Nuveen Multi-Asset Income Fund (NMAI) to Issue Monthly Dividend of $0.12 on March 2nd

Nuveen Multi-Asset Income Fund (NYSE:NMAI) declared a monthly dividend on Monday, February 2nd. Stockholders of record on Friday, February 13th will be paid a dividend of 0.116 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date of this dividend is Friday, February 13th.

Nuveen Multi-Asset Income Fund Price Performance

Shares of NMAI stock opened at $13.87 on Wednesday. Nuveen Multi-Asset Income Fund has a fifty-two week low of $10.21 and a fifty-two week high of $13.88. The stock’s 50-day simple moving average is $13.21 and its 200-day simple moving average is $13.00.

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.