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Nuveen Multi-Asset Income Fund of Beneficial Interest (NMAI)

$13.66

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Key data on NMAI

AUM

$456594311

P/E ratio

3.2

Dividend yield

8.9906%

Expense ratio

1.87%

Beta

1.012326

Price on NMAI

Previous close

$13.66

Today's open

$13.74

Day's range

$13.41 - $13.92

52 week range

$11.99 - $14.38

Profile about NMAI

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Headquarters

US

Exchange

New York Stock Exchange

Issue type

Common Stock

NMAI industries and sectors

Asset Allocations

News on NMAI

NMAI: Positioned To Participate In Market Expansion As Interest Rates Decline (Rating Upgrade)

Nuveen Multi-Asset Income Fund (NMAI) is upgraded to buy, driven by attractive valuation and strong earnings exceeding distributions. NMAI trades at a 9.18% discount to NAV, offers an 11% yield, and has demonstrated resilience versus the S&P 500 during recent market weakness. The portfolio is heavily weighted toward technology, financials, and industrials, with aggressive 31% leverage amplifying both upside and risk.

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Seeking Alpha • Apr 8, 2026

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NMAI: Diversified Portfolio At A Hefty Discount, But Mixed Results

Nuveen Multi-Asset Income Fund offers a diversified hybrid portfolio of equities and fixed income, currently trading at a 9.09% discount. 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.

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Seeking Alpha • Jan 23, 2026

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NMAI: A Well-Covered 10%+ Yield And Reasonable Discount

The Nuveen Multi-Asset Income Fund delivers a 10.63% yield, blending equities and fixed income for high current income. NMAI outperforms major bond indices and most fixed-income CEFs over the past decade but lags pure equity indices like the S&P 500. The fund's distributions are mostly ROC, which is nice from a taxation perspective.

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Seeking Alpha • Jan 22, 2026

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Nuveen Multi-Asset Income Fund Announces Update to Portfolio Management Team

CHICAGO--(BUSINESS WIRE)--Effective immediately, portfolio manager responsibilities for Nuveen Multi-Asset Income Fund (NYSE: NMAI) have changed. Mark Zheng, James Kim, and John Tribolet are taking over portfolio management responsibilities for the fund. Nathan Shetty and Anurag Dugar are no longer portfolio managers of the fund. There will be no impact to the fund's strategy, investment objective, or policies. The following provides information about each new portfolio manager's experience. Ma.

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Business Wire • Jan 7, 2026

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NMAI: Generous Distribution Limits Growth Potential

Nuveen Multi-Asset Income Fund offers high income and broad diversification but struggles with consistent earnings and NAV growth. NMAI currently yields 11.4% with monthly distributions, yet its payout sustainability relies on variable net realized gains rather than steady income. The fund trades at a smaller discount to NAV than its historical average, making it less attractive for new accumulation at this time.

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Seeking Alpha • Nov 5, 2025

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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.

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Seeking Alpha • Aug 27, 2025

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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.

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Seeking Alpha • Jun 13, 2025

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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.

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Forbes • Jun 3, 2025

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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.

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Business Wire • Jun 2, 2025

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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.

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Seeking Alpha • Mar 26, 2025

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