NMI Research | Milton Maxwell

NMI

Nuveen Municipal Income Fund, Inc.

9.91

-0.10-1%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

101.98M

P/E (TTM)

29.15

Basic EPS (TTM)

0.34

Dividend Yield

0.04%

Recent Filings

8-K

Board consolidation announced

10/13/23Oct 13, 2023

Nuveen Municipal Income Fund announced board consolidation across its fund complex on October 13, 2023, effective January 1, 2024, to streamline oversight and cut costs for shareholders. The board shrinks to 12 members, appointing four independent directors from TIAA-CREF funds—Joseph A. Boateng, Michael A. Forrester, Thomas J. Kenny, and Loren M. Starr—while Jack B. Evans and William C. Hunter retire December 31, 2023. This unification boosts efficiencies in operations and vendor negotiations. Yet, it demands smooth integration.

8-K

Nuveen tightens AMT limits

8/5/16Aug 5, 2016

Nuveen Municipal Income Fund, Inc. revised its investment policy effective August 5, 2016, capping exposure to AMT-subject securities at 20% of managed assets, down from no prior limit. This aligns with uniform standards across Nuveen's municipal closed-end funds, enhancing tax efficiency for investors while maintaining the 80% Names Rule compliance. Changes standardize portfolios. Yet, boards retain flexibility to adjust without shareholder notice.

8-K

NYSE certification omission fixed

3/27/07Mar 27, 2007

On March 21, 2007, the NYSE notified Nuveen Municipal Income Fund of a listing rule violation due to its 2006 Form N-CSR omitting required SOX and NYSE CEO certification disclosures. The fund promptly addressed this by providing the certifications in the 8-K, confirming its CEO's submission to the NYSE and SEC filings under SOX Section 302. It commits to including such details in future annual reports. No trading suspension occurred.

About

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. Its investment portfolio comprises investment in companies operating in various industries, including healthcare, materials, education and civic organizations, and consumer staples. Nuveen Municipal Income Fund was formed on April 20, 1988 and is based in the United States.

CEO

Mr. Johnathan N. Wilhelm

IPO

5/4/1988

Sector

Financial Services

Industry

Asset Management