Nuveen Multi-Asset Income Fund Announces $0.116 Monthly Dividend
The Nuveen Multi-Asset Income Fund (NYSE: NMAI) has declared a monthly dividend of $0.116 per share, representing an annualized forward yield of 9.65%. The dividend is payable on October 1 to shareholders of record as of September 15, with the ex-dividend date also set for September 15. The fund's latest payout reflects its focus on generating income through a multi-asset strategy that includes fixed-income and equity investments. Despite recent performance challenges attributed partly to bond market conditions, NMAI continues to offer an attractive yield compared to broader market benchmarks.
Topics: dividends income investing