
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
- Analyst Ratings
Upturn AI SWOT
- About
Nuveen Multi-Asset Income Fund (NMAI)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
06/30/2025: NMAI (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $
1 Year Target Price $
0 | Strong Buy |
0 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 0% | Avg. Invested days 0 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 418.15M USD | Price to earnings Ratio 11.8 | 1Y Target Price - |
Price to earnings Ratio 11.8 | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 10.21 - 13.50 | Updated Date 06/29/2025 |
52 Weeks Range 10.21 - 13.50 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 12.09% | Basic EPS (TTM) 1.06 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE 11.8 | Forward PE - | Enterprise Value - | Price to Sales(TTM) 11.26 |
Enterprise Value - | Price to Sales(TTM) 11.26 | ||
Enterprise Value to Revenue 16.58 | Enterprise Value to EBITDA - | Shares Outstanding 33425600 | Shares Floating - |
Shares Outstanding 33425600 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 23.05 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Nuveen Multi-Asset Income Fund
Company Overview
History and Background
Nuveen Multi-Asset Income Fund (NMAI) is a closed-end management investment company. It seeks to provide a high level of current income and total return by strategically allocating assets among various income-producing asset classes.
Core Business Areas
- Investment Management: Manages a diversified portfolio of income-producing securities, including corporate bonds, preferred securities, and other asset classes.
Leadership and Structure
The fund is managed by Nuveen Fund Advisors, LLC and sub-advised by Nuveen Asset Management, LLC. Leadership consists of portfolio managers and analysts specializing in various asset classes.
Top Products and Market Share
Key Offerings
- Multi-Asset Income Fund: Nuveen Multi-Asset Income Fund (NMAI) is a closed-end fund investing in multiple income-producing asset classes globally. There is no specific market share for a fund, but it competes with other closed-end funds and ETFs offering multi-asset income strategies. Competitors include PIMCO Dynamic Income Fund (PDI) and BlackRock Multi-Sector Income Trust (BIT).
Market Dynamics
Industry Overview
The closed-end fund industry is characterized by a fixed number of shares and is subject to market sentiment and interest rate fluctuations. Demand for income-producing assets is high due to an aging population and low interest rate environment, but rising rates can negatively impact fund performance.
Positioning
Nuveen Multi-Asset Income Fund is positioned as a provider of diversified income through a multi-asset strategy. Its competitive advantage lies in the expertise of its investment management team and its ability to access a wide range of asset classes.
Total Addressable Market (TAM)
The TAM for multi-asset income funds is estimated to be in the hundreds of billions of dollars. NMAI's market share is relatively small, but it aims to capture a larger share through its investment strategy and distribution network.
Upturn SWOT Analysis
Strengths
- Experienced Investment Management Team
- Diversified Asset Allocation
- Established Brand Name (Nuveen)
- Consistent Income Generation
Weaknesses
- Closed-End Fund Structure (potential for trading at a discount to NAV)
- Expense Ratio
- Sensitivity to Interest Rate Changes
Opportunities
- Growing Demand for Income-Producing Assets
- Expansion into New Asset Classes
- Increased Distribution Efforts
- Acquisition of Smaller Funds
Threats
- Rising Interest Rates
- Economic Downturn
- Increased Competition
- Regulatory Changes
Competitors and Market Share
Key Competitors
- PDI
- BIT
Competitive Landscape
NMAI competes with other multi-asset income funds based on its investment strategy, performance, and expense ratio. Its strengths include a strong brand name and experienced management team. Weaknesses include its closed-end fund structure and expense ratio.
Growth Trajectory and Initiatives
Historical Growth: Growth has been primarily driven by asset appreciation and reinvestment of distributions.
Future Projections: Future growth depends on market conditions, investment performance, and the fund's ability to attract new investors.
Recent Initiatives: Recent initiatives likely include adjustments to asset allocation in response to changing market conditions.
Summary
Nuveen Multi-Asset Income Fund is a closed-end fund that leverages a diversified portfolio strategy to generate income. A weakness for the company would be rising interest rates and market volatility. Key strengths include Nuveen's established brand and the management team's adept asset allocation skills. NMAI needs to keep a close watch on expense ratios and market turbulence.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Publicly available financial data, fund prospectuses, and analyst reports.
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market conditions and fund performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Nuveen Multi-Asset Income Fund
Exchange NYSE | Headquaters Chicago, IL, United States | ||
IPO Launch date 2021-11-22 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | Website |
Full time employees - | Website |
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.