Nuveen Multi-Market Income Fund (NYSE:JMM – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be paid a dividend of 0.029 per share on Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 5.9%. The ex-dividend date is Wednesday, July 15th.
Nuveen Multi-Market Income Fund Price Performance
JMM opened at $5.87 on Friday. Nuveen Multi-Market Income Fund has a 1 year low of $5.67 and a 1 year high of $6.52. The stock has a fifty day moving average price of $5.81 and a 200 day moving average price of $5.96.
About Nuveen Multi-Market Income Fund
Nuveen Multi-Market Income Fund (NYSE: JMM) is a diversified, closed-end management investment company managed by Nuveen, a leading global asset manager and subsidiary of TIAA. The fund seeks to provide high current income with the potential for capital appreciation by investing across multiple asset classes and geographies. Its structure allows investors to access a broad range of income-producing securities through a single vehicle.
JMM’s investment strategy emphasizes a multi-sector approach, allocating capital to fixed-income sectors such as investment-grade and high-yield corporate bonds, emerging market debt, mortgage- and asset-backed securities, as well as preferred stocks.
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