The Technical Analyst
Nuveen Taxable Municipal [NBB]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Nuveen Taxable Municipal Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.40% $14.94
America/New_York / 9 mai 2024 @ 11:28
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 439.16 mill |
| EPS: | -1.830 |
| P/E: | -8.16 |
| Earnings Date: | N/A |
| SharesOutstanding: | 29.39 mill |
| Avg Daily Volume: | 0.0656 mill |
| RATING 2024-05-08 |
|---|
| C |
| Sell |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Neutral | |
| P/E: | Strong Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 1/21 | 3/21 | 1/22 | 3/22 | 1/23 | 3/23 | |
| Revenue | n/a | n/a | ||||
| Gr.Profit | n/a | n/a | ||||
| Ebit | n/a | n/a | ||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -8.16 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -0.41x |
| Company: PE -8.16 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-6.98 (-146.73%) $-21.92 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
$ 14.81 - 15.07 ( +/- 0.85%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-02-28 | Ramsay Mary Beth | Buy | 0 | |
| 2024-02-28 | Nelson James N Iii | Buy | 0 | |
| 2024-01-01 | Forrester Michael A | Buy | 0 | |
| 2024-01-01 | Starr Loren M | Buy | 0 | |
| 2024-01-01 | Boateng Joseph A | Buy | 0 |
| INSIDER POWER |
|---|
| 0.00 |
| Last 5 transactions |
| Buy: 1 183 | Sell: 6 109 |
Forecast:
13:07 - $14.91
Live Trading Signals (every 1 min)
Forecast
1: 11:37 - $14.94
Forecast 2: 12:27 - $14.93
Forecast 3: 13:07 - $14.91
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $14.94 (0.40% ) |
| Volume | 0.0124 mill |
| Avg. Vol. | 0.0656 mill |
| % of Avg. Vol | 18.86 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For NBB
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
NBB
Nuveen Taxable Municipal Income Fund 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 also invests some portion of its portfolio in derivative instruments. It invests in Build America Bonds, i.e. taxable municipal securities. The fund employs fundamental analysis with bottom-up and top-down stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the Barclays Capital Build America Bond Index. The fund was formerly known as Nuveen Build America Bond Fund. Nuveen Taxable Municipal Income Fund was formed on December 4, 2009 and is domiciled in the United States.
Latest Press Releases
2023-12-15 16:15:00 - Press Release
Two Nuveen Closed-end Funds Declare Distributions
New york--(business wire)--two nuveen closed-end funds have declared additional cash distributions with the record, ex-dividend and payable date outlined below. the following dates apply to today's distribution declarations for the following taxable closed-end funds: record date december 27, 2023 ex-dividend date december 26, 2023 payable date december 29, 2023 taxable per share distribution amount ordinary short-term long-term ticker exchange fund name income capital gain capital gain.
2023-12-01 16:15:00 - Press Release
Nuveen Closed-end Funds Declare Distributions And Updates To Distribution Policies
New york--(business wire)--nuveen closed-end funds today announced that the board of trustees of the funds has approved the regular monthly and quarterly distributions. in addition, the board of trustees has approved updated distribution polices described below under “monthly & quarterly distributions” for the nuveen preferred & income opportunities fund (nyse: jpc), nuveen preferred and income term fund (nyse: jpi), nuveen variable rate preferred & income fund (nyse: npfd), nuveen.
2023-05-31 08:30:00 - Press Release
Nuveen Closed-end Funds Complete Previously Announced Portfolio Management Team Updates
New york--(business wire)--as previously announced on april 10, 2023, john v. miller effective today is no longer a portfolio manager for nuveen municipal high income opportunity fund (nyse: nmz), nuveen taxable municipal income fund (nyse: nbb), nuveen municipal credit opportunities fund (nyse: nmco), and nuveen dynamic municipal opportunities fund (nyse: ndmo). there are no additional changes to the portfolio management teams, which are as follows: daniel close and stephen candido continue to.
2023-04-10 08:30:00 - Press Release
Nuveen Closed-end Funds Announce Updates To Certain Portfolio Management Teams
New york , april 10, 2023 /prnewswire/ -- effective immediately, portfolio manager responsibilities for nuveen municipal high income opportunity fund (nyse: nmz), nuveen taxable municipal income fund (nyse: nbb), nuveen municipal credit opportunities fund (nyse: nmco), and nuveen dynamic municipal opportunities fund (nyse: ndmo) have been updated.
Latest News
2024-04-26 04:01:12 - Seeking Alpha
Dissecting The Current CEF Sell-Off And Opportunities
We take a look at the shape of the current CEF sell-off. The sell-off has followed a similar pattern to previous instances, with equity funds falling more than fixed-income funds, leveraged funds underperforming and discounts widening. Longer-duration assets may become more compelling as longer-term rates rise, and investors should consider adding them to their portfolios.
2024-01-10 18:30:29 - Seeking Alpha
The Month In Closed-End Funds: December 2023
For the second consecutive month, both equity (+3.42% on a NAV basis) and fixed income (+3.14%) CEFs on average posted plus-side returns. At month end, 9% of all CEFs traded at a premium to their NAV, with 9% of equity CEFs and 8% of fixed income CEFs trading in premium territory. Developed Markets CEFs (+6.45%), for the second straight month, outpaced the other classifications in the equity CEF universe for December.
2024-01-05 14:32:39 - Seeking Alpha
NBB: Yield Is Low Versus Alternatives And Bonds Are Overpriced
The Nuveen Taxable Municipal Income Fund has a lower current yield compared to other comparable closed-end fixed-income funds. The NBB closed-end fund's price performance has been worse than the ICE BofAML US Taxable Municipal Securities Index over the past five years. The NBB fund's use of leverage and exposure to states with strained finances pose risks for investors.
2023-08-30 21:23:24 - Seeking Alpha
NBB: A Few Reasons Why I'm More Bullish Going Forward (Rating Upgrade)
Nuveen Taxable Municipal Income Fund is currently undervalued with a discount to NAV of almost 9%. Taxable munis offer higher income compared to tax-exempt munis, making them attractive for investors in lower tax brackets. NBB has maintained its distribution in the short-term, providing reassurance to investors despite the challenges posed by the inverted yield curve.
2023-04-13 03:30:28 - Seeking Alpha
NBB: Still A Reasonable Option In 2023, But Income Cuts Hurt (Rating Downgrade)
NBB has had a pretty strong 2023 so far and is in positive territory since my last bullish review. The fund did see an income cut in January, which was not a great sign. Then this month, we were hit with another cut announcement. This makes me less bullish on the fund.
2023-02-11 09:00:00 - Seeking Alpha
How This Income Method Could Lead To Financial Freedom
We will go over our thesis as to how a diversified income method with low volatility could make you financially independent. We regularly write about multi-basket income strategies with an in-built hedging mechanism to keep the drawdowns to a minimum. They provide not only consistent income but also long-term growth with 30% less volatility.
2023-01-21 05:43:40 - Seeking Alpha
CEF Weekly Review: Key CEF Lessons Of 2022
We review closed-end fund market valuation and performance through the second week of January and highlight recent market action. CEFs continue to power ahead, stringing together two strong weeks in a row.
2023-01-14 09:00:00 - Seeking Alpha
The 8% Income Portfolio: 2022 Year-End Review
Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-on-cost basis.
2022-12-09 08:00:00 - Seeking Alpha
BBN Vs. NBB: Comparing Taxable CEFs From Different Managers
The BlackRock Taxable Municipal Bond Trust benchmarks against the Bloomberg Taxable Municipal Bond USD index. The Nuveen Taxable Municipal Income Fund benchmarks against the same benchmark. I wasn't able to find information on the benchmark, but not critical since both are actively managed.
2022-06-21 02:13:51 - Seeking Alpha
NBB: Hard Not To Like This Taxable Muni Fund At This Price
The municipal bond sector has been hit very hard in 2022. While this is unnerving, I believe it offers long-term investors an opportunity for buys. NBB in particular looks attractive because it has a discount to NAV nearing 8%, and it is relatively cheaper than its chief CEF rival.