Nuveen Multi-Market Income Fund Plans Monthly Dividend of $0.03 (NYSE:JMM)

Nuveen Multi-Market Income Fund (NYSE:JMM) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Thursday, January 15th will be paid a dividend of 0.029 per share on Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date is Thursday, January 15th.

Nuveen Multi-Market Income Fund Trading Up 0.8%

NYSE:JMM opened at $6.06 on Tuesday. Nuveen Multi-Market Income Fund has a twelve month low of $5.68 and a twelve month high of $6.52. The company has a fifty day moving average of $6.09 and a 200-day moving average of $6.24.

About Nuveen Multi-Market Income Fund

Nuveen Multi-Market Income Fund (NYSE: JMM) is a diversified, closed-end management investment company managed by Nuveen, a leading global asset manager and subsidiary of TIAA. The fund seeks to provide high current income with the potential for capital appreciation by investing across multiple asset classes and geographies. Its structure allows investors to access a broad range of income-producing securities through a single vehicle.

JMM’s investment strategy emphasizes a multi-sector approach, allocating capital to fixed-income sectors such as investment-grade and high-yield corporate bonds, emerging market debt, mortgage- and asset-backed securities, as well as preferred stocks.