Nuveen Multi-Market Income Fund Declares Monthly Dividend of $0.03 (NYSE:JMM)

Nuveen Multi-Market Income Fund (NYSE:JMM) declared a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be given a dividend of 0.029 per share on Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date is Wednesday, July 15th.

Nuveen Multi-Market Income Fund Stock Up 0.2%

Shares of JMM opened at $5.87 on Thursday. The firm’s 50 day moving average price is $5.81 and its 200 day moving average price is $5.96. Nuveen Multi-Market Income Fund has a twelve month low of $5.67 and a twelve month 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.