Nuveen Multi-Asset Income Fund (NMAI) to Issue Monthly Dividend of $0.12 on April 1st

Nuveen Multi-Asset Income Fund (NYSE:NMAI) announced a monthly dividend on Monday, March 2nd. Stockholders of record on Friday, March 13th will be given a dividend of 0.116 per share on Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 10.6%. The ex-dividend date is Friday, March 13th.

Nuveen Multi-Asset Income Fund Price Performance

NYSE:NMAI opened at $13.07 on Wednesday. Nuveen Multi-Asset Income Fund has a 1-year low of $10.21 and a 1-year high of $13.95. The firm has a fifty day simple moving average of $13.42 and a 200 day simple moving average of $13.13.

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.