Nuveen Multi-Asset Income Fund (NYSE:NMAI) Announces Monthly Dividend of $0.12

Nuveen Multi-Asset Income Fund (NYSE:NMAI) announced a monthly dividend on Monday, June 1st. Investors of record on Monday, June 15th will be paid a dividend of 0.116 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 9.8%. The ex-dividend date of this dividend is Monday, June 15th.

Nuveen Multi-Asset Income Fund Price Performance

Shares of NYSE NMAI opened at $14.17 on Tuesday. Nuveen Multi-Asset Income Fund has a 52-week low of $11.99 and a 52-week high of $14.38. The business has a 50-day moving average price of $13.45 and a 200 day moving average price of $13.30.

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.