Nuveen Taxable Municipal Income Fund (NBB)
The Nuveen Taxable Municipal Income Fund, previously identified as the Nuveen Build America Bond Fund, operates as a closed-end mutual fund concentrated on fixed-income investments. This U.S.-domiciled fund, established by Nuveen Investments, Inc. on December 4, 2009, is jointly overseen by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It primarily allocates capital within the United States' fixed income markets, specifically targeting Build America Bonds, which are taxable municipal securities. A portion of its portfolio may also be directed toward derivative instruments. The fund employs a comprehensive fundamental analysis strategy, integrating both bottom-up and top-down security selection methodologies to construct its holdings. Its investment performance is measured against the Barclays Capital Build America Bond Index.
Industry: Asset Management - Income
Nuveen Taxable Municipal Income Fund
NYSE:NBBFinancial Services · Asset Management - Income
-0.49%$14.30
AH Close$14.30+0.00%vs close
AH Close$14.30+0.00%vs close
Mkt Cap$420.34M
Float29.39M
O/S29.39M
Inst Own46.1%
SI0.4%
Div Yield8.10%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$38.18M
Net Income$27.38M
Total Assets$697.43M
Free Cash Flow$32.02M
Debt & Equity
Debt 31%
Equity 69%
Total Debt$216.09M
Total Equity$477.82M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in NBB's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$697.43M
Liabilities$219.61M
Accounts Receivable$14.35M
Accounts Payable$2.83M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 |
| Revenue | $38.18M | $36.21M | $32.34M | -$51.9M | -$24.68M | $91.95M | -$7.35M | $21.67M | $47.78M | $36.1M | $31.08M | $42.62M | $43.14M | $42.26M |
| YoY Growth | 5.4% | 12.0% | -162.3% | 110.3% | -126.8% | -1351.4% | -133.9% | -54.6% | 32.3% | 16.2% | -27.1% | -1.2% | 2.1% | - |
| Cost of Revenue | $4.97M | $12.37M | $12.62M | $5.2M | $6.13M | $5.71M | $5.73M | $5.2M | $4.93M | $5M | $4.95M | $6.32M | $6.18M | $6.34M |
| Gross Profit | $33.21M | $23.84M | $32.34M | -$57.1M | -$30.82M | $86.23M | -$13.08M | $16.47M | $42.85M | $31.1M | $26.13M | $36.3M | $36.96M | $35.92M |
| Gross Margin | 87.0% | 65.8% | 100.0% | 110.0% | 124.8% | 93.8% | 178.0% | 76.0% | 89.7% | 86.1% | 84.1% | 85.2% | 85.7% | 85.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $645K | $329K | $356K | $335K | $366K | $359K | $339K | $319K | $0 | $0 | $0 | $0 | $0 |
| Other | -$4.58M | $19 | $1K | -$131.2M | $1K | $193 | $158 | $249 | $126 | $13.32M | $16.59M | $93K | $70K | $110K |
| Total Operating Expenses | -$4.58M | $645K | $330K | $356K | $336K | $366K | $359K | $339K | $319K | $13.32M | $16.59M | $93K | $70K | $110K |
| Operating Income (EBIT) | $37.79M | $23.19M | $32.01M | -$52.25M | -$22.97M | $91.58M | -$2.68M | $24.36M | $50.2M | $17.78M | $9.54M | $36.2M | $36.89M | $35.81M |
| Operating Margin | 99.0% | 64.0% | 99.0% | 100.7% | 93.1% | 99.6% | 36.5% | 112.4% | 105.1% | 49.2% | 30.7% | 84.9% | 85.5% | 84.7% |
| Interest Expense | $10.42M | $12.37M | $12.62M | $7.95M | $2.05M | $2.33M | $5.1M | $3.78M | $2.74M | $1.97M | $1.24M | $45.02M | -$30.26M | $31.13M |
| Interest Income | $42.33M | $40.33M | $39.24M | $40.87M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$10.42M | -$12.37M | -$12.62M | -$7.95M | -$2.05M | $0 | $3.03M | $2.27M | $4.93M | -$1.97M | -$1.24M | $45.02M | -$30.26M | $31.14M |
| Income Before Tax (EBT) | $27.38M | $23.19M | $32.01M | -$52.25M | -$25.02M | $91.58M | -$7.78M | $20.58M | $47.46M | $15.81M | $8.3M | $81.22M | $6.63M | $66.95M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | -$53K | $0 | $0 | $0 | $0 | $0 |
| Net Income | $27.38M | $23.19M | $32.01M | -$52.25M | -$25.02M | $91.58M | -$7.78M | $20.58M | $47.46M | $15.81M | $8.3M | $81.22M | $6.63M | $66.95M |
| Net Income Margin | 71.7% | 64.0% | 99.0% | 100.7% | 101.4% | 99.6% | 105.9% | 95.0% | 99.3% | 43.8% | 26.7% | 190.6% | 15.4% | 158.4% |
| Supplementary Data | ||||||||||||||
| EPS | 0.93 | 0.79 | 1.09 | -1.83 | -0.87 | 3.30 | -0.28 | 0.63 | 1.79 | 0.60 | 0.31 | 3.07 | 0.25 | 2.53 |
| Diluted EPS | 0.93 | 0.79 | 1.09 | -1.75 | -0.87 | 3.30 | -0.28 | 0.63 | 1.79 | 0.60 | 0.31 | 3.07 | 0.25 | 2.53 |
| Weighted Average OS | 29.39M | 29.39M | 29.39M | 28.55M | 28.61M | 27.73M | 27.36M | 32.67M | 26.46M | 26.46M | 26.46M | 26.46M | 26.46M | 26.46M |
| EBITDA | $37.79M | $23.19M | $44.63M | -$52.25M | -$22.73M | $91.58M | $0 | $24.36M | $50.2M | $15.81M | $8.3M | $126.24M | -$23.63M | $98.08M |
| EBITDA Margin | 99.0% | 64.0% | 138.0% | 100.7% | 92.1% | 99.6% | - | 112.4% | 105.1% | 43.8% | 26.7% | 296.2% | -54.8% | 232.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $345K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $39K | -$603K | $0 | $0 | $0 |
| Short-Term Investments | $9.03M | $4.75M | $0 | $5.65M | $0 | $6.42M | $0 | $0 | $2.41M | $0 | $603K | $0 | $0 | $0 |
| Cash and Short-Term Investments | $9.38M | $0 | $1.43M | $5.65M | $0 | $6.42M | $0 | $0 | $2.41M | $39K | $603K | $0 | $0 | $0 |
| Accounts Receivable | $14.35M | $136.91M | $13.47M | $13.99M | $14.71M | $15.62M | $32.38M | $12.91M | $11.62M | $11.85M | $11.83M | $6.46M | $240K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | -$14.9M | -$19.64M | -$14.71M | -$22.05M | -$32.38M | -$12.91M | -$14.03M | -$11.89M | -$12.44M | $0 | $0 | $0 |
| Total Current Assets | $23.73M | $136.91M | $20.44M | $13.99M | $14.71M | $15.62M | $32.38M | $12.91M | $11.62M | $0 | $0 | $6.46M | $240K | $0 |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $669.32M | $699.44M | $712.7M | $711.55M | $851.4M | $861.97M | $738.58M | $735.42M | $704.28M | $687.48M | $707.21M | $0 | $722.45M | $732.8M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $4.38M | $709.14M | -$712.7M | -$711.55M | -$851.4M | -$861.97M | -$738.58M | -$735.42M | -$704.28M | $10.39M | -$707.21M | $0 | -$722.45M | -$732.8M |
| Total Long-Term Assets | $673.7M | $709.14M | $712.7M | $711.55M | $851.4M | $861.97M | $738.58M | $735.42M | $704.28M | $0 | $722.53M | $0 | $722.45M | $0 |
| Other Assets | $0 | $0 | $0 | $10.05M | $8.28M | $9.38M | $15.77M | $7.92M | $6.72M | $709.76M | $734.96M | $0 | $12.27M | $745.7M |
| Total Assets | $697.43M | $846.05M | $733.14M | $735.59M | $874.39M | $886.97M | $786.74M | $756.25M | $722.62M | $709.76M | $734.96M | $0 | $734.96M | $745.7M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $2.83M | $2.9M | $2.29M | $6.59M | $3.07M | $5.31M | $5.07M | $2.91M | $2.68M | $0 | $0 | $1.07M | $0 | $1.3M |
| Short-Term Debt | $198.02M | $0 | $199.03M | $0 | $260.42M | $230.73M | $200.01M | $115.42M | $0 | $90.17M | $89.5M | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $196.74M | -$182.35M | -$257.35M | -$225.42M | -$200.01M | -$115.42M | -$90.17M | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$3.39M | $127.22M | -$398.95M | $180.53M | -$4.32M | -$5.31M | -$205.08M | -$118.33M | -$2.94M | -$84.78M | -$81.7M | -$1.07M | $7.78M | $4.2M |
| Total Current Liabilities | $198.02M | $2.9M | $3.17M | $6.59M | $3.07M | $5.31M | $205.75M | $119.06M | $3.56M | $5.4M | $7.8M | $1.07M | $7.78M | $5.5M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $18.07M | $197.51M | $36.81M | $188.86M | $0 | $0 | $200.01M | $115.42M | $0 | $47.7M | $53.09M | $0 | $142.59M | $142.1M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $3.51M | $161.15M | -$36.81M | -$188.86M | $0 | $0 | -$200.01M | -$115.42M | $0 | $90.2M | $89.51M | $0 | $0 | $0 |
| Total Long-Term Liabilities | $21.59M | $358.66M | $36.81M | $188.86M | $260.42M | $230.73M | $36.81M | $53.09M | $137.88M | $137.9M | $142.6M | $1.91M | $142.59M | $142.1M |
| Other Liabilities | $0 | $0 | $239.16M | $39.36M | $38.81M | $37.77M | $0 | $0 | $0 | $28K | -$33K | $0 | $0 | $0 |
| Total Liabilities | $219.61M | $361.56M | $239.16M | $234.81M | $302.3M | $273.8M | $242.56M | $172.15M | $141.44M | $143.33M | $150.37M | $2.99M | $150.37M | $147.6M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $294K | $294K | $294K | $294K | $286K | $277K | $274K | $274K | $265K | $265K | $265K | $0 | $265K | $300K |
| Retained Earnings | -$50.32M | -$48.28M | -$45.71M | -$39.75M | $45.83M | $107.03M | $46.46M | $86.23M | -$6.1M | -$5.17M | -$4.04M | $0 | -$13.39M | -$15.8M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $45.83M | $107.03M | $46.46M | $86.23M | $82.88M | $67.2M | $84.23M | $109.88M | $109.88M | $109.5M |
| Other Stockholders' Equity | $527.85M | $532.48M | $539.4M | $540.24M | $525.97M | $505.86M | $497.44M | $497.59M | $587.02M | $571.34M | $588.37M | $109.88M | $597.72M | $613.6M |
| Total Equity | $477.82M | $484.49M | $493.98M | $500.78M | $572.09M | $613.16M | $544.17M | $584.1M | $581.19M | $566.43M | $584.6M | $109.88M | $584.6M | $598.1M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $697.43M | $846.05M | $733.14M | $735.59M | $874.39M | $886.97M | $786.74M | $756.25M | $722.62M | $709.76M | $734.96M | $112.87M | $734.96M | $745.7M |
| Supplementary Data | ||||||||||||||
| Total Debt | $216.09M | $197.51M | $235.84M | $188.86M | $260.42M | $230.73M | $200.01M | $115.42M | $90.17M | $137.88M | $142.59M | $0 | $142.59M | $142.1M |
| Net Debt | $215.75M | $197.51M | $237.27M | $188.86M | $260.42M | $230.73M | $200.01M | $115.42M | $90.17M | $137.84M | $143.19M | $0 | $142.59M | $142.1M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 | 2019-03-31 | 2018-03-31 | 2017-03-31 | 2016-03-31 | 2015-03-31 | 2014-03-31 | 2013-03-31 |
| Operating Activities | ||||||||||||||
| Net Income | $27.38M | $23.19M | $32.01M | -$52.25M | -$25.02M | $91.58M | -$7.78M | $20.58M | $47.46M | $15.81M | $8.3M | $81.22M | $6.63M | $66.95M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | -$443K | -$434K | $516K | $720K | $914K | $17.25M | -$19.47M | $1.78M | $231K | -$15K | $6.86M | -$6.22M | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$8K | -$1K | -$4.39M | $4.27M | -$2.59M | $167K | $2.5M | $38K | $13K | -$4K | -$1.08M | -$1.07M | $1.3M | $0 |
| Other Working Capital | -$262K | -$235K | -$2.16M | $2.39M | $1.15M | $111K | -$80K | -$258K | $3.76M | $4.39M | -$4.62M | $16.91M | -$1.4M | $0 |
| Total Working Capital Change | -$714K | -$670K | -$6.03M | $7.38M | -$525K | $17.53M | -$17.05M | $1.56M | $4M | $4.37M | $1.16M | $9.62M | -$100K | -$46.2M |
| Other Non-Cash Items | $5.35M | $8.63M | $17.23M | $139.85M | $10.57M | -$123.39M | -$3.16M | $142.26M | -$18.8M | $22.08M | $12.74M | -$58.17M | $30.37M | -$31.15M |
| Net Cash from Operating | $32.02M | $31.15M | $43.21M | $94.98M | -$14.97M | -$14.27M | -$27.99M | $164.4M | $32.66M | $42.24M | $27.98M | $32.67M | $36.9M | -$10.4M |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$41.83M | -$71.17M | -$38.1M | -$38.84M | -$69.95M | -$176.1M | -$123.13M | -$29.77M | -$43.88M | -$78.3M | -$109.69M | $0 | $0 | $0 |
| Sales of Investments | $66.59M | $74.84M | $15.52M | $58.62M | $11.32M | $77.79M | $140.86M | $172.88M | $40.96M | $74.41M | $121.85M | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $15.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $24.77M | $3.67M | -$22.58M | $19.79M | -$58.63M | -$98.31M | $17.72M | $143.11M | -$2.92M | -$3.89M | $12.16M | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | $18.73M | $995K | -$10.88M | $73.18M | -$29.75M | -$30.49M | -$68.31M | -$13.24M | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $2K | $0 | $13.98M | $19.29M | $7.26M | $0 | $142.86M | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$142.86M | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$34.06M | -$32.04M | -$38.76M | -$34.09M | -$35M | -$30.09M | -$32.47M | -$34.94M | -$32.7M | -$34.2M | -$35.81M | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | -$176K | -$17K | $0 | -$142.86M | $0 | -$4.71M | -$3.73M | -$32.67M | -$36.9M | $10.4M |
| Net Cash from Financing | -$52.74M | -$33.04M | -$27.89M | -$93.29M | $13.87M | $7.64M | $35.84M | -$164.55M | -$32.7M | -$38.92M | -$39.55M | -$32.67M | -$36.9M | $10.4M |
| Forex Effect | -$3.7M | $0 | $0 | $0 | $58.63M | $98.31M | -$17.72M | -$141.76M | $2.92M | $603K | $0 | $0 | $0 | $0 |
| Net Change in Cash | $345K | -$1.88M | -$3.06M | $1.69M | -$1.1M | -$6.64M | $7.85M | $1.2M | -$39K | $39K | $603K | $0 | $0 | $0 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $32.02M | $31.15M | $43.21M | $94.98M | -$14.97M | -$14.27M | -$27.99M | $164.4M | $32.66M | $42.24M | $27.98M | $32.67M | $36.9M | -$10.4M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $32.02M | $31.15M | $43.21M | $94.98M | -$14.97M | -$14.27M | -$27.99M | $164.4M | $32.66M | $42.24M | $27.98M | $32.67M | $36.9M | -$10.4M |
| Cash at Beginning | $0 | $6.62M | $9.67M | $7.98M | $9.09M | $15.72M | $7.87M | $6.67M | $39K | $4 | $0 | $0 | $0 | $0 |
| Cash at End | $345K | $4.74M | $6.62M | $9.67M | $7.98M | $9.09M | $15.72M | $7.87M | $0 | $39K | $603K | $0 | $0 | $0 |