Musaffa Logo

Our certifications

Independent proof that every stock and portfolio meets halal standards.

How we screen every stock
METHODOLOGY

How we screen every stock

Our 5-step halal methodology, in 90 seconds.

NBB Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 15, 2025

Report Source: 2026 2nd Quarter Report

Nuveen Taxable Municipal Income Fund

Nuveen Taxable Municipal Income Fund. Stock Analysis NBB

United States N/A Small Cap Report:
Nuveen Taxable Municipal Income Fund is a US-based company operating in industry. The company is headquartered in Chicago, Illinois. The company went IPO on 2010-04-28. Nuveen Taxable Municipal Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income through investments in taxable municipal securities. As a secondary objective, the Fund seeks to enhance portfolio value and total return. Under normal circumstances, the Fund will invest at least 80% of its assets in taxable municipal securities. The Fund may invest up to 20% of its assets in securities other than taxable municipal securities, including municipal securities the interest income from which is exempt from regular federal income tax, United States Treasury securities and obligations of the United States Government, its agencies and instrumentalities. The Fund’s investment adviser is Nuveen Fund Advisors, LLC.
Read More

Nuveen Taxable Municipal Income Fund (NBB) Chart

Key Statistics of Nuveen Taxable Municipal Income Fund (NBB)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$15.43$15.54

Today's Open

$15.45

Volume

77.54K

P/E Ratio (TTM)

20.30

52 Week Range

$14.95$16.62

Market Cap

453.27M

Avg. Volume

56.83K

Dividend Yield

6.86%

Financial Metrics & Statements of Nuveen Taxable Municipal Income Fund (NBB)

FAQ's for Nuveen Taxable Municipal Income Fund (NBB)

  • According to Musaffa’s Shariah screening methodology, Nuveen Taxable Municipal Income Fund (NBB) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.
  • A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nuveen Taxable Municipal Income Fund using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Nuveen Taxable Municipal Income Fund if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
  • Musaffa determines the Shariah status of Nuveen Taxable Municipal Income Fund by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
  • The Shariah compliance status of Nuveen Taxable Municipal Income Fund may be updated periodically when new financial statements, earnings reports, or business activity information become available.
  • Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
  • You can check the latest Shariah compliance status of Nuveen Taxable Municipal Income Fund on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Disclaimer

The content provided on this website is intended solely for informational and educational purposes. Musaffa is a technology, data, education, and research company. We are not licensed financial service provider by the authorized relevant financial service regulator in India or any other regulatory government body, and we do not offer or facilitate any trading, brokerage, investment, or financial advisory services. We do not deliberately target an audience seeking financial services.

By accessing this website, you acknowledge and confirm that you are seeking information relating to Musaffa of your own accord, and that there has been no form of solicitation, advertisement, or inducement by Musaffa or its members. Musaffa shall not be liable for the consequences of any action taken by relying on the material or information provided on this website. The contents of this website are the intellectual property of Musaffa.