Nuveen Multi-Asset Income Fund (NMAI) To Go Ex-Dividend on May 15th

Nuveen Multi-Asset Income Fund (NYSE:NMAI – Get Free Report) declared a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be paid a dividend of 0.116 per share on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 9.8%. The ex-dividend date of this dividend is Friday, May 15th.

Nuveen Multi-Asset Income Fund Price Performance

Shares of Nuveen Multi-Asset Income Fund stock traded up $0.01 during trading hours on Wednesday, hitting $14.13. The company’s stock had a trading volume of 76,835 shares, compared to its average volume of 117,400. The business has a 50 day moving average price of $13.16 and a two-hundred day moving average price of $13.21. Nuveen Multi-Asset Income Fund has a 12-month low of $11.99 and a 12-month high of $14.35.

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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.

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