Nuveen Taxable Municipal Income Fund

# Nuveen Taxable Municipal Income Fund

A closed-end fixed income mutual fund managed by Nuveen Investments, Inc., NBB pools capital from investors to purchase taxable municipal securities, primarily Build America Bonds issued in the United States. The fund employs a dual-manager structure, with portfolio oversight shared between Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. Investment decisions combine fundamental analysis with both bottom-up security selection and top-down macroeconomic positioning to construct a diversified municipal bond portfolio. The fund also utilizes derivative instruments as part of its investment strategy and measures its performance against the Barclays Capital Build America Bond Index.

Launched in December 2009 and originally branded as the Nuveen Build America Bond Fund, NBB operates as a vehicle for fixed income investors seeking municipal bond exposure with tax characteristics distinct from traditional tax-exempt municipal bonds. As a closed-end fund, it issues a fixed number of shares traded on the New York Stock Exchange rather than offering daily redemptions like open-end mutual funds. The fund is incorporated in Massachusetts and maintains domicile in the United States, serving a national investor base through its NYSE listing.