Nuveen Municipal Income Fund Inc. Common Stock (NMI)

FairStock Score: 39/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at NMI not as an operating business but as a closed-end municipal bond fund. It owns U.S. state and local government obligations, with sector exposure listed to healthcare, materials, and education. That gives it a narrow competitive moat at best; Nuveen's management and the fund's municipal mandate are the main attractions, not pricing power. On the numbers provided, the price is $9.20 at the 2026-10-13 close, against a market cap of $116.7M. FairStock calculates a P/E of 16.14, using the dataset's EPS input of $0.57, for which no period is stated, a P/B of 0.93, an ROE of 5.72%, and a ROCE of 2.79%. Those are not the returns of a high-quality compounder. The dividend yield is 4.96%, and the beta is 0.33, so the income stream may be the primary reason to look. Valuation is more interesting: the Graham Number is $11.28, giving an 18.44% margin of safety by FairStock's calculation, and the shares trade below book. But the Piotroski F-Score is 0/9, the FairStock Score is 39/100, and the Lynch category is none because there are only 0 years of filed annual results. Revenue and profit growth are N/A, so I have no track record to underwrite. The 52-week range is $9.10-$11.28, putting the price near the low end. In Graham terms, I see a modest asset discount and decent yield, but weak quality and insufficient history. I would demand a wider discount before calling it a true bargain.

In plain English: Nuveen Municipal Income Fund owns city and state government bonds, mainly in areas like healthcare, materials, and education. The fund looks weak on recent profit measures and has very little filed history to judge, but its market price is slightly below the value of its assets. Overall, it looks modestly cheap on asset value, not a clear bargain.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer