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

Nuveen Multi-Asset Income Fund (NYSE:NMAI) declared a monthly dividend on Monday, December 1st. Shareholders of record on Monday, December 15th will be given a dividend of 0.116 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 10.6%. The ex-dividend date of this dividend is Monday, December 15th.

Nuveen Multi-Asset Income Fund Stock Down 0.6%

NYSE:NMAI traded down $0.08 during trading hours on Tuesday, hitting $13.19. The stock had a trading volume of 8,860 shares, compared to its average volume of 107,986. The business has a 50 day simple moving average of $13.03 and a two-hundred day simple moving average of $12.74. Nuveen Multi-Asset Income Fund has a 1-year low of $10.21 and a 1-year high of $13.39.

Institutional Investors Weigh In On Nuveen Multi-Asset Income Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NMAI. LPL Financial LLC boosted its position in Nuveen Multi-Asset Income Fund by 16.0% in the 1st quarter. LPL Financial LLC now owns 271,512 shares of the company’s stock valued at $3,264,000 after buying an additional 37,460 shares during the last quarter. Shaker Financial Services LLC lifted its stake in shares of Nuveen Multi-Asset Income Fund by 48.0% in the first quarter. Shaker Financial Services LLC now owns 286,041 shares of the company’s stock worth $3,495,000 after acquiring an additional 92,794 shares in the last quarter. Wolverine Asset Management LLC boosted its holdings in Nuveen Multi-Asset Income Fund by 252.8% in the first quarter. Wolverine Asset Management LLC now owns 219,407 shares of the company’s stock valued at $2,637,000 after purchasing an additional 157,212 shares during the last quarter. Elequin Capital LP acquired a new stake in Nuveen Multi-Asset Income Fund during the 1st quarter valued at approximately $49,000. Finally, Walleye Capital LLC increased its holdings in Nuveen Multi-Asset Income Fund by 39.3% during the 1st quarter. Walleye Capital LLC now owns 36,605 shares of the company’s stock worth $440,000 after purchasing an additional 10,333 shares during the last quarter.