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

Nuveen Multi-Asset Income Fund (NYSE:NMAI) declared a monthly dividend on Wednesday, April 1st. Shareholders of record on Wednesday, April 15th will be given a dividend of 0.116 per share on Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 10.2%. The ex-dividend date of this dividend is Wednesday, April 15th.

Nuveen Multi-Asset Income Fund Stock Performance

NYSE NMAI traded up $0.10 on Monday, reaching $13.67. 21,123 shares of the company were exchanged, compared to its average volume of 126,683. The business’s fifty day moving average price is $13.14 and its 200 day moving average price is $13.10. Nuveen Multi-Asset Income Fund has a fifty-two week low of $11.31 and a fifty-two week high of $13.95.

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.