NEW YORK--(BUSINESS WIRE)--The Nuveen Taxable Municipal Income Fund (NYSE:NBB) has declared a post-merger distribution.
The following dates apply to today's distribution declaration:
Record Date |
November 29, 2018 | |||||
Ex-Dividend Date |
November 28, 2018 |
|||||
Payable Date |
December 6, 2018 |
Ticker | Exchange | Fund Name |
Taxable Distribution |
|||||
NBB | NYSE | Nuveen Taxable Municipal Income Fund | $.0708 | |||||
As previously announced, NBB acquired the Nuveen Build America Bond Opportunity Fund (NYSE: NBD). That merger was completed on November 19, 2018. The post-merger distribution will be equal to or greater than all shareholders’ prior monthly distribution. Distributions are sourced entirely from net investment income, unless noted otherwise.
About Nuveen
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $988 billion in assets under management as of 9/30/18 and operations in 16 countries. Its affiliates offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.
The information contained on the Nuveen website is not a part of this press release.
Nuveen Securities, LLC, member FINRA and SIPC.
672267-INV-O-11/20