0001193125-23-255623.txt : 20231013 0001193125-23-255623.hdr.sgml : 20231013 20231013064408 ACCESSION NUMBER: 0001193125-23-255623 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20231013 DATE AS OF CHANGE: 20231013 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NUVEEN MUNICIPAL INCOME FUND INC CENTRAL INDEX KEY: 0000830271 IRS NUMBER: 363566347 STATE OF INCORPORATION: MN FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-237289 FILM NUMBER: 231323840 BUSINESS ADDRESS: STREET 1: 333 W WACKER DR CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3129178200 MAIL ADDRESS: STREET 1: 333 W WACKER DRIVE CITY: CHICAGO STATE: IL ZIP: 60606 424B3 1 d529579d424b3.htm NUVEEN MUNICIPAL INCOME FUND, INC NUVEEN MUNICIPAL INCOME FUND, INC

Filed Pursuant to Rule 424(b)(3)

File No. 333-237289

NUVEEN MUNICIPAL INCOME FUND, INC. (NYSE: NMI)

(THE “FUND”)

SUPPLEMENT DATED OCTOBER 13, 2023

TO THE FUND’S PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION (“SAI”)

DATED SEPTEMBER 23, 2020, AS SUPPLEMENTED

 

 

 

1.

Kristen M. DeJong and Scott R. Romans, PhD, have been named portfolio managers of the Fund. Christopher L. Drahn, CFA, will continue to serve as a portfolio manager for the Fund until his retirement on April 1, 2024. The day-to-day operation of the Fund and the execution of its specific investment strategies is the primary responsibility of each of the Fund’s portfolio managers.

 

2.

Based on the foregoing, effective April 1, 2024, all references and information relating to Mr. Drahn are removed from the Fund’s Prospectus and SAI, and any supplements thereto. In addition, effective immediately, the following descriptions of the Fund’s new portfolio managers have been added under the “Sub-Adviser” sub-section in the Prospectus and the “Portfolio Manager—Portfolio Management” sub-section in the SAI:

Kristen M. DeJong, CFA, is Managing Director and Portfolio Manager at Nuveen Asset Management, LLC (“NAM”). She began her career in the financial services industry in 2005 and joined NAM in 2008. She served as a research associate in the wealth management services area and then as a senior research analyst for NAM’s municipal fixed income team before assuming portfolio management responsibilities in 2021.

Scott R. Romans, PhD, is Managing Director and Portfolio Manager at NAM. He began his career in the financial services industry when he joined NAM in 2000. He assumed portfolio management responsibilities in 2003.

 

3.

Effective immediately, the following information is added to the table under the “Portfolio Manager—Other Accounts Managed” section of the SAI:

 

Portfolio Managers

   

Type of Account Managed

    Number
of Accounts		    Assets
(millions)		      Number of
Accounts with
Performance-
Based Fees		    Assets of
Accounts with
Performance-
Based Fees

Kristen M. DeJong*

    Registered Investment Companies    1      $819      0    $0
   Other Pooled Investment Vehicles    0      $0      0    $0
     Other Accounts    52      $15,427      0    $0

Scott R. Romans*

    Registered Investment Companies    12      $15,158      0    $0
   Other Pooled Investment Vehicles    0      $0      0    $0
   Other Accounts    0      $0      0    $0

* Began serving as a portfolio manager of the Fund on October 13, 2023. Information provided is as of August 31, 2023.

4.

Effective immediately, the following information is added to the table under the “Portfolio Manager—Fund Shares Owned by the Portfolio Manager” sub-section of the SAI:

 

 

  

Portfolio Managers

       

Dollar Range of Equity

Securities Beneficially Owned

 

 

Kristen M. DeJong*

     

 

None

  Scott R. Romans*      None

* Began serving as a portfolio manager of the Fund on October 13, 2023. Information provided is as of August 31, 2023.

PLEASE KEEP THIS WITH YOUR FUND’S

PROSPECTUS AND SAI FOR FUTURE REFERENCE

EPR-NMIPS-1023P

 

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