Nuveen Multi-Asset Income Fund (NMAI) to Issue Monthly Dividend of $0.12 on July 1st

Nuveen Multi-Asset Income Fund (NYSE:NMAI) announced a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be given a dividend of 0.116 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 10.0%. The ex-dividend date is Monday, June 15th.

Nuveen Multi-Asset Income Fund Stock Performance

Nuveen Multi-Asset Income Fund stock opened at $13.89 on Friday. Nuveen Multi-Asset Income Fund has a 1-year low of $11.99 and a 1-year high of $14.38. The stock’s fifty day moving average is $13.71 and its two-hundred day moving average is $13.35.

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.