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

by · The Cerbat Gem

Nuveen Multi-Asset Income Fund (NYSE:NMAI – Get Free Report) announced a monthly dividend on Thursday, October 1st. Investors of record on Thursday, October 15th will be paid a dividend of $0.1160 per share on Monday, November 2nd. This represents a $1.39 annualized dividend and a dividend yield of 9.8%. The ex-dividend date of this dividend is Thursday, October 15th.

Nuveen Multi-Asset Income Fund Price Performance

NMAI opened at $14.27 on Friday. Nuveen Multi-Asset Income Fund has a 1 year low of $11.99 and a 1 year high of $15.06. The stock has a fifty day moving average price of $14.31 and a 200 day moving average price of $13.85.

Nuveen Multi-Asset Income Fund (NYSE: NMAI) is a closed-end management investment company advised by Nuveen Asset Management, LLC. The fund seeks to provide a high level of current income while also pursuing total return through a diversified, multi-asset investment strategy.

NMAI invests across a range of income-producing securities and asset classes, which may include corporate and government bonds, high-yield debt, preferred securities, convertible securities, mortgage-related investments and dividend-paying equities.

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