares $0.0275 dividend

Sep 02

Nuveen Municipal Income Fund raises monthly dividend by 7.8%

Jul 06

Nuveen Municipal Income Fund declares $0.033 dividend

May 10

Nuveen Municipal Income Fund declares $0.033 dividend

Jan 05

Nuveen Municipal Income Fund declares $0.033 dividend

Dec 02

Nuveen Municipal Income Fund declares $0.033 dividend

Nov 03

Shareholder Returns

NMIUS Capital MarketsUS Market
7D-2.5%-4.0%-3.1%
1Y0.2%11.0%15.1%

Return vs Industry: NMI underperformed the US Capital Markets industry which returned 11.7% over the past year.

Return vs Market: NMI underperformed the US Market which returned 15.3% over the past year.

Price Volatility

Is NMI's price volatile compared to industry and market?
NMI volatility
NMI Average Weekly Movement2.0%
Capital Markets Industry Average Movement1.3%
Market Average Movement5.5%
10% most volatile stocks in US Market14.2%
10% least volatile stocks in US Market2.5%

Stable Share Price: NMI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: NMI's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988n/an/ahttps://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

How do Nuveen Municipal Income Fund's earnings and revenue compare to its market cap?
NMI fundamental statistics
Market CapUS$88.41m
Earnings (TTM)US$612.55k
Revenue (TTM)US$4.41m

144.3x

P/E Ratio

20.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NMI income statement (TTM)
RevenueUS$4.41m
Cost of RevenueUS$0
Gross ProfitUS$4.41m
Other ExpensesUS$3.79m
EarningsUS$612.55k

Last Reported Earnings

Apr 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.061
Gross Margin100.00%
Net Profit Margin13.90%
Debt/Equity Ratio0.1%

How did NMI perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

564%

Payout Ratio