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

Nuveen Multi-Market Income Fund (NYSE:JMM) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be given a dividend of $0.0290 per share on Monday, November 2nd. This represents a $0.35 annualized dividend and a yield of 6.3%. The ex-dividend date is Thursday, October 15th.

Nuveen Multi-Market Income Fund Price Performance

Shares of JMM stock opened at $5.54 on Friday. The business’s 50-day moving average price is $5.72 and its 200-day moving average price is $5.79. Nuveen Multi-Market Income Fund has a 12 month low of $5.31 and a 12 month high of $6.39.

About Nuveen Multi-Market Income Fund

Nuveen Multi-Market Income Fund (NYSE:JMM) is a closed-end investment fund managed by Nuveen. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, by investing in a diversified portfolio of fixed-income securities.

Its portfolio may include corporate bonds, government and agency securities, mortgage-backed and asset-backed securities, municipal bonds, and other domestic and international debt instruments. The fund can invest across credit-quality categories and market sectors, including below-investment-grade securities, in an effort to pursue income opportunities across changing market conditions.

Nuveen, the fund’s investment manager, is an asset-management firm specializing in income-oriented investments and serving institutional and individual investors.