Nuveen Multi-Market Income Fund Declares Monthly Dividend of $0.03 (NYSE:JMM)

Nuveen Multi-Market Income Fund (NYSE:JMM) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Friday, February 13th will be paid a dividend of 0.029 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Friday, February 13th.

Nuveen Multi-Market Income Fund Stock Performance

Shares of NYSE JMM traded down $0.04 during midday trading on Tuesday, reaching $6.15. 106 shares of the company were exchanged, compared to its average volume of 7,005. The stock’s 50-day moving average price is $6.10 and its 200-day moving average price is $6.22. Nuveen Multi-Market Income Fund has a one year low of $5.68 and a one year high of $6.52.

Nuveen Multi-Market Income Fund Company Profile

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.