NYSE · Asset Management · USD

Nuveen Municipal Income Fund, Inc. (NMI) Stock Analysis

Nuveen Municipal Income Fund, Inc. (NMI) is a Asset Management stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

NMI

$9.38

+$0.03 (+0.32%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NMI Key Statistics

As of Oct 21, 2026

Trading

Open: $9.40
Previous Close: $9.35
Day's Range: 9.33–9.44
52-Week Range: 9.10–11.28
Volume: 118.16K
Beta: 0.33

Valuation

P/E Ratio: 16.46
EPS (ttm): 0.57

Financials (FY)

Revenue (FY): $3.21M−77.03%
Net Income (FY): $3.07M−77.58%
Profit margin: 108.36%
1-Year Return: −3.16%

Dividend and dates

Dividend: $0.46+4.88%
Ex-Dividend Date: September 15, 2026
Avg Volume: 39.32K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, NMI closed at $9.38, −3.16% over 1 year.

In fiscal 2025, NMI reported revenue of $3.21M.

NMI Stock Return by Calendar Year

Nuveen Municipal Income Fund, Inc. (NMI) 10-year return: what $10,000 became

1 year: $10,000 $9,684; −3.16%
5 years: $10,000 $9,936; −0.64%
10 years: $10,000 $11,186; +11.86%

If you had invested $10,000 in Nuveen Municipal Income Fund, Inc. (NMI) 10 years ago, at the close on October 21, 2016, it would have been worth $11,186 at the close on October 21, 2026: +11.86% in total, +1.13% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+16.02%−14.97%−3.11%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−3.11%
2025	+10.52%
2024	+7.03%
2023	+1.93%
2022	−14.97%
2021	+3.86%
2020	+4.70%
2019	+16.02%
2018	−8.06%
2017	+7.55%
2016 (partial year)	−8.75%

As of October 21, 2026.

NMI Revenue and Earnings by Fiscal Year

FY ends October

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$3.21M	$3.07M	95.7%
2024	$13.97M	$13.70M	98.1%
2023	$3.04M	$2.92M	95.9%
2022	−$17.01M	−$17.13M	100.7%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$3.21M	—	—	$3.07M	95.7%
2024	$13.97M	—	—	$13.70M	98.1%
2023	$3.04M	—	—	$2.92M	95.9%
2022	−$17.01M	—	—	−$17.13M	100.7%

Annual figures as reported, in the company's reporting currency. As of October 31, 2025.

NMI Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$0.46+4.6% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$0.34	9	—
2025	$0.46	12	+4.6%
2024	$0.44	12	+16.6%
2023	$0.37	12	+8.4%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.34	9	—
2025	$0.46	12	+4.6%
2024	$0.44	12	+16.6%
2023	$0.37	12	+8.4%
2022	$0.35	12	−6.8%
2021	$0.37	12	−8.0%
2020	$0.40	12	−14.1%
2019	$0.47	12	−9.8%
2018	$0.52	12	+5.3%
2017	$0.49	12	+480.0%
2016	$0.09	2	—

Most recent payment: $0.04 per share, ex-dividend September 15, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NMI Valuation vs Asset Management Median

Median of 512 stocks

Metric	NMI	Asset Management median	vs median
P/E	16.46	9.44	74% above
Profit margin	108.36%	74.97%	33.4 pts above

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

The record here covers Nuveen Municipal Income Fund, Inc., ticker NMI. It is classified in the Asset Management industry, within the Financial Services sector.

The 52-week range on file runs from $9.10 to $11.28. NMI last closed at $9.38 on October 21, 2026. That is +$0.03 (+0.32%) against the previous close. The latest close sits 3.08% above that 52-week low.

Financial Health

In fiscal 2025, Nuveen Municipal Income Fund, Inc. reported revenue of $3.21M. That is −77.03% against the prior fiscal year, when revenue was $13.97M. The same year closed with net income of $3.07M. That is −77.58% against the prior fiscal year. The reported profit margin is 108.36%. That is 33.4 percentage points above the Asset Management median of 74.97%. Trailing earnings per share are 0.57.

Across the 4 fiscal years on file, revenue moves from −$17.01M in 2022 to $3.21M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 16.46. That is 74.36% above the Asset Management median of 9.44. The medians here are taken across 512 Asset Management companies that report the metric.

The reported beta is 0.33. Daily returns over the trailing 10 years annualize to a volatility of 15.08%. Over the trailing twelve months the total return is −3.16%. Measured over 10 years, that is +1.13% a year compounded.

Growth & Income

The trailing dividend yield is 4.88%. That is 4 percentage points below the Asset Management median yield of 8.91%. At the indicated rate that is $0.46 a share a year. The ex-dividend date on file is September 15, 2026. Dividends are recorded for 11 calendar years; 2026 shows 9 payments totalling $0.34 a share. The year before, 2025, totalled $0.46 a share.

2026 is still running; the total return is −3.11% year to date. The strongest complete calendar year on file is 2019 at +16.02%; the weakest is 2022 at −14.97%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

Nuveen Municipal Income Fund, Inc. (NMI) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Nuveen Municipal Income Fund, Inc.	NMI	—	16.5
BlackRock, Inc.	BLK	$184.31B	25.8
Blackstone Inc.	BX	$127.43B	23.9
Brookfield Corporation	BN	$83.74B	69.5

The Asset Management industry average P/E ratio is 9.4x. Nuveen Municipal Income Fund, Inc. trades at a P/E of 16.5.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Nuveen Municipal Income Fund, Inc.

Nuveen Municipal Income Fund, Inc. is a closed ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal obligations issued by state and local government authorities. Its investment portfolio comprises investment in companies operating in various industries, including healthcare, materials, education and civic organizations, and consumer staples. Nuveen Municipal Income Fund was formed on April 20, 1988 and is based in the United States.