Nuveen Multi-Asset Income Fund (NMAI) to Distribute Monthly Dividend of $0.12 on August 3rd

Nuveen Multi-Asset Income Fund (NYSE:NMAI) announced a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.116 per share on Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 10.0%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Multi-Asset Income Fund Price Performance

NMAI opened at $13.98 on Monday. The business has a fifty day simple moving average of $13.93 and a 200-day simple moving average of $13.47. Nuveen Multi-Asset Income Fund has a fifty-two week low of $11.99 and a fifty-two week high of $14.38.

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.