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

Nuveen Multi-Asset Income Fund (NYSE:NMAI – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be paid a dividend of 0.116 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Multi-Asset Income Fund Stock Performance

Shares of NYSE NMAI opened at $14.01 on Thursday. Nuveen Multi-Asset Income Fund has a one year low of $11.99 and a one year high of $14.38. The business has a fifty day simple moving average of $13.88 and a 200 day simple moving average of $13.42.

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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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