Nuveen Taxable Municipal Income Fund
NBB
83 hedge funds and large institutions have $182M invested in Nuveen Taxable Municipal Income Fund in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 22 reducing their positions, and 9 closing their positions.
270% more capital inflows, than outflows
Capital inflows: $18M | Capital outflows: $4.86M
27% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 22
2.85% more ownership
Funds ownership: 37.47% → 40.32% (+2.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
1% less funds holding
Funds holding: 84 → 83 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.82M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.53M |
| 3 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$739K |
| 4 |
EBWM
Eagle Bluffs Wealth Management
Columbia,
Missouri
|
+$639K |
| 5 |
Morgan Stanley
New York
|
+$638K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Guggenheim Capital
Chicago,
Illinois
|
-$935K |
| 2 |
Stratos Wealth Partners
Beachwood,
Ohio
|
-$841K |
| 3 |
LPL Financial
San Diego,
California
|
-$563K |
| 4 |
TW
Transform Wealth
Greenwood Village,
Colorado
|
-$332K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$285K |
NBB Hedge Fund Activity: Q1 2024 in Review
83 of the 6,963 institutional investors tracked by Wall St. Rank reported a position in Nuveen Taxable Municipal Income Fund (NBB) for Q1 2024, worth a combined $182M — up 4.4% from $174M a quarter earlier.
Fund positioning in NBB was balanced in Q1 2024: 9 funds opened new positions, 9 closed out, 28 added to existing stakes and 22 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $5.82M. The largest seller was Guggenheim Capital, cutting an estimated $935K.
- 83 institutional investors held Nuveen Taxable Municipal Income Fund (NBB) as of Q1 2024, down from 84 in Q4 2023.
- Funds reported $182M of Nuveen Taxable Municipal Income Fund stock for Q1 2024, up 4.4% quarter-over-quarter.
- 9 funds opened new Nuveen Taxable Municipal Income Fund positions in Q1 2024 and 9 closed out, a net change of 0 holders.
- The largest Nuveen Taxable Municipal Income Fund buyer in Q1 2024 was Sit Investment Associates, an estimated $5.82M added.
- The largest Nuveen Taxable Municipal Income Fund seller in Q1 2024 was Guggenheim Capital, an estimated $935K sold.
Based on aggregated 13F filings for Q1 2024.