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

Nuveen Multi-Asset Income Fund (NYSE:NMAI) declared a monthly dividend on Tuesday, September 1st. Investors 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 yield of 9.6%. The ex-dividend date of this dividend is Tuesday, September 15th.

Nuveen Multi-Asset Income Fund Price Performance

Shares of NMAI opened at $14.53 on Wednesday. The stock has a 50 day moving average price of $14.15 and a two-hundred day moving average price of $13.71. Nuveen Multi-Asset Income Fund has a 52 week low of $11.99 and a 52 week high of $15.06.

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.