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0 0 0.00149736644093302 0.00149736644093302 -0.000752445447705025 0 0.000752445447705025 0.00150489089541005
Stock impact report

NMAI: Diversified Portfolio At A Hefty Discount, But Mixed Results [Seeking Alpha]

Nuveen Multi-Asset Income Fund (NMAI) 
Company Research Source: Seeking Alpha
NMAI's performance has been mixed—recent results are more encouraging, but long-term returns lag peers, potentially justifying its wider-than-average discount. The fund yields 10.63% with a 9.66% NAV distribution rate, but sustainability is questionable given high required returns, and recent distribution cuts seem to concede this. This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More » Fabricio Rosa/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist The last time we gave Nuveen Multi-Asset Income Fund ( NMAI ) a look, it was still quite a young fund, less than a year old. That said, it was the combination of a few funds that More on my IG service At the CEF/ETF Income Laboratory , we manage closed-end fund ( CEF ) and exchange-traded fund (ETF) portfolios targeting safe and reliable ~8% yields to make income investing easy for you. Check out what our members have to say Show less Read more
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