The Nuveen Multi-Asset Income Fund offers a high 13.78% yield, making it attractive for income-focused investors seeking substantial income from their portfolios. The NMAI closed-end fund's dynamic strategy of investing in both equities and bonds provides better inflation protection and flexibility compared to traditional fixed-income funds. Despite recent market concerns and potential recession risks, the fund has outperformed major indices, delivering a 5.79% total return over three months.

The Nuveen Multi-Asset Income Fund offers a high yield of 13.94%, making it attractive for income-focused investors despite recent underperformance. The fund's dynamic investment strategy allows flexibility across global equities and fixed-income securities, aiming for a high total return. Slightly less than half the portfolio is invested in equities, which is lower than I would like given the resurgence of inflation.

Nuveen Multi-Asset Income Fund (NMAI) is a 60/40 CEF with leverage, showing impressive results and a recent dividend increase. NMAI has a unique composition with a focus on REITs and emerging markets, and a high distribution rate. The distribution rate is not supported however, with the CEF utilizing a very high amount of ROC in its most recent fiscal year.

I spend a lot of time parsing the latest economic data before recommending funds in our monthly CEF Insider service. And while the business press almost always leads with fear when it comes to the economy, the real numbers tell us something else entirely.

The Nuveen Multi-Asset Income Fund has a high yield of 13.33%, but the market seems to think that the fund may struggle to sustain it. The fund's historical performance has been disappointing, with shares down 37.98% since inception. The fund's asset allocation is heavily weighted towards bonds, which may be a disadvantage given the current market conditions.

Nuveen Multi-Asset Income Fund has underperformed its benchmark and most asset classes since its inception in November 2021. The fund's performance has been disappointing, and it remains to be seen if it can recover and avoid distribution cuts. NMAI's allocation is diversified, with a focus on equities and debt securities globally. It has overweight exposure to real estate and utilities and underweight exposure to technology and financials.

NMAI is an interesting fund that invests in a broad range of assets, with a policy to invest even more dynamically when possible. NMAI underperformed in 2022. Its investment performance since inception on November 22, 2021, has been dismal, too, with a 46 percent price decline.

NEW YORK--(BUSINESS WIRE)--The 19(a) distribution notices for ten Nuveen closed-end funds are now available. These informational notices provide further details on the sources of the funds' regular monthly or quarterly distributions and follows the most recent monthly and quarterly distribution announcements. The full text of these notices is available below or on the Nuveen website via Distribution Source Estimates.

Term funds have a few topics making them different that I hope to clear up with today's overview. Term funds can benefit shareholders as NAV is realized one way or another.

Nuveen Multi-Asset Income Fund is a multi-asset CEF from Nuveen. The fund represents a competitor to the much better-known BlackRock Capital Allocation Trust.