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NMAI - Checking In On NMAI An 11% Yielding CEF
January, 11 2023 07:12 PM
Nuveen Multi-Asset Income Fund of Beneficial Interest
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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