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

Nuveen Multi-Asset Income Fund (NYSE:NMAI – Get Free Report) declared a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be paid a dividend of 0.116 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date of this dividend is Friday, August 14th.

Nuveen Multi-Asset Income Fund Stock Up 1.6%

Shares of NYSE:NMAI opened at $14.21 on Tuesday. The business’s 50 day moving average is $13.90 and its 200 day moving average is $13.56. 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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