Nuveen Multi-Market Income Fund (NYSE:JMM) to Issue $0.03 Monthly Dividend

Nuveen Multi-Market Income Fund (NYSE:JMM) declared a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be paid a dividend of 0.029 per share on Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Friday, May 15th.

Nuveen Multi-Market Income Fund Stock Up 0.3%

Nuveen Multi-Market Income Fund stock traded up $0.02 during midday trading on Wednesday, hitting $5.77. 1,433 shares of the company were exchanged, compared to its average volume of 8,507. Nuveen Multi-Market Income Fund has a fifty-two week low of $5.70 and a fifty-two week high of $6.52. The business has a fifty day simple moving average of $5.90 and a two-hundred day simple moving average of $6.05.

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.