NUVEEN MUNICIPAL INCOME (NMI) Stock Price, Forecast & Analysis

Can you describe the business of NUVEEN MUNICIPAL INCOME?

Nuveen Municipal Income Fund Inc is a US-based company operating in industry. The company is headquartered in Chicago, Illinois. Nuveen Municipal Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is a high level of current income exempt from federal income tax, which the Fund seeks to achieve by investing primarily in a diversified portfolio of tax-exempt municipal obligations. Under normal circumstances, the Fund will invest at least 80% of its assets in municipal securities and other related investments, the income from which is exempt from regular federal income taxes. The company may invest up to 20% of its Managed Assets in municipal securities that pay interest that is taxable under the federal alternative minimum tax. The company may invest up to 15% of its Managed Assets in inverse floating rate securities. The Fund's portfolio includes tax obligation/limited, transportation, education and civic organizations, utilities, long term care, tax obligation/general, consumer staples and industrials. Nuveen Fund Advisors, LLC is the Fund's investment adviser.

What is the stock price of NUVEEN MUNICIPAL INCOME today?

The current stock price of NMI is 10.03 USD. The price increased by 0.3% in the last trading session.

What is the ChartMill rating of NUVEEN MUNICIPAL INCOME stock?

NMI has a ChartMill Technical rating of 4 out of 10 and a ChartMill Fundamental rating of 3 out of 10.