Nuveen Multi-Market Income Fund (NYSE:JMM – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be given a dividend of 0.029 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. The ex-dividend date of this dividend is Wednesday, July 15th.
Nuveen Multi-Market Income Fund Price Performance
JMM stock opened at $5.83 on Monday. Nuveen Multi-Market Income Fund has a 12 month low of $5.67 and a 12 month high of $6.52. The firm has a 50 day simple moving average of $5.81 and a 200 day simple moving average of $5.95.
About Nuveen Multi-Market Income Fund
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.
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