Nuveen Multi-Market Income Fund (JMM) to Issue Monthly Dividend of $0.03 on November 2nd

Nuveen Multi-Market Income Fund (NYSE:JMM) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be given a dividend of $0.0290 per share on Monday, November 2nd. This represents a $0.35 dividend on an annualized basis and a dividend yield of 6.2%. The ex-dividend date is Thursday, October 15th.

Nuveen Multi-Market Income Fund Trading Up 0.5%

JMM stock opened at $5.57 on Friday. Nuveen Multi-Market Income Fund has a 1 year low of $5.31 and a 1 year high of $6.39. The stock has a 50-day simple moving average of $5.72 and a 200-day simple moving average of $5.79.

Nuveen Multi-Market Income Fund Company Profile

Nuveen Multi-Market Income Fund (NYSE:JMM) is a closed-end investment fund managed by Nuveen. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, by investing in a diversified portfolio of fixed-income securities.

Its portfolio may include corporate bonds, government and agency securities, mortgage-backed and asset-backed securities, municipal bonds, and other domestic and international debt instruments. The fund can invest across credit-quality categories and market sectors, including below-investment-grade securities, in an effort to pursue income opportunities across changing market conditions.

Nuveen, the fund’s investment manager, is an asset-management firm specializing in income-oriented investments and serving institutional and individual investors.