Nuveen Multi-Market Income Fund (NYSE:JMM – Get Free Report) announced a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be given a dividend of 0.029 per share on Wednesday, July 1st. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Monday, June 15th.
Nuveen Multi-Market Income Fund Stock Performance
JMM opened at $5.82 on Friday. Nuveen Multi-Market Income Fund has a 52-week low of $5.67 and a 52-week high of $6.52. The company has a 50 day moving average of $5.84 and a two-hundred day moving average of $5.99.
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.
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