Nuveen Multi-Asset Income Fund Declares Monthly Dividend of $0.12 (NYSE:NMAI)

Nuveen Multi-Asset Income Fund (NYSE:NMAI) declared a monthly dividend on Monday, February 2nd. Shareholders of record on Friday, February 13th will be given a dividend of 0.116 per share on Monday, March 2nd. This represents a c) annualized dividend and a yield of 10.3%. The ex-dividend date of this dividend is Friday, February 13th.

Nuveen Multi-Asset Income Fund Stock Performance

Shares of NYSE NMAI traded down $0.02 during trading on Tuesday, reaching $13.57. The company had a trading volume of 34,925 shares, compared to its average volume of 156,448. Nuveen Multi-Asset Income Fund has a twelve month low of $10.21 and a twelve month high of $13.60. The stock has a 50-day moving average price of $13.14 and a two-hundred day moving average price of $12.96.

Nuveen Multi-Asset Income Fund (NYSE: NMAI) is a closed-end investment fund managed by Nuveen, a global asset manager and subsidiary of TIAA. The fund is listed on the New York Stock Exchange and seeks to provide investors with high current income and the potential for capital appreciation. Nuveen Multi-Asset Income Fund employs an actively managed, diversified approach across multiple asset classes, leveraging Nuveen’s extensive research and portfolio management infrastructure.

The fund’s investment strategy centers on allocating assets among a broad range of income-producing instruments.