NBB Nuveen Taxable Municipal Income Fund

XNYS
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Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

NBB — —
Key stats
About
Exchange
XNYS
Market Cap
$0.4B
List Date
2010-04-28
CIK
0001478888
Homepage
https://www.nuveen.com

Nuveen Taxable Municipal Income Fund is a closed-end fund incorporated in the United States. Its primary objective is current income through investments in taxable municipal securities; the secondary objective is to seek enhanced portfolio value and total return. The fund has single operating segment.

Fund profile
Expense ratio
—
Assets
$418M
shares × price, Oct 21, 2026
Trailing yield
—
Average daily volume
$1.5M
30 sessions
Holdings
—
Listed
Apr 28, 2010
NYSE
FrenzyCap ETF score
48
how it is built
Costn/a
Liquidity39
Scale60
Diversificationn/a

Moves with. US large-cap stocks (14% of its variance, beta 0.31); Long Treasuries (12% of its variance, beta 0.30); Developed markets ex-US over US (4% of its variance, beta 0.20). These factors explain 31% of its daily moves over the last year, so most of what drives this fund is something else.

Overlap toolAll National Muni ETFs

Similar funds
FundOverlapFeeAssets1Y
MUBiShares National Muni Bond ETF—0.05%$52.1B−4.7%compare
VTEBVanguard Tax-Exempt Bond Index Fund—0.03%$50.4B−5.0%compare
JMUBJPMorgan Municipal ETF—0.18%$8.7B−4.9%compare
CGMUCapital Group Municipal Income ETF—0.27%$7.2B−3.8%compare
PZAInvesco National AMT-Free Municipal Bond ETF—0.28%$4.1B−7.7%compare

The largest other funds in the National Muni category.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
Month'21'22'23'24'25'26Avg
Jan0.77%-4.52%5.57%2.42%5.58%1.27%1.85%
Feb-5.29%-4.33%-4.94%-4.57%2.77%3.41%-2.16%
Mar-0.53%-5.93%-0.25%-1.29%-2.73%-4.04%-2.46%
Apr1.07%-7.65%0.31%-3.94%-2.12%1.21%-1.85%
May0.22%2.13%-4.05%2.32%-0.32%0.32%0.10%
Jun2.14%-5.47%1.29%3.26%1.09%-0.32%0.33%
Jul0.99%2.50%-0.38%5.62%-1.07%-3.37%0.71%
Aug-0.97%-2.51%-1.36%1.53%-0.13%0.79%-0.44%
Sep-2.26%-10.75%-4.53%-0.06%1.76%-6.42%-3.71%
Oct-0.13%-4.33%-2.11%-2.69%1.53%0.07%*-1.28%
Nov-1.99%6.44%6.75%1.24%-0.79%--2.33%
Dec-0.92%-3.86%3.34%-9.05%-3.07%---2.71%
Total-6.89%-33.11%-1.13%-5.97%2.18%-7.24%-8.69%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $14.16
SMA 50: $14.76
SMA 200: $15.49
Current: $14.31
EMA 12: $14.20
EMA 26: $14.35
MACD: -0.1442 | Signal: 0.0591
BEARISH
ADX (14): 36.01
TREND
+DI: 14.91
−DI: 24.00

Momentum Oscillators

RSI (14): 48.04
NEUTRAL
Stoch %K: 64.48
Stoch %D: 59.86
Williams %R: -28.59

Volume & Volatility

BB Upper: $14.37
BB Lower: $13.95
NEUTRAL
OBV: 419,809
Vol SMA 20: 112,503
Vol ROC: -60.07%
ATR: $0.19
True Range: $0.09
HV 20: 13.3%
HV 30: 15.5%
HV 60: 12.5%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Here is a comprehensive stock analysis report for NBB:

Executive Summary

BULLISH (Confidence level: 6/10)

Key drivers: Technical indicators suggest a potential trend reversal, with RSI in neutral territory and MACD signal line crossovers indicating bearish momentum. News sentiment is neutral, but recent headlines highlight the fund's consistent performance.

Primary risks: Volatility remains low, making it challenging to predict significant price movements.

Investment thesis: NBB's historical volatility suggests a relatively stable investment opportunity, with potential for long-term appreciation. Recent news highlights its consistent performance and tax-efficient features.

Recent news sentiment impact: Neutral headlines have not significantly impacted the stock price, suggesting investors are focused on underlying fundamentals.

Technical Analysis

Trend Direction: Short-term (1-4 weeks) - neutral to bearish; Medium-term (1-3 months) - bullish; Long-term (3-12 months) - neutral

Support/Resistance Levels: SMA 20: $15.64, SMA 50: $15.70, and Bollinger Bands upper/lower: $15.82/$15.47

Momentum Signals

  • RSI interpretation: Neutral (43.03), suggesting no clear buying or selling pressure
  • MACD signal: Bearish momentum (-0.02 / -0.01 / -0.02)
  • Bollinger Bands position: Squeeze, indicating potential breakout/breakdown

Volume Analysis: Volume trends suggest institutional interest is low to moderate.

News & Sentiment Analysis

Recent Headlines Summary: Neutral headlines from Seeking Alpha highlighting NBB's consistent performance and tax-efficient features.

Sentiment Assessment: Aggregate news sentiment is neutral (6/10).

Catalyst Identification: No specific earnings or product launch announcements. Regulatory changes could impact the muni bond market, affecting NBB's value.

Market Narrative: News headlines align with technical signals, suggesting a potential trend reversal and increased investor interest.

Risk & Volatility Assessment

Beta Interpretation: Low risk relative to market (beta: 0.28).

Volatility Regime: Current volatility is low compared to historical levels.

Options Market Signals: No options data available.

Downside Protection: Support levels include SMA 20, SMA 50, and Bollinger Bands lower band at $15.47.

Market Context & Positioning

Sector Performance: NBB's sector (Muni Bonds) has been relatively stable in recent months.

Institutional Activity: Low to moderate institutional interest suggests potential for increased investor participation.

Correlation Analysis: NBB moves less than the broader market, indicating low correlation.

Relative Valuation: NBB is trading within its historical range, suggesting a potentially attractive entry point.

Key Levels & Action Items

Critical Price Levels: SMA 20: $15.64, SMA 50: $15.70, and Bollinger Bands upper/lower: $15.82/$15.47

Breakout/Breakdown Levels: Watch for potential breakouts above the upper Bollinger Band or breakdowns below the lower band.

Time-Sensitive Catalysts: No specific earnings or product launch announcements.

Risk Management: Consider using stop-loss levels at SMA 20 and SMA 50 to manage risk.

Please note that this analysis is based on publicly available data and should not be considered as investment advice.

Generated

NBB Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.3150
Alpha: -17.86%
Correlation: 0.3811
R-Squared: 14.5%
Stock Volatility: 10.5%
Market Volatility: 12.8%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own NBB
1 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Rockefeller Capital Management Family office
Rockefeller family
$393K
0.00%
#2216 of 4729+407.3%13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

NBB Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

78 filers13,498,071 shares$212.82M value
# Filer Shares Value % of Total % of Float Period
1 SIT INVESTMENT ASSOCIATES INC 3,809,746 $60.12M 28.25% — 2026-06-30
2 Morgan Stanley Custodian 2,342,990 $36.97M 17.37% — 2026-06-30
3 Raymond James Financial, Inc. Custodian 1,297,230 $20.47M 9.62% — 2026-06-30
4 Eagle Bluffs Wealth Management LLC 944,136 $14.99M 7.04% — 2026-06-30
5 UBS Group AG Custodian 760,233 $12.00M 5.64% — 2026-06-30
6 LaSalle St. Investment Advisors, LLC 624,081 $9.85M 4.63% — 2026-06-30
7 Bank of America Corp Custodian 555,537 $8.77M 4.12% — 2026-06-30
8 M&T Bank Corp Custodian 418,814 $6.61M 3.11% — 2026-06-30
9 Wells Fargo & Company Custodian 356,690 $5.63M 2.64% — 2026-06-30
10 Invesco Ltd. Custodian 255,234 $4.03M 1.89% — 2026-06-30
11 LPL Financial LLC Custodian 239,185 $3.77M 1.77% — 2026-06-30
12 Baird Financial Group, Inc. 155,134 $2.45M 1.15% — 2026-06-30
13 Ameriprise Financial, Inc. Custodian 145,717 $2.30M 1.08% — 2026-06-30
14 RIVERBRIDGE PARTNERS LLC 145,001 $2.29M 1.08% — 2026-06-30
15 First Trust Advisors LP 77,164 $1.22M 0.57% — 2026-06-30
16 GUGGENHEIM CAPITAL LLC 67,515 $1.07M 0.50% — 2026-06-30
17 GILL CAPITAL PARTNERS, LLC 71,896 $1.03M 0.48% — 2026-09-30
18 TRUIST FINANCIAL CORP Custodian 64,999 $1.03M 0.48% — 2026-06-30
19 Bruce G. Allen Investments, LLC 58,372 $921.12K 0.43% — 2026-06-30
20 Cetera Investment Advisers Custodian 55,124 $869.86K 0.41% — 2026-06-30
21 WEDBUSH SECURITIES INC 52,799 $833.00K 0.39% — 2026-06-30
22 Envestnet Asset Management, Inc. 48,678 $768.14K 0.36% — 2026-06-30
23 Intellus Advisors LLC 46,423 $732.56K 0.34% — 2026-06-30
24 Stratos Wealth Partners, LTD. 45,607 $719.69K 0.34% — 2026-06-30
25 Noble Wealth Management PBC 46,205 $660.27K 0.31% — 2026-09-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

NBB Insider Trading (Form 4)

Latest: 2026-03-06
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-03-06 William A Siffermann Vice President Buy (P) +75 $16.20 $1.2K EDGAR
2019-05-13 Gifford R Zimmerman Secretary Sell (S) −858 $20.82 -$17.9K EDGAR
2018-11-20 William A Siffermann Vice President Other (J) +324 — EDGAR
2018-11-20 Gifford R Zimmerman Secretary Other (J) +858 — EDGAR
2017-05-15 Nuveen Fund Advisors, LLC Sell (S) −5,250 $20.73 -$108.8K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

NBB Insider Holdings

1 insider · @ $14.31
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 William A Siffermann Vice President 615 $8.8K $1.2K 2 2026-03-06
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
ETF Holders
4 ETFs hold NBB
4 shown · $4.53M total exposure · 0.93% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 PCEF Invesco CEF Income Composite ETF Invesco 0.45% $3.3M — 2026-10-20
2 FCEF First Trust Income Opportunities ETF First Trust 0.93% $739,184 $79.6M 2026-10-20
3 CCEF Calamos CEF Income & Arbitrage ETF Nport 0.93% $314,467 — 2026-07-31
4 CVY Invesco Zacks Multi-Asset Income ETF Nport 0.11% $133,589 — 2026-07-31
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.