Nuveen Taxable Municipal Income Fund (NBB) CORRESP Correspondence with SEC

VIA EDGAR

Global Markets & Investment Banking   One Bryant Park – 8^th Floor New York, New York 10036 646-855-6780

April 23, 2010

John Grzeskiewicz

Senior Counsel

Division of Investment Management

Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

Nuveen Build America Bond Fund

Registration Statement on Form N-2

File Nos. 333-164974 and 811-22391

Dear Mr. Grzeskiewicz:

Pursuant to Rule 460 of the General Rules and Regulations under the Securities Act of 1933, as amended, we, on behalf of the several underwriters, wish to advise you that distribution of the Registration Statement on Form N-2 as filed on March 29, 2010 and the Preliminary Prospectus dated March 29, 2010, began on March 29, 2010 and is expected to conclude at approximately 5:00 p.m., Eastern Time, on April 27, 2010, with anticipated distribution results as follows: a limited number of Registration Statements have or will be sent to underwriters and approximately 95,000 copies of the Preliminary Prospectus have or will be sent to underwriters, dealers and institutions.

In accordance with Rule 461 of the General Rules and Regulations under the Securities Act of 1933, as amended, the undersigned, on behalf of the underwriters of the offering of shares of common stock of the Fund, hereby joins in the request of the Fund for acceleration of the effective date of the above-named Registration Statement so that it becomes effective at 2:00 p.m., Eastern Time, on April 27, 2010 or as soon thereafter as practicable.

Sincerely,
MERRILL LYNCH, PIERCE, FENNER & SMITH                               INCORPORATED
On behalf of the Several Underwriters
By:	MERRILL LYNCH, PIERCE, FENNER & SMITH                               INCORPORATED
By:	/s/    RICHARD DIAZ
	Name: Richard Diaz
	Title:   Assistant Vice President