Is Nuveen Municipal Income Fund, Inc. overvalued?

Nuveen Municipal Income Fund, Inc. (NMI) looks overvalued — trading about 9% above its fair value.

Overvalued

Price

$10.96

Fair value

$9.92

Current P/E

13.6

Normal P/E

12.3

Market cap

$112.7M

Dividend yield

4.5%

Return on equity

2.7%

Sector

Financial Services

Fair value compares NMI's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.

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