Nuveen Taxable Municipal Income Fund
NBB
58 hedge funds and large institutions have $134M invested in Nuveen Taxable Municipal Income Fund in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 9 closing their positions.
135% more capital inflows, than outflows
Capital inflows: $11.5M | Capital outflows: $4.91M
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
1.13% more ownership
Funds ownership: 23.32% → 24.44% (+1.1%)
0% more funds holding
Funds holding: 58 → 58 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$2.15M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.65M |
| 3 |
Janus Henderson Group
London,
|
+$1.58M |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$979K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$633K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UR
USCA RIA
Houston,
Texas
|
-$1.53M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$546K |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
-$496K |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$432K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$366K |
NBB Hedge Fund Activity: Q1 2018 in Review
58 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q1 2018, worth a combined $134M — down 0.84% from $136M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new NBB positions and 9 closed out — a net gain of 2 holders — while 21 added to existing stakes and 14 trimmed.
The largest buyer was Tortoise Investment Management, adding an estimated $2.15M. The largest seller was USCA RIA, cutting an estimated $1.53M.
- 58 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $134M of Nuveen Taxable Municipal Income Fund stock for Q1 2018, down 0.84% quarter-over-quarter.
- 11 funds opened new Nuveen Taxable Municipal Income Fund positions in Q1 2018 and 9 closed out, a net change of +2 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q1 2018 was Tortoise Investment Management, an estimated $2.15M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q1 2018 was USCA RIA, an estimated $1.53M sold.
Based on aggregated 13F filings for Q1 2018.