Nuveen Multi-Market Income Fund (JMM) to Issue Monthly Dividend of $0.03 on April 1st

Nuveen Multi-Market Income Fund (NYSE:JMM) declared a monthly dividend on Monday, March 2nd. Shareholders of record on Friday, March 13th will be paid a dividend of 0.029 per share on Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 5.9%. The ex-dividend date is Friday, March 13th.

Nuveen Multi-Market Income Fund Price Performance

NYSE:JMM traded down $0.03 during trading hours on Wednesday, hitting $5.95. 99,669 shares of the stock traded hands, compared to its average volume of 10,584. The firm has a 50 day moving average price of $6.13 and a 200 day moving average price of $6.19. Nuveen Multi-Market Income Fund has a fifty-two week low of $5.68 and a fifty-two week 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.