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

Nuveen Multi-Asset Income Fund (NYSE:NMAI) declared a monthly dividend on Monday, March 2nd. Investors of record on Friday, March 13th will be paid a dividend of 0.116 per share on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 10.3%. The ex-dividend date of this dividend is Friday, March 13th.

Nuveen Multi-Asset Income Fund Trading Up 0.1%

Shares of NMAI stock traded up $0.01 during trading hours on Wednesday, reaching $13.45. The company’s stock had a trading volume of 22,728 shares, compared to its average volume of 135,510. Nuveen Multi-Asset Income Fund has a fifty-two week low of $10.21 and a fifty-two week high of $13.95. The firm’s 50 day simple moving average is $13.41 and its 200-day simple moving average is $13.12.

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.