AI brief of an SEC Form 8-K · NUVEEN MUNICIPAL INCOME FUND INC (NMI)

Nuveen Municipal Income Fund adopts 20% limit on AMT-taxed securities, effective Aug. 5, 2016

Neutral Impact 2 of 5 other Written later

Effective August 5, 2016, Nuveen Municipal Income Fund, Inc. (NMI) adopted a new investment policy limiting securities subject to the federal alternative minimum tax to no more than 20% of managed assets. The fund previously had no limit on such securities, so the change adds a new restriction on its holdings as part of a uniform 20% limit across Nuveen's municipal funds.

Key points

  • NMI's prior AMT exposure limit was 'No Limit'; the new limit is 20% of managed assets.
  • The change is effective August 5, 2016, and is one of many Nuveen municipal closed-end fund policy changes in the filing.
  • The new policy replaces the fund's old investment policy on AMT securities, per the filing.

The filing

CompanyNUVEEN MUNICIPAL INCOME FUND INC (NMI)
Form8-K, current report
Filed with the SECAug 5, 2016, 2:19 PM ET
Accession number0001193125-16-673275

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2016.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.