Nuveen Multi-Asset Income Fund

NMAI

Market cap $435M

Overview Fund Activity

13.01 USD

+0.05

0.39%

At close Updated Sep 12, 4:00 PM EDT

1 day

0.39%

5 days

2.04%

1 month

2.28%

3 months

4%

6 months

5.34%

Year to date

7.61%

1 year

-3.06%

5 years

-32.76%

10 years

-32.76%

About: Nuveen Multi-Asset Income Fund is a closed-end management investment company. The Fund dynamically invests in a portfolio of equity and debt securities of issuers located around the world. This dynamic investment uses a risk-based framework in which any amount can be allocated to an asset-class at any time. The Fund may invest in equity and debt securities of any type without limit.

Financials Asset Management

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

80% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 5

38% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 16

5% more funds holding

Funds holding: 64 [Q1] → 67 (+3) [Q2]

1% more capital invested

Capital invested by funds: $96.3M [Q1] → $97.2M (+$888K) [Q2]

0.91% less ownership

Funds ownership: 23.94% [Q1] → 23.03% (-0.91%) [Q2]

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Financial journalist opinion

NMAI Pushes To Be An All-In-One Strategy But Underperforms Peers

NMAI offers diversified exposure to global equities and debt, aiming for total return and high income with a forward yield near 12%. The fund employs leverage and active asset allocation, but lacks fixed targets between equities and bonds, increasing portfolio management complexity and risk. NMAI's expense ratio is competitive for CEFs, but it has historically underperformed similar funds that charge lower fees.

NMAI Pushes To Be An All-In-One Strategy But Underperforms Peers

NMAI: Solid Multi-Asset CEF But Challenging Macro Environment

Nuveen Multi-Asset Income Fund offers a high 12.1% yield and monthly payouts, appealing to income-focused investors, but struggles with NAV preservation and long-term total return. The fund's diverse blend of equities and debt provides steady income, but underperforms major indexes and faces heightened risk from below-investment-grade holdings. NMAI trades at a 9% discount to NAV, reflecting investor concerns over capital deterioration and the fund's reliance on net realized gains for distributions.

NMAI: Solid Multi-Asset CEF But Challenging Macro Environment

3 Cheap CEFs With Yields Up To 12%

We've got a rare “delayed reaction” income play on our hands right now. Thanks to the April stock-market plunge, we can now pick up 12%+ dividends at attractive discounts.

3 Cheap CEFs With Yields Up To 12%

Nuveen Closed-End Funds Declare Distributions and Nuveen Multi-Asset Income Fund Announces Change from Quarterly to Monthly Regular Distributions

NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. Shareholders can expect regular distribution information to be posted on www.nuveen.com on the fi.

Nuveen Closed-End Funds Declare Distributions and Nuveen Multi-Asset Income Fund Announces Change from Quarterly to Monthly Regular Distributions

NMAI: Attractive Strategy, But Failing To Cover Its Whopping Distributions

The Nuveen Multi-Asset Income Fund offers a high 13.78% yield, making it attractive for income-focused investors seeking substantial income from their portfolios. The NMAI closed-end fund's dynamic strategy of investing in both equities and bonds provides better inflation protection and flexibility compared to traditional fixed-income funds. Despite recent market concerns and potential recession risks, the fund has outperformed major indices, delivering a 5.79% total return over three months.

NMAI: Attractive Strategy, But Failing To Cover Its Whopping Distributions

Very Bad News For Closed-End Funds

Closed-end funds offer unique opportunities due to their discount/premium mechanisms, allowing share prices to deviate from net asset value per share in a wild manner. In general, CEFs often provide diverse exposure across equity and fixed-income portfolios, and they even offer exposure to hybrid portfolios, but also allowing for sector-specific exposure. One important note is that not all premiums or discounts indicate a buying or selling opportunity; instead, it can make more sense to examine relative value over historical periods.

Very Bad News For Closed-End Funds

NMAI: Very Attractive Yield, If It Is Sustainable

The Nuveen Multi-Asset Income Fund offers a high yield of 13.94%, making it attractive for income-focused investors despite recent underperformance. The fund's dynamic investment strategy allows flexibility across global equities and fixed-income securities, aiming for a high total return. Slightly less than half the portfolio is invested in equities, which is lower than I would like given the resurgence of inflation.

NMAI: Very Attractive Yield, If It Is Sustainable

NMAI: 60/40 CEF With Leverage, 13% Distribution

Nuveen Multi-Asset Income Fund (NMAI) is a 60/40 CEF with leverage, showing impressive results and a recent dividend increase. NMAI has a unique composition with a focus on REITs and emerging markets, and a high distribution rate. The distribution rate is not supported however, with the CEF utilizing a very high amount of ROC in its most recent fiscal year.

NMAI: 60/40 CEF With Leverage, 13% Distribution

The Big Economic Shift (And 8% Dividends) No One Is Talking About

I spend a lot of time parsing the latest economic data before recommending funds in our monthly CEF Insider service. And while the business press almost always leads with fear when it comes to the economy, the real numbers tell us something else entirely.

The Big Economic Shift (And 8% Dividends) No One Is Talking About

Nuveen Closed-End Funds Declare Distributions

NEW YORK--(BUSINESS WIRE)--Several Nuveen closed-end funds have declared distributions. These funds represent investment strategies for investors seeking diversified sources of cash flow to prepare for and sustain their retirement income needs. For further information regarding fund distributions, including earnings, undistributed net investment income, and notices, please visit www.nuveen.com/cef. Additionally, several funds have announced distribution increases of up to 71%. The distribution.

Nuveen Closed-End Funds Declare Distributions

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