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NMAI
Upturn stock ratingUpturn stock rating

Nuveen Multi-Asset Income Fund (NMAI)

Upturn stock ratingUpturn stock rating
$12.63
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/30/2025: NMAI (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $

1 Year Target Price $

Analysts Price Target For last 52 week
$Target price
Low$
Current$12.63
high$

Analysis of Past Performance

Type Stock
Historic Profit 0%
Avg. Invested days 0
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

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 -

ai summary icon Upturn AI SWOT

Nuveen Multi-Asset Income Fund

stock logo

Company Overview

overview logo 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.

business area logo Core Business Areas

  • Investment Management: Manages a diversified portfolio of income-producing securities, including corporate bonds, preferred securities, and other asset classes.

leadership logo 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

overview logo 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 logo 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

competitor logo 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.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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