Nuveen Municipal Income (NUMI)
Nuveen Municipal Income operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $23.56, down 1.05% on the session, giving a market capitalisation of $79.4M. Its beta of 0.16 implies it has historically moved less than the broad market.
This actively managed fund primarily invests in high-quality, long-term municipal bonds, typically maintaining an average maturity exceeding ten years. A substantial team of credit experts diligently searches for value by exploiting inefficiencies within the municipal bond market, aiming to deliver the highest possible level of tax-exempt income and capital growth to investors.
Nuveen Municipal Income is most often compared with the following Financial Services names: