NMAI Stock - Nuveen Multi-Asset Income Fund is a closed-end management investment company that primarily invests in a diversified portfolio of equity, debt, and alternative securities. The fund seeks to provide a high level of total return through a combination of current income and capital appreciation.
The fund is managed by Nuveen Fund Advisors LLC, a subsidiary of Nuveen, LLC. As of the end of 2021, the fund had total net assets of approximately $952 million.
NMAI stock is listed on the New York Stock Exchange (NYSE) and trades under the ticker symbol "NMAI". The fund pays a monthly distribution to shareholders, which is currently set at a rate of $0.04 per share.
Investing in NMAI stock carries certain risks, such as the risks associated with investing in closed-end funds, including the potential for the market price of the fund's shares to trade at a discount to its net asset value. Additionally, changes in interest rates may affect the value of the fund's investments, and there is no guarantee that the fund will achieve its investment objectives.
It is important to carefully consider the fund's investment objectives, risks, charges, and expenses before investing. Interested investors should review the fund's prospectus, which can be found on the Nuveen website or obtained from a financial advisor.
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