Nuveen Multi-Asset Income Fund (NMAI) To Go Ex-Dividend on July 15th

Nuveen Multi-Asset Income Fund (NYSE:NMAI) declared a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be given a dividend of 0.116 per share on Monday, August 3rd. This represents a c) annualized dividend and a yield of 10.0%. The ex-dividend date is Wednesday, July 15th.

Nuveen Multi-Asset Income Fund Stock Performance

Shares of NYSE NMAI opened at $13.94 on Friday. The stock’s 50-day simple moving average is $13.88 and its two-hundred day simple moving average is $13.42. Nuveen Multi-Asset Income Fund has a twelve month low of $11.99 and a twelve month high of $14.38.

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.