Nuveen Multi-Market Income Fund (NYSE:JMM – Get Free Report) declared a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.029 per share on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Tuesday, September 15th.
Nuveen Multi-Market Income Fund Price Performance
Shares of NYSE JMM opened at $5.77 on Wednesday. The firm has a 50-day moving average of $5.81 and a 200 day moving average of $5.87. Nuveen Multi-Market Income Fund has a 1 year low of $5.67 and a 1 year high of $6.52.
Nuveen Multi-Market Income Fund Company Profile
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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