Nuveen Municipal Income (NUMI)
Nuveen Municipal Income operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $24.86, up 0.02% on the session, giving a market capitalisation of $83.8M. Its beta of 0.17 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: