Nuveen Municipal Income Fund is registered as a diversified closed-end management investment company. The Fund's primary investment objective is to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities and certain United States territories. The NMI stock yearly return is shown above.
The yearly return on the NMI stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2021 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the NMI annual return calculation with any dividends reinvested as applicable (on ex-dates).
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