Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | -1.07% | -7.64% | -10.60% | -12.95% | -11.96% | -14.98% | -0.80% | -9.33% | -4.23% | -2.18% |
| Market-price total return | -1.07% | -7.03% | -8.89% | -9.64% | -6.94% | -8.51% | +7.25% | -2.60% | +2.12% | +4.48% |
| NAV return | +1.08% | -2.66% | -5.95% | -8.36% | -8.47% | -10.33% | -1.88% | -8.01% | -3.92% | -1.73% |
| NAV total return | +1.08% | -2.04% | -4.20% | -4.96% | -3.39% | -3.68% | +5.73% | -1.46% | +2.23% | +4.67% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.10% | 0.07% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.11% | 0.09% | as above |
| Volatility, 5 years | 0.14% | 0.10% | as above |
| Maximum drawdown, 3 years | -11.39% | -8.16% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.29 | 0.23 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.41 | 0.33 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 1.49 | — | MUB (U.S. municipal bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.55 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Nuveen Taxable Municipal Income Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.