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

Key Points

• Nuveen Multi-Market Income Fund (NYSE:JMM) has announced a monthly dividend of $0.03 to be distributed on October 1st, with an annualized yield of 5.5%.
• The stock's trading price recently increased by 0.3% to $6.33, with a 52-week range between $5.68 and $6.47.
• The fund is a closed-ended fixed income mutual fund managed by Nuveen Investments, focusing on diversified sectors within the U.S. fixed income markets.

Nuveen Multi-Market Income Fund (NYSE:JMM - Get Free Report) announced a monthly dividend on Wednesday, September 3rd, Wall Street Journal reports. Investors of record on Monday, September 15th will be given a dividend of 0.029 per share on Wednesday, October 1st. This represents a c) annualized dividend and a yield of 5.5%. The ex-dividend date is Monday, September 15th.

Nuveen Multi-Market Income Fund Stock Up 0.3%

JMM traded up $0.02 during trading hours on Wednesday, hitting $6.33. The company's stock had a trading volume of 801 shares, compared to its average volume of 7,091. Nuveen Multi-Market Income Fund has a fifty-two week low of $5.68 and a fifty-two week high of $6.47. The company has a 50-day simple moving average of $6.33 and a 200 day simple moving average of $6.19.

Nuveen Multi-Market Income Fund Company Profile

Nuveen Multi-Market Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.

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