NPORT-EX 2 NMI.htm
NMI
Nuveen Municipal Income Fund, Inc.
Portfolio of Investments    July 31, 2021
(Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    LONG-TERM INVESTMENTS – 98.1%        
    MUNICIPAL BONDS – 98.1%        
    Alabama – 4.0%        
$3,000   Gardendale, Alabama, General Obligation Warrants, Series 2021B, 4.000%, 5/01/51   5/31 at 100.00 AA- $3,624,180
500   Lower Alabama Gas District, Alabama, Gas Project Revenue Bonds, Series 2016A, 5.000%, 9/01/46   No Opt. Call A2 771,425
100   Tuscaloosa County Industrial Development Authority, Alabama, Gulf Opportunity Zone Bonds, Hunt Refining Project, Refunding Series 2019A, 5.250%, 5/01/44, 144A   5/29 at 100.00 N/R 118,245
3,600   Total Alabama       4,513,850
    Arizona – 2.2%        
600   Arizona Health Facilities Authority, Revenue Bonds, Scottsdale Lincoln Hospitals Project, Refunding Series 2014A, 5.000%, 12/01/39   12/24 at 100.00 A+ 682,758
1,000   Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Academies of Math & Science Projects, Series 2018A, 5.000%, 7/01/48   1/28 at 100.00 AA- 1,177,700
515   Salt Verde Financial Corporation, Arizona, Senior Gas Revenue Bonds, Citigroup Energy Inc Prepay Contract Obligations, Series 2007, 5.250%, 12/01/28   No Opt. Call A3 661,276
2,115   Total Arizona       2,521,734
    California – 13.6%        
5,000   Adelanto School District, San Bernardino County, California, General Obligation Bonds, Series 1997A, 0.000%, 9/01/22 –  NPFG Insured   No Opt. Call A+ 4,975,900
    Brea Olinda Unified School District, Orange County, California, General Obligation Bonds, Series 1999A:        
2,000   0.000%, 8/01/21 –  FGIC Insured   No Opt. Call AA- 2,000,000
2,070   0.000%, 8/01/22 –  FGIC Insured   No Opt. Call Aa2 2,065,115
2,120   0.000%, 8/01/23 –  FGIC Insured   No Opt. Call Aa2 2,105,139
500   California Health Facilities Financing Authority, California, Revenue Bonds, Sutter Health, Series 2018A, 4.000%, 11/15/42   11/27 at 100.00 A1 582,295
365   California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2018A, 5.500%, 12/01/58, 144A   6/28 at 100.00 BB 436,704
275   California Statewide Communities Development Authority, Revenue Bonds, Front Porch Communities and Services Project, Series 2017A, 4.000%, 4/01/36   4/27 at 100.00 A 308,127
330   California Statewide Community Development Authority, Revenue Bonds, Daughters of Charity Health System, Series 2005A, 5.500%, 7/01/39 (4)   8/21 at 100.00 N/R 314,089
600   Foothill/Eastern Transportation Corridor Agency, California, Toll Road Revenue Bonds, Refunding Term Rate Sub-Series 2013B-1, 3.500%, 1/15/53   7/29 at 100.00 A- 680,634
300   M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series 2009A, 7.000%, 11/01/34   No Opt. Call A 477,312
500   San Joaquin Hills Transportation Corridor Agency, Orange County, California, Toll Road Revenue Bonds, Refunding Junior Lien Series 2014B, 5.250%, 1/15/44   1/25 at 100.00 BBB+ 565,020
1

NMI Nuveen Municipal Income Fund, Inc. (continued)
  Portfolio of Investments July 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    California (continued)        
$1,000   Union City Community Redevelopment Agency, California, Tax Allocation Revenue Bonds, Redevelopment Project, Subordinate Lien Series 2011, 6.000%, 12/01/22 (Pre-refunded 12/01/21)   12/21 at 100.00 N/R (5) $1,019,160
15,060   Total California       15,529,495
    Colorado – 10.7%        
    Central Platte Valley Metropolitan District, Colorado, General Obligation Bonds, Refunding Series 2013A:        
150   5.125%, 12/01/29   12/23 at 100.00 BBB 162,603
250   5.375%, 12/01/33   12/23 at 100.00 BBB 270,878
350   Colorado Health Facilities Authority, Colorado, Health Facilities Revenue Bonds, The Evangelical Lutheran Good Samaritan Society Project, Refunding Series 2017, 5.000%, 6/01/42 (Pre-refunded 6/01/27)   6/27 at 100.00 N/R (5) 436,244
500   Colorado Health Facilities Authority, Colorado, Revenue Bonds, Christian Living Neighborhoods Project, Refunding Series 2016, 5.000%, 1/01/37   1/24 at 102.00 N/R 542,795
1,140   Colorado Health Facilities Authority, Colorado, Revenue Bonds, CommonSpirit Health, Series 2019A-2, 4.000%, 8/01/49   8/29 at 100.00 BBB+ 1,323,700
750   Colorado Springs, Colorado, Utilities System Revenue Bonds, Improvement Series 2013B-1, 5.000%, 11/15/38   11/23 at 100.00 AA+ 825,892
1,000   Denver City and County, Colorado, Airport System Revenue Bonds, Series 2012B, 5.000%, 11/15/32 (Pre-refunded 11/15/22)   11/22 at 100.00 AA- (5) 1,062,690
1,395   Denver City and County, Colorado, Airport System Revenue Bonds, Subordinate Lien Series 2018A, 5.000%, 12/01/48 (AMT)   12/28 at 100.00 A+ 1,714,162
1,000   Northern Colorado Water Conservancy District Building Corporation, Certificates of Participation, Refunding Series 2021, 4.000%, 7/01/46 (WI/DD, Settling 8/11/21)   7/31 at 100.00 AA+ 1,206,630
110   Park Creek Metropolitan District, Colorado, Senior Limited Property Tax Supported Revenue Bonds, Refunding Series 2015A, 5.000%, 12/01/45   12/25 at 100.00 A 126,295
650   Park Creek Metropolitan District, Colorado, Senior Limited Property Tax Supported Revenue Bonds, Series 2018A, 4.000%, 12/01/51   12/28 at 100.00 A 739,304
340   Public Authority for Colorado Energy, Natural Gas Purchase Revenue Bonds, Colorado Springs Utilities, Series 2008, 6.125%, 11/15/23   No Opt. Call AA- 366,625
1,100   Rampart Range Metropolitan District 1, Lone Tree, Colorado, Limited Tax Supported and Special Revenue Bonds, Refunding & Improvement Series 2017, 5.000%, 12/01/42   12/27 at 100.00 AA 1,348,215
1,250   Southshore Metropolitan District 2 Aurora, Arapahoe County, Colorado, General Obligaiton Bonds, Subordinate Limited Tax Improvement Series 2020A-2, 4.000%, 12/01/46 –  BAM Insured   12/30 at 100.00 AA 1,477,037
498   Tallyn's Reach Metropolitan District 3, Aurora, Colorado, General Obligation Bonds, Limited Tax Convertible to Unlimited Tax, Refunding & Improvement Series 2013, 5.000%, 12/01/33 (Pre-refunded 12/01/23)   12/23 at 100.00 N/R (5) 547,989
10,483   Total Colorado       12,151,059
    Delaware – 0.1%        
100   Delaware Health Facilities Authroity, Revenue Bonds, Beebe Medical Center Project, Series 2018, 5.000%, 6/01/48   12/28 at 100.00 BBB 121,189
2

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    District of Columbia – 0.1%        
$105   Metropolitan Washington Airports Authority, District of Columbia, Dulles Toll Road Revenue Bonds, Dulles Metrorail & Capital improvement Projects, Refunding & Subordinate Lien Series 2019B, 4.000%, 10/01/49   10/29 at 100.00 A- $123,026
    Florida – 4.8%        
850   Bay County, Florida, Educational Facilities Revenue Refunding Bonds, Bay Haven Charter Academy, Inc Project, Series 2013A, 5.000%, 9/01/33   9/23 at 100.00 BBB 911,905
200   Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Brightline Passenger Rail Project, Green Series 2019B, 7.375%, 1/01/49, 144A (AMT)   1/24 at 107.00 N/R 220,992
    Florida Development Finance Corporation, Florida, Surface Transportation Facility Revenue Bonds, Virgin Trains USA Passenger Rail Project , Series 2019A:        
350   6.375%, 1/01/49 (AMT) (Mandatory Put 1/01/26), 144A   8/21 at 104.00 N/R 363,346
380   6.500%, 1/01/49 (AMT) (Mandatory Put 1/01/29), 144A   8/21 at 104.00 N/R 393,437
500   Greater Orlando Aviation Authority, Florida, Orlando Airport Facilities Revenue Bonds, Priority Subordinated Series 2017, 5.000%, 10/01/47 (AMT)   10/27 at 100.00 A1 604,920
1,280   Hillsborough County Industrial Development Authority, Florida, Hospital Revenue Bonds, Florida Health Sciences Center Inc D/B/A Tampa General Hospital, Series 2020A, 4.000%, 8/01/50   2/31 at 100.00 A 1,518,976
1,000   Miami-Dade County, Florida, Water and Sewer System Revenue Bonds, Series 2013A, 5.000%, 10/01/42 (Pre-refunded 10/01/22)   10/22 at 100.00 AA- (5) 1,057,320
310   Orange County Health Facilities Authority, Florida, Hospital Revenue Bonds, Orlando Health, Inc, Series 2012A, 5.000%, 10/01/42 (Pre-refunded 4/01/22)   4/22 at 100.00 A+ (5) 320,056
100   Tampa, Florida, Revenue Bonds, H Lee Moffitt Cancer Center and Research Institute, Series 2020B, 4.000%, 7/01/45   7/30 at 100.00 A2 117,343
4,970   Total Florida       5,508,295
    Georgia – 2.6%        
455   Atlanta Development Authority, Georgia, Revenue Bonds, New Downtown Atlanta Stadium Project, Senior Lien Series 2015A-1, 5.250%, 7/01/40   7/25 at 100.00 A1 530,707
350   Atlanta Urban Residential Finance Authority, Georgia, Multifamily Housing Revenue Bonds, Testletree Village Apartments, Series 2013A, 4.000%, 11/01/25   11/23 at 100.00 BB+ 352,089
370   Fulton County Development Authority, Georgia, Revenue Bonds, Piedmont Healthcare, Inc Project, Series 2019A, 4.000%, 7/01/49   7/29 at 100.00 AA- 434,395
255   Georgia Municipal Electric Authority, Plant Vogtle Units 3 & 4 Project M Bonds, Series 2019A, 5.000%, 1/01/63   7/28 at 100.00 A 314,390
300   Main Street Natural Gas Inc, Georgia, Gas Project Revenue Bonds, Series 2006B, 5.000%, 3/15/22   No Opt. Call A+ 308,730
850   Rockdale County Development Authority, Georgia, Revenue Bonds, Piedmont Healthcare, Inc Project, Series 2019A, 4.000%, 7/01/44   7/29 at 100.00 AA- 1,002,592
2,580   Total Georgia       2,942,903
    Hawaii – 0.2%        
250   Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Hawaii Pacific University, Series 2013A, 6.625%, 7/01/33   7/23 at 100.00 BB 273,050
3

NMI Nuveen Municipal Income Fund, Inc. (continued)
  Portfolio of Investments July 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Illinois – 10.0%        
$250   Chicago Board of Education, Illinois, Dedicated Capital Improvement Tax Revenue Bonds, Series 2016, 6.000%, 4/01/46   4/27 at 100.00 A- $310,652
435   Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Refunding Series 2018D, 5.000%, 12/01/46   12/28 at 100.00 BB 536,533
650   Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2016A, 7.000%, 12/01/44   12/25 at 100.00 BB 802,490
1,000   Illinois Educational Facilities Authority, Revenue Bonds, Field Museum of Natural History, Series 2002RMKT, 4.500%, 11/01/36   11/24 at 100.00 A 1,123,910
80   Illinois Finance Authority, Revenue Bonds, Rehabilitation Institute of Chicago, Series 2013A, 5.500%, 7/01/28   7/23 at 100.00 A- 85,953
200   Illinois Finance Authority, Revenue Bonds, Silver Cross Hospital and Medical Centers, Refunding Series 2015C, 5.000%, 8/15/44   8/25 at 100.00 A3 231,602
400   Illinois State, General Obligation Bonds, May Series 2020, 5.500%, 5/01/39   5/30 at 100.00 BBB 524,796
990   Illinois State, General Obligation Bonds, Series 2013, 5.250%, 7/01/31   7/23 at 100.00 BBB 1,071,012
1,555   Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Refunding Series 2012B, 5.000%, 6/15/52   6/22 at 100.00 BBB+ 1,618,895
200   Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2015A, 5.500%, 6/15/53   12/25 at 100.00 BBB+ 233,608
    Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2017A:        
6,000   0.000%, 12/15/56   No Opt. Call BBB+ 2,401,020
3,000   0.000%, 12/15/56 –  BAM Insured   No Opt. Call AA 1,265,070
205   Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Series 2002A, 0.000%, 12/15/35 –  NPFG Insured   No Opt. Call BBB+ 152,438
450   Quad Cities Regional Economic Development Authority, Illinois, Revenue Bonds, Augustana College, Series 2012, 5.000%, 10/01/27   10/22 at 100.00 Baa1 468,234
490   University of Illinois, Health Services Facilities System Revenue Bonds, Series 2013, 6.000%, 10/01/32   10/23 at 100.00 A- 544,150
15,905   Total Illinois       11,370,363
    Indiana – 2.8%        
735   Gary Local Public Improvement Bond Bank, Indiana, Economic Development Revenue Bonds, Drexel Foundation for Educational Excellence Project, Refunding Series 2020A, 5.875%, 6/01/55, 144A   6/30 at 100.00 N/R 817,239
1,000   Indiana Finance Authority, Hospital Revenue Bonds, Marion General Hospital Project, Series 2020A, 4.000%, 7/01/50   7/30 at 100.00 A 1,165,410
655   Indiana Finance Authority, Provate Activity Bonds, Ohio River Bridges East End Crossing Project, Series 2013A, 5.000%, 7/01/44 (AMT)   7/23 at 100.00 A- 710,105
500   Vigo County Hospital Authority, Indiana, Hospital Revenue Bonds, Union Hospital, Inc, Series 2011, 8.000%, 9/01/41 (Pre-refunded 9/01/21)   9/21 at 100.00 N/R (5) 503,030
2,890   Total Indiana       3,195,784
    Iowa – 0.7%        
835   Iowa Higher Education Loan Authority, Private College Facility Revenue Bonds, University of Dubuque Project, Refunding Series 2011, 5.625%, 10/01/26   10/21 at 100.00 BBB 842,381
4

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Louisiana – 2.3%        
$1,000   East Baton Rouge Sewerage Commission, Louisiana, Revenue Bonds, Refunding Series 2019A, 4.000%, 2/01/45   2/29 at 100.00 AA- $1,176,810
1,000   Louisiana Public Facilities Authority, Lousiana, Revenue Bonds, Ochsner Clinic Foundation Project, Series 2020A, 4.000%, 5/15/49   5/30 at 100.00 A 1,170,480
200   New Orleans Aviation Board, Louisiana, General Airport Revenue Bonds, North Terminal Project, Series 2017B, 5.000%, 1/01/48 (AMT)   1/27 at 100.00 A2 237,742
2,200   Total Louisiana       2,585,032
    Maine – 0.5%        
500   Maine Health and Higher Educational Facilities Authority Revenue Bonds, Eastern Maine Medical Center Obligated Group Issue, Series 2013, 5.000%, 7/01/43 (Pre-refunded 7/01/23)   7/23 at 100.00 BBB (5) 545,855
    Maryland – 0.8%        
250   Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, LifeBridge Health Issue, Series 2017, 4.000%, 7/01/42   7/27 at 100.00 A+ 284,068
500   Maryland Health and Higher Educational Facilities Authority, Revenue Bonds, Peninsula Regional Medical Center Issue, Refunding Series 2015, 5.000%, 7/01/45 (Pre-refunded 7/01/24)   7/24 at 100.00 A (5) 569,785
750   Total Maryland       853,853
    Massachusetts – 0.6%        
50   Massachusetts Development Finance Agency, Revenue Bonds, Atrius Health Issue, Series 2019A, 4.000%, 6/01/49   6/29 at 100.00 BBB 57,116
500   Massachusetts Development Finance Agency, Revenue Bonds, UMass Memorial Health Care, Series 2016I, 5.000%, 7/01/46   7/26 at 100.00 A- 594,850
550   Total Massachusetts       651,966
    Michigan – 3.3%        
355   Detroit Water and Sewerage Department, Michigan, Sewage Disposal System Revenue Bonds, Refunding Senior Lien Series 2012A, 5.250%, 7/01/39 (Pre-refunded 7/01/22)   7/22 at 100.00 AA- (5) 371,813
1,000   Michigan Finance Authority, Distributable State Aid Revenue Bonds, Charter County of Wayne, Second Lien Refunding Series 2020, 4.000%, 11/01/50   11/30 at 100.00 AA 1,181,240
1,000   Michigan Finance Authority, Hospital Revenue Bonds, Henry Ford Health System, Series 2019A, 4.000%, 11/15/50   11/29 at 100.00 A 1,164,800
1,000   Michigan State Building Authority, Revenue Bonds, Facilities Program, Refunding Series 2011-II-A, 5.375%, 10/15/36 (Pre-refunded 10/15/21)   10/21 at 100.00 Aa2 (5) 1,010,680
3,355   Total Michigan       3,728,533
    Minnesota – 2.1%        
300   City of Minneapolis, Minnesota, Senior Housing and Healthcare Facilities Revenue Bonds, Walker Minneapolis Campus Project, Series 2015, 4.625%, 11/15/31   11/22 at 100.00 N/R 301,743
1,000   Duluth Economic Development Authority, Minnesota, Health Care Facilities Revenue Bonds, Essentia Health Obligated Group, Series 2018A, 5.000%, 2/15/53   2/28 at 100.00 A- 1,210,360
300   Saint Paul Park, Minnesota, Senior Housing and Health Care Revenue Bonds, Presbyterian Homes Bloomington Project, Refunding Series 2017, 4.250%, 9/01/37   9/24 at 100.00 N/R 317,739
5

NMI Nuveen Municipal Income Fund, Inc. (continued)
  Portfolio of Investments July 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Minnesota (continued)        
$500   West Saint Paul-Mendota Heights-Eagan Independent School District 197, Dakota County, Minnesota, General Obligation Bonds, School Buidling Series 2018A, 4.000%, 2/01/39   2/27 at 100.00 AAA $576,105
2,100   Total Minnesota       2,405,947
    Mississippi – 1.0%        
1,000   Mississippi Hospital Equipment and Facilities Authority, Revenue Bonds, Baptist Memorial Healthcare, Series 2016A, 5.000%, 9/01/36   9/26 at 100.00 BBB+ 1,193,990
    Missouri – 3.6%        
135   Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Saint Louis College of Pharmacy, Series 2013, 5.250%, 5/01/33   5/23 at 100.00 BBB 142,900
1,000   Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, Southwest Baptist University Project, Series 2012, 5.000%, 10/01/33   10/22 at 100.00 BBB- 1,021,770
125   Missouri Health and Educational Facilities Authority, Educational Facilities Revenue Bonds, University of Central Missouri, Series 2013C-2, 5.000%, 10/01/34   10/23 at 100.00 A+ 137,755
1,000   Missouri Health and Educational Facilities Authority, Health Facilities Revenue Bonds, Mercy Health, Series 2020, 4.000%, 6/01/53   6/30 at 100.00 A+ 1,172,880
965   Missouri Health and Educational Facilities Authority, Revenue Bonds, Lake Regional Health System, Series 2012, 5.000%, 2/15/26   2/22 at 100.00 BBB+ 983,499
215   Saint Louis County Industrial Development Authority, Missouri, Revenue Bonds, Friendship Village Saint Louis Obligated Group, Series 2018A, 5.250%, 9/01/53   9/25 at 103.00 BB+ 245,059
335   Saline County Industrial Development Authority, Missouri, First Mortgage Revenue Bonds, Missouri Valley College, Series 2017, 4.500%, 10/01/40   10/23 at 100.00 N/R 344,079
3,775   Total Missouri       4,047,942
    New Jersey – 2.8%        
75   Gloucester County Pollution Control Financing Authority, New Jersey, Pollution Control Revenue Bonds, Logan Project, Refunding Series 2014A, 5.000%, 12/01/24 (AMT)   No Opt. Call BBB- 80,977
110   New Jersey Health Care Facilities Financing Authority, Revenue Bonds, University Hospital Issue, Refunding Series 2015A, 5.000%, 7/01/46 –  AGM Insured   7/25 at 100.00 AA 127,432
545   New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2015AA, 5.000%, 6/15/45   6/25 at 100.00 Baa1 627,992
1,000   New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2019BB, 4.000%, 6/15/44   12/28 at 100.00 Baa1 1,151,410
1,000   Tobacco Settlement Financing Corporation, New Jersey, Tobacco Settlement Asset-Backed Bonds, Series 2018A, 5.000%, 6/01/46   6/28 at 100.00 BBB+ 1,208,990
2,730   Total New Jersey       3,196,801
    New York – 3.9%        
60   Buffalo and Erie County Industrial Land Development Corporation, New York, Revenue Bonds, Catholic Health System, Inc Project, Series 2015, 5.250%, 7/01/35   7/25 at 100.00 BBB 69,938
130   Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Senior Fiscal 2012 Series 2011A, 5.750%, 2/15/47   8/21 at 100.00 AA- 130,534
315   Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green Climate Bond Certified Series 2020C-1, 5.250%, 11/15/55   5/30 at 100.00 A3 397,656
6

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    New York (continued)        
$130   New York City Industrial Development Agency, New York, PILOT Payment in Lieu of Taxes Revenue Bonds, Queens Baseball Stadium Project, Refunding Series 2021A, 3.000%, 1/01/46 –  AGM Insured   1/31 at 100.00 AA $140,303
500   New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade Center Project, Class 1 Series 2014, 5.000%, 11/15/44, 144A   11/24 at 100.00 N/R 555,000
1,000   New York State Urban Development Corporation, State Personal Income Tax Revenue Bonds, General Purpose, Series 2020A, 4.000%, 3/15/45   9/30 at 100.00 AA+ 1,187,230
1,500   Triborough Bridge and Tunnel Authority, New York, Payroll Mobility Tax Bonds, Senior Lien Subseries 2021A-1, 5.000%, 5/15/51   5/31 at 100.00 AA+ 1,971,795
3,635   Total New York       4,452,456
    North Carolina – 2.2%        
1,775   North Carolina Turnpike Authority, Triangle Expressway System Revenue Bonds, Senior Lien Series 2019, 5.000%, 1/01/49   1/30 at 100.00 Aa1 2,190,811
225   University of North Carolina, Chapel Hill, Revenue Bonds, Hospital System, Series 2019, 5.000%, 2/01/45   No Opt. Call AA 347,324
2,000   Total North Carolina       2,538,135
    North Dakota – 0.4%        
300   Fargo, North Dakota, Health System Revenue Bonds, Sanford Health, Refunding Series 2011, 6.250%, 11/01/31 (Pre-refunded 11/01/21)   11/21 at 100.00 A+ (5) 304,431
100   Grand Forks, North Dakota, Senior Housing & Nursing Facilities Revenue Bonds, Valley Homes and Services Obligated Group, Series 2017, 5.000%, 12/01/36   12/26 at 100.00 N/R 106,378
400   Total North Dakota       410,809
    Ohio – 1.7%        
650   Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2, 5.000%, 6/01/55   6/30 at 100.00 N/R 765,018
1,000   Cleveland-Cuyahoga County Port Authroity, Ohio, Cultural Facility Revenue Bonds, The Cleveland Museum of Natural History Project, Series 2021, 4.000%, 7/01/46   7/31 at 100.00 A3 1,189,000
1,650   Total Ohio       1,954,018
    Oklahoma – 0.7%        
670   Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B, 5.500%, 8/15/57   8/28 at 100.00 Baa3 830,753
    Oregon – 0.3%        
55   Clackamas County Hospital Facility Authority, Oregon, Revenue Bonds, Rose Villa Inc, Series 2020A, 5.250%, 11/15/50   11/25 at 102.00 N/R 61,449
300   Forest Grove, Oregon, Campus Improvement Revenue Bonds, Pacific University Project, Refunding Series 2014A, 5.000%, 5/01/40   5/22 at 100.00 BBB 309,351
355   Total Oregon       370,800
    Pennsylvania – 3.5%        
1,000   Allegheny County Sanitary Authority, Pennsylvania, Sewer Revenue Bonds, Series 2020B, 4.000%, 6/01/50   12/30 at 100.00 Aa3 1,205,540
7

NMI Nuveen Municipal Income Fund, Inc. (continued)
  Portfolio of Investments July 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Pennsylvania (continued)        
$1,000   Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Reading Hospital & Medical Center Project, Series 2012A, 5.000%, 11/01/40   5/22 at 100.00 BB- $1,017,090
100   Montgomery County Higher Education and Health Authority, Pennsylvania, Revenue Bonds, Thomas Jefferson University, Series 2019, 4.000%, 9/01/49   9/29 at 100.00 A 116,187
560   Montgomery County Industrial Development Authority, Pennsylvania, Health System Revenue Bonds, Albert Einstein Healthcare Network Issue, Series 2015A, 5.250%, 1/15/36   1/25 at 100.00 Ba1 634,284
1,000   Pennsylvania Higher Educational Facilities Authority, Revenue Bonds, Foundation for Student Housing at Indiana University, Project Series 2012A, 5.000%, 7/01/41 (Pre-refunded 7/01/22)   7/22 at 100.00 N/R (5) 1,044,610
3,660   Total Pennsylvania       4,017,711
    Puerto Rico – 2.1%        
    Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1:        
200   4.550%, 7/01/40   7/28 at 100.00 N/R 230,614
1,760   0.000%, 7/01/51   7/28 at 30.01 N/R 428,419
989   5.000%, 7/01/58   7/28 at 100.00 N/R 1,155,676
500   Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Taxable Restructured Cofina Project Series 2019A-2, 4.784%, 7/01/58   7/28 at 100.00 N/R 577,410
3,449   Total Puerto Rico       2,392,119
    South Carolina – 0.6%        
620   South Carolina Jobs-Economic Development Authority, Economic Development Revenue Bonds, Bishop Gadsden Episcopal Retirement Community, Series 2019A, 4.000%, 4/01/49   4/26 at 103.00 BBB- 683,618
    South Dakota – 0.1%        
100   Sioux Falls, South Dakota, Health Facilities Revenue Bonds, Dow Rummel Village Project, Series 2017, 5.125%, 11/01/47   11/26 at 100.00 BB 111,314
    Tennessee – 2.0%        
1,250   Chattanooga Health, Educational and Housing Facility Board, Tennessee, Revenue Bonds, Catholic Health Initiatives, Series 2013A, 5.250%, 1/01/45 (Pre-refunded 1/01/23)   1/23 at 100.00 BBB+ (5) 1,338,713
870   Knox County Health, Educational and Housing Facilities Board, Tennessee, Revenue Bonds, University Health System, Inc, Series 2016, 5.000%, 9/01/47   9/26 at 100.00 BBB 994,079
2,120   Total Tennessee       2,332,792
    Texas – 4.9%        
500   Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien Series 2021B, 5.000%, 1/01/46   1/31 at 100.00 A- 646,515
670   Central Texas Regional Mobility Authority, Revenue Bonds, Senior Lien, Series 2015A, 5.000%, 1/01/40   7/25 at 100.00 A- 772,544
335   Grand Parkway Transportation Corporation, Texas, System Toll Revenue Bonds, First Tier Series 2013A, 5.125%, 10/01/43   10/23 at 100.00 A+ 356,065
500   Lower Colorado River Authority, Texas, Transmission Contract Revenue Bonds, LCRA Transmission Services Corporation Project, Refunding Series 2015, 5.000%, 5/15/40   5/25 at 100.00 A+ 578,140
8

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Texas (continued)        
$125   Mission Economic Development Corporation, Texas, Revenue Bonds, Natgasoline Project, Senior Lien Series 2018, 4.625%, 10/01/31, 144A (AMT)   10/21 at 105.00 BB- $132,019
200   North Texas Tollway Authority, Special Projects System Revenue Bonds, Convertible Capital Appreciation Series 2011C, 0.000%, 9/01/43 (Pre-refunded 9/01/31)   9/31 at 100.00 N/R (5) 284,080
410   North Texas Tollway Authority, System Revenue Bonds, Refunding First Tier, Series 2015B, 5.000%, 1/01/40   1/23 at 100.00 A+ 437,027
500   North Texas Tollway Authority, System Revenue Bonds, Refunding Second Tier, Series 2015A, 5.000%, 1/01/38   1/25 at 100.00 A 571,610
240   Reagan Hospital District of Reagan County, Texas, Limited Tax Revenue Bonds, Series 2014A, 5.000%, 2/01/34   2/24 at 100.00 Ba1 258,914
295   SA Energy Acquisition Public Facilities Corporation, Texas, Gas Supply Revenue Bonds, Series 2007, 5.500%, 8/01/27   No Opt. Call A2 375,868
1,000   Texas Transportation Commission, Central Texas Turnpike System Revenue Bonds, Refunding Second Tier Series 2015C, 5.000%, 8/15/32   8/24 at 100.00 A- 1,123,900
4,775   Total Texas       5,536,682
    Virginia – 1.5%        
1,265   Virginia Small Business Financing Authority, Private Activity Revenue Bonds, Transform 66 P3 Project, Senior Lien Series 2017, 5.000%, 12/31/56 (AMT)   6/27 at 100.00 BBB 1,525,324
205   Virginia Small Business Financing Authority, Senior Lien Revenue Bonds, Elizabeth River Crossing, Opco LLC Project, Series 2012, 6.000%, 1/01/37 (AMT)   7/22 at 100.00 BBB 215,603
1,470   Total Virginia       1,740,927
    West Virginia – 1.1%        
1,000   West Virginia Hospital Finance Authority, Hospital Revenue Bonds, West Virginia United Health System Obligated Group, Series 2018A, 5.000%, 6/01/52   6/28 at 100.00 A 1,220,040
9

NMI Nuveen Municipal Income Fund, Inc. (continued)
  Portfolio of Investments July 31, 2021
  (Unaudited)
Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Wisconsin – 4.3%        
    Public Finance Authority of Wisconsin, Conference Center and Hotel Revenue Bonds, Lombard Public Facilities Corporation, Second Tier Series 2018B:        
$4   0.000%, 1/01/46, 144A (4)   No Opt. Call N/R $120
4   0.000%, 1/01/47, 144A (4)   No Opt. Call N/R 114
4   0.000%, 1/01/48, 144A (4)   No Opt. Call N/R 111
4   0.000%, 1/01/49, 144A (4)   No Opt. Call N/R 109
3   0.000%, 1/01/50, 144A (4)   No Opt. Call N/R 103
4   0.000%, 1/01/51, 144A (4)   No Opt. Call N/R 111
98   3.750%, 7/01/51, 144A (4)   3/28 at 100.00 N/R 68,060
4   0.000%, 1/01/52, 144A (4)   No Opt. Call N/R 106
4   0.000%, 1/01/53, 144A (4)   No Opt. Call N/R 103
4   0.000%, 1/01/54, 144A (4)   No Opt. Call N/R 100
4   0.000%, 1/01/55, 144A (4)   No Opt. Call N/R 97
4   0.000%, 1/01/56, 144A (4)   No Opt. Call N/R 94
4   0.000%, 1/01/57, 144A (4)   No Opt. Call N/R 91
4   0.000%, 1/01/58, 144A (4)   No Opt. Call N/R 88
3   0.000%, 1/01/59, 144A (4)   No Opt. Call N/R 86
3   0.000%, 1/01/60, 144A (4)   No Opt. Call N/R 82
3   0.000%, 1/01/61, 144A (4)   No Opt. Call N/R 79
3   0.000%, 1/01/62, 144A (4)   No Opt. Call N/R 77
3   0.000%, 1/01/63, 144A (4)   No Opt. Call N/R 74
3   0.000%, 1/01/64, 144A (4)   No Opt. Call N/R 73
3   0.000%, 1/01/65, 144A (4)   No Opt. Call N/R 70
3   0.000%, 1/01/66, 144A (4)   No Opt. Call N/R 66
42   0.000%, 1/01/67, 144A (4)   No Opt. Call N/R 799
500   Wisconsin Health and Educational Facilities Authority, Revenue Bonds, Marquette University, Series 2012, 4.000%, 10/01/32   10/22 at 100.00 A2 518,990
755   Wisconsin Health and Educational Facilities Authority, Revenus Bonds, Gundersen Lutheran, Series 2011A, 5.250%, 10/15/39   10/21 at 100.00 AA- 762,799
200   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Dickson Hollow Project Series 2014, 5.125%, 10/01/34   10/22 at 102.00 N/R 208,716
1,000   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, PHW Oconomowoc, Inc Project, Series 2018, 5.125%, 10/01/48   10/23 at 102.00 N/R 1,051,400
1,000   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, ProHealth Care, Inc Obligated Group, Refunding Series 2015, 5.000%, 8/15/39   8/24 at 100.00 A+ 1,132,000
500   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Rogers Memorial Hospital, Inc, Series 2014B, 5.000%, 7/01/44   7/24 at 100.00 A 562,130
10

Principal Amount (000)   Description (1)   Optional Call Provisions (2) Ratings (3) Value
    Wisconsin (continued)        
$545   Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Saint John's Communities Inc, Series 2018A, 5.000%, 9/15/50   9/23 at 100.00 BBB- $583,875
4,715   Total Wisconsin       4,890,723
$106,472   Total Long-Term Investments (cost $101,026,607)       111,785,945
    Other Assets Less Liabilities – 1.9%       2,140,665
    Net Assets Applicable to Common Shares  –  100%       $113,926,610
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and in conformity with the applicable rules and regulations of the U.S. Securities and Exchange Commission (“SEC”) related to interim filings. Part F of Form N-PORT does not include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For a full set of the Fund’s notes to financial statements, please refer to the Fund’s most recently filed annual or semi-annual report.
Fair Value Measurements
The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management’s assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.
Level 1  –     Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.
Level 2  –     Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).
Level 3  –     Prices are determined using significant unobservable inputs (including management’s assumptions in determining the fair value of investments).
The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value them:
  Level 1 Level 2 Level 3 Total
Long-Term Investments:        
Municipal Bonds $ — $111,785,945 $ — $111,785,945
    
(1) All percentages shown in the Portfolio of Investments are based on net assets applicable to common shares unless otherwise noted.  
(2) Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities may be subject to periodic principal paydowns.  
(3) For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies.  
(4) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.  
(5) Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities, which ensure the timely payment of principal and interest.  
144A Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.  
AMT Alternative Minimum Tax  
WI/DD Purchased on a when-issued or delayed delivery basis.  
11

NMI Nuveen Municipal Income Fund, Inc. (continued)
  Portfolio of Investments July 31, 2021
  (Unaudited)
12