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

Nuveen Multi-Market Income Fund (NYSE:JMM) announced 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 yield of 5.9%. The ex-dividend date is Friday, March 13th.

Nuveen Multi-Market Income Fund Price Performance

JMM stock traded down $0.03 during mid-day trading on Wednesday, reaching $5.94. The company had a trading volume of 99,466 shares, compared to its average volume of 10,559. The firm has a fifty day simple moving average of $6.13 and a 200 day simple moving average 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.

About Nuveen Multi-Market Income Fund

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.