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

Nuveen Multi-Asset Income Fund (NYSE:NMAI) declared a monthly dividend on Monday, March 2nd. Stockholders of record on Friday, March 13th will be paid a dividend of 0.116 per share on Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 10.4%. The ex-dividend date of this dividend is Friday, March 13th.

Nuveen Multi-Asset Income Fund Trading Down 0.1%

NYSE:NMAI traded down $0.02 during mid-day trading on Wednesday, hitting $13.42. The company had a trading volume of 31,860 shares, compared to its average volume of 135,706. The business’s fifty day moving average is $13.41 and its two-hundred day moving average is $13.12. Nuveen Multi-Asset Income Fund has a fifty-two week low of $10.21 and a fifty-two week high of $13.95.

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.