Nuveen Multi-Market Income Fund (JMM) to Issue Monthly Dividend of $0.03 on May 1st

Nuveen Multi-Market Income Fund (NYSE:JMM) declared a monthly dividend on Wednesday, April 1st. Shareholders of record on Wednesday, April 15th will be given a dividend of 0.029 per share on Friday, May 1st. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend is Wednesday, April 15th.

Nuveen Multi-Market Income Fund Trading Up 2.2%

NYSE:JMM traded up $0.13 during mid-day trading on Monday, hitting $6.07. The company had a trading volume of 2,894 shares, compared to its average volume of 3,786. The business has a fifty day simple moving average of $6.02 and a 200-day simple moving average of $6.11. Nuveen Multi-Market Income Fund has a 1 year low of $5.70 and a 1 year high of $6.52.

Nuveen Multi-Market Income Fund Company Profile

Nuveen Multi-Market Income Fund (NYSE: JMM) is a diversified, closed-end management investment company managed by Nuveen, a leading global asset manager and subsidiary of TIAA. The fund seeks to provide high current income with the potential for capital appreciation by investing across multiple asset classes and geographies. Its structure allows investors to access a broad range of income-producing securities through a single vehicle.

JMM’s investment strategy emphasizes a multi-sector approach, allocating capital to fixed-income sectors such as investment-grade and high-yield corporate bonds, emerging market debt, mortgage- and asset-backed securities, as well as preferred stocks.