Nuveen Multi-Asset Income Fund (NMAI) To Go Ex-Dividend on November 13th

Nuveen Multi-Asset Income Fund (NYSE:NMAI) declared a monthly dividend on Monday, November 2nd. Investors of record on Friday, November 13th will be given a dividend of $0.1160 per share on Tuesday, December 1st. This represents a $1.39 annualized dividend and a yield of 10.4%. The ex-dividend date is Friday, November 13th.

Nuveen Multi-Asset Income Fund Stock Performance

NYSE NMAI opened at $13.42 on Wednesday. Nuveen Multi-Asset Income Fund has a fifty-two week low of $11.99 and a fifty-two week high of $15.06. The business has a 50 day moving average price of $13.98 and a two-hundred day moving average price of $13.74.

Nuveen Multi-Asset Income Fund (NYSE:NMAI) is a closed-end investment fund managed by Nuveen. The fund seeks to provide investors with a high level of current income and total return by investing across multiple asset classes rather than focusing on a single type of security.

The fund may allocate its portfolio among global fixed-income securities, equity securities, preferred securities, real estate-related investments and other income-producing assets. Its flexible, multi-asset approach is designed to give the investment team the ability to adjust exposures as market conditions, interest rates and economic trends change.

NMAI is advised by Nuveen Fund Advisors and benefits from the broader investment resources of Nuveen, an asset-management firm serving institutional and individual investors.