Nuveen Multi-Market Income Fund (JMM) To Go Ex-Dividend on May 15th

Nuveen Multi-Market Income Fund (NYSE:JMM) declared a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be given a dividend of 0.029 per share on Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Friday, May 15th.

Nuveen Multi-Market Income Fund Price Performance

Shares of NYSE JMM traded up $0.02 during midday trading on Wednesday, hitting $5.77. 1,433 shares of the company’s stock were exchanged, compared to its average volume of 8,507. Nuveen Multi-Market Income Fund has a twelve month low of $5.70 and a twelve month high of $6.52. The firm’s fifty day simple moving average is $5.90 and its 200-day simple moving average is $6.05.

About Nuveen Multi-Market Income Fund

Nuveen Multi-Market Income Fund (NYSE: JMM) is a diversified, closed-end management investment company managed by Nuveen, a leading global asset manager and subsidiary of TIAA. The fund seeks to provide high current income with the potential for capital appreciation by investing across multiple asset classes and geographies. Its structure allows investors to access a broad range of income-producing securities through a single vehicle.

JMM’s investment strategy emphasizes a multi-sector approach, allocating capital to fixed-income sectors such as investment-grade and high-yield corporate bonds, emerging market debt, mortgage- and asset-backed securities, as well as preferred stocks.