Nuveen Multi-Asset Income Fund (NYSE:NMAI) Short Interest Update

Nuveen Multi-Asset Income Fund (NYSE:NMAI) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 183,217 shares, a growth of 147.3% from the July 30th total of 74,095 shares. Based on an average daily volume of 99,493 shares, the days-to-cover ratio is currently 1.8 days.

Institutional Trading of Nuveen Multi-Asset Income Fund

Several hedge funds have recently added to or reduced their stakes in the company. D.A. Davidson & CO. boosted its holdings in Nuveen Multi-Asset Income Fund by 0.6% in the 1st quarter. D.A. Davidson & CO. now owns 131,230 shares of the company’s stock valued at $1,627,000 after purchasing an additional 730 shares during the period. NWF Advisory Services Inc. raised its holdings in Nuveen Multi-Asset Income Fund by 1.9% in the 4th quarter. NWF Advisory Services Inc. now owns 40,361 shares of the company’s stock valued at $526,000 after acquiring an additional 750 shares in the last quarter. Invesco Ltd. lifted its position in shares of Nuveen Multi-Asset Income Fund by 7.5% during the 4th quarter. Invesco Ltd. now owns 14,436 shares of the company’s stock valued at $188,000 after acquiring an additional 1,013 shares during the period. PMG Family Office LLC lifted its position in shares of Nuveen Multi-Asset Income Fund by 3.9% during the 1st quarter. PMG Family Office LLC now owns 45,926 shares of the company’s stock valued at $575,000 after acquiring an additional 1,705 shares during the period. Finally, NewEdge Advisors LLC grew its holdings in shares of Nuveen Multi-Asset Income Fund by 7.7% during the 2nd quarter. NewEdge Advisors LLC now owns 29,779 shares of the company’s stock worth $376,000 after purchasing an additional 2,129 shares in the last quarter.

Nuveen Multi-Asset Income Fund Stock Up 0.5%

NMAI stock opened at $14.42 on Friday. Nuveen Multi-Asset Income Fund has a one year low of $11.99 and a one year high of $15.06. The company has a fifty day moving average price of $14.11 and a two-hundred day moving average price of $13.70.

Nuveen Multi-Asset Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be given a $0.116 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) annualized dividend and a dividend yield of 9.7%.

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.