Performance analysis of NMI (Nuveen Municipal Income Fund)
Annual Return
Over the past 3 years, NMI has had an average annual return of +8.46%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, NMI has had an average annual return of +2.69%, underperforming the benchmark SPY, which returned +13.88% annual.
Over the past 10 years, NMI has had an average annual return of +2.55%, underperforming the benchmark SPY, which returned +15.44% annual.
Since Nov 1, 1999, NMI has had an average annual return of +4.84%, underperforming the benchmark SPY, which returned +8.56% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +11.65% | +10.52% | +7.02% | +1.88% | -15.08% | +3.86% | +4.71% | +16% | -8.06% | +7.49% | -2.50% | +5.13% |
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| +23.48% | -12.13% | +10.07% | +18.23% | -1.01% | +21.45% | -3.99% | +2.67% | +8.62% | +9.66% | +7.83% | +1.92% |
| 2002 | 2001 | 2000 | 1999 | ||||||||
| -3.58% | -0.45% | +18.63% | -3.48% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.78% | +0.27% | +5.32% | -4.11% | +7.13% | +2.11% | +11.65% | ||||||
| 2025 | +4.88% | +1.51% | -0.62% | -1.03% | +1.11% | +3.27% | -1.22% | -2.04% | +3.09% | +1.80% | +0.18% | -0.62% | +10.52% |
| 2024 | +2.75% | -1.86% | +3% | -2.80% | +1.37% | +6.52% | +3.08% | +1.65% | -1.20% | -3.22% | +0.19% | -2.20% | +7.02% |
| 2023 | +5.75% | -3.43% | -1.57% | +0.85% | +2.85% | -1.93% | +4.80% | -6.08% | -6.40% | -2.55% | +5.64% | +5.06% | +1.88% |
| 2022 | -5.71% | -3.46% | -3.23% | -5.72% | +3.36% | -4.37% | +3.22% | -2.45% | -5.97% | -1.50% | +6.80% | +3.87% | -15.08% |
| 2021 | +1.18% | -1.72% | +1.80% | +1.43% | +0.81% | +2.10% | +0.84% | +0% | +1.35% | -2.70% | +3.68% | -4.67% | +3.86% |
| 2020 | +3.43% | -1.07% | -1.17% | -8.92% | +2.57% | +2.41% | +6.76% | +2.89% | +1.96% | -4.60% | +1.80% | -0.49% | +4.71% |
| 2019 | +5.09% | +1.75% | +1.54% | +1.80% | +1.51% | +0.77% | +2.01% | +0.58% | +0.66% | -1.17% | -0.93% | +1.45% | +16% |
| 2018 | -3.56% | -0.82% | +6.26% | -3.36% | +2.05% | -0.73% | -1.36% | -2.12% | -5.32% | -0.82% | +1.54% | +0.36% | -8.06% |
| 2017 | +3.66% | +1.39% | +4.82% | +0.97% | -3.41% | -0.75% | +1.54% | -1.09% | -1.03% | -0.35% | +0.18% | +1.58% | +7.49% |
Drawdown analysis of NMI (Nuveen Municipal Income Fund)
The maximum drawdown for the NMI was -28.91%, occurring on Oct 24, 2022. Recovery took 679 trading sessions.
The current NMI drawdown is -1.06%.
Since Nov 1, 1999 NMI has experienced the following drawdowns:
- 20% or more: 3 times
- 10% or more: 15 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.91% | Dec 21, 2021 | 211 | Oct 24, 2022 | 679 | Jul 11, 2025 | 890 |
| -22.57% | Mar 13, 2013 | 110 | Aug 19, 2013 | 332 | Dec 11, 2014 | 442 |
| -20.89% | May 30, 2008 | 92 | Oct 9, 2008 | 136 | Apr 27, 2009 | 228 |
| -19.97% | Mar 5, 2020 | 9 | Mar 18, 2020 | 8 | Mar 30, 2020 | 17 |
| -18.02% | Apr 7, 2017 | 377 | Oct 5, 2018 | 215 | Aug 15, 2019 | 592 |
| -17.54% | Aug 29, 2001 | 286 | Oct 23, 2002 | 143 | May 20, 2003 | 429 |
| -16.27% | Oct 11, 2016 | 36 | Dec 1, 2016 | 87 | Apr 7, 2017 | 123 |
| -15.15% | Nov 5, 2010 | 48 | Jan 14, 2011 | 179 | Sep 30, 2011 | 227 |
| -13.51% | Mar 19, 2004 | 37 | May 12, 2004 | 176 | Jan 24, 2005 | 213 |
| -13.09% | Mar 30, 2020 | 23 | May 1, 2020 | 84 | Aug 31, 2020 | 107 |
| -12.93% | May 6, 2015 | 77 | Aug 25, 2015 | 83 | Dec 22, 2015 | 160 |
| -11.67% | May 22, 2003 | 85 | Sep 23, 2003 | 123 | Mar 19, 2004 | 208 |
| -11.64% | Nov 8, 1999 | 21 | Dec 8, 1999 | 48 | Feb 16, 2000 | 69 |
| -11.23% | Aug 19, 2005 | 39 | Oct 14, 2005 | 284 | Nov 30, 2006 | 323 |
| -10.96% | Apr 21, 2026 | 9 | May 4, 2026 | Ongoing | Ongoing | Ongoing |
| -9.00% | May 15, 2007 | 131 | Nov 19, 2007 | 20 | Dec 18, 2007 | 151 |
| -8.70% | Jul 11, 2025 | 36 | Sep 2, 2025 | 145 | Mar 31, 2026 | 181 |
| -8.64% | Feb 4, 2005 | 32 | Mar 23, 2005 | 40 | May 19, 2005 | 72 |
| -8.11% | Oct 8, 2009 | 5 | Oct 15, 2009 | 39 | Dec 10, 2009 | 44 |
| -7.87% | Jun 22, 2016 | 55 | Sep 9, 2016 | 22 | Oct 11, 2016 | 77 |
| -7.38% | Sep 8, 2000 | 67 | Dec 13, 2000 | 14 | Jan 4, 2001 | 81 |
| -6.94% | Sep 18, 2020 | 64 | Dec 18, 2020 | 117 | Jun 9, 2021 | 181 |
| -6.70% | Oct 2, 2012 | 53 | Dec 19, 2012 | 24 | Jan 25, 2013 | 77 |
| -6.40% | Mar 6, 2012 | 8 | Mar 16, 2012 | 38 | May 10, 2012 | 46 |
| -6.34% | Jan 31, 2001 | 57 | Apr 24, 2001 | 14 | May 14, 2001 | 71 |