Nuveen Multi-Asset Income Fund (NMAI) To Go Ex-Dividend on June 13th

Nuveen Multi-Asset Income Fund (NYSE:NMAI) announced a — dividend on Tuesday, June 3rd, Wall Street Journal reports. Investors of record on Friday, June 13th will be given a dividend of 0.126 per share on Tuesday, July 1st. This represents a yield of 13.3%. The ex-dividend date of this dividend is Friday, June 13th.

Nuveen Multi-Asset Income Fund has increased its dividend by an average of 7.8% per year over the last three years.

Nuveen Multi-Asset Income Fund Price Performance

NYSE:NMAI opened at $12.60 on Thursday. The stock has a 50-day simple moving average of $11.91 and a two-hundred day simple moving average of $12.20. Nuveen Multi-Asset Income Fund has a 52-week low of $10.21 and a 52-week high of $13.50.

Institutional Trading of Nuveen Multi-Asset Income Fund

Hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC grew its holdings in Nuveen Multi-Asset Income Fund by 10.7% during the first quarter. NewEdge Advisors LLC now owns 27,650 shares of the company’s stock valued at $332,000 after purchasing an additional 2,666 shares during the period. Jane Street Group LLC bought a new stake in Nuveen Multi-Asset Income Fund during the first quarter valued at about $407,000. Finally, Royal Bank of Canada grew its holdings in Nuveen Multi-Asset Income Fund by 189.8% during the first quarter. Royal Bank of Canada now owns 98,778 shares of the company’s stock valued at $1,187,000 after purchasing an additional 64,693 shares during the period.