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

Nuveen Multi-Asset Income Fund (NYSE:NMAI – Get Free Report) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.116 per share on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.6%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen Multi-Asset Income Fund Price Performance

NYSE:NMAI opened at $14.53 on Wednesday. Nuveen Multi-Asset Income Fund has a 52 week low of $11.99 and a 52 week high of $15.06. The firm has a 50 day moving average of $14.15 and a 200 day moving average of $13.71.

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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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