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home / news releases / NMAI - Checking In On NMAI An 11% Yielding CEF


NMAI - Checking In On NMAI An 11% Yielding CEF

Summary

  • Nuveen Multi-Asset Income Fund is a multi-asset CEF from Nuveen.
  • The fund represents a competitor to the much better-known BlackRock Capital Allocation Trust.
  • NMAI is currently trading at a -13% discount to net asset value and has seen this figure fairly range bound in the past year.
  • The vehicle is using a very high amount of ROC to cover its distribution, on the back of a very poor performance in 2022.
  • This article covers CEFs.

For further details see:

Checking In On NMAI, An 11% Yielding CEF
Stock Information

Company Name: Nuveen Multi-Asset Income Fund of Beneficial Interest
Stock Symbol: NMAI
Market: NYSE

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