Nuveen Multi-Market Income Fund (NYSE:JMM – Get Free Report) declared a monthly dividend on Monday, August 3rd. Stockholders of record on Friday, August 14th will be given a dividend of 0.029 per share on Tuesday, September 1st. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date is Friday, August 14th.
Nuveen Multi-Market Income Fund Stock Performance
Shares of JMM stock opened at $5.81 on Wednesday. The company has a 50 day moving average of $5.81 and a 200-day moving average of $5.92. Nuveen Multi-Market Income Fund has a 12-month low of $5.67 and a 12-month high of $6.52.
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.
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