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

Nuveen Multi-Asset Income Fund (NYSE:NMAI – Get Free Report) declared a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be paid a dividend of 0.116 per share on Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 9.9%. The ex-dividend date of this dividend is Monday, June 15th.

Nuveen Multi-Asset Income Fund Trading Down 0.5%

Shares of Nuveen Multi-Asset Income Fund stock opened at $14.11 on Wednesday. The business’s 50-day moving average price is $13.45 and its 200-day moving average price is $13.30. Nuveen Multi-Asset Income Fund has a 12 month low of $11.99 and a 12 month high of $14.38.

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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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