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

Nuveen Multi-Market Income Fund (NYSE:JMM) declared a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.029 per share on Monday, February 3rd. This represents a $0.35 dividend on an annualized basis and a dividend yield of 5.74%. The ex-dividend date is Wednesday, January 15th.

Nuveen Multi-Market Income Fund Price Performance

NYSE JMM traded down $0.03 during trading on Friday, hitting $6.06. 13,258 shares of the company’s stock traded hands, compared to its average volume of 9,129. The business has a 50 day moving average of $6.05 and a 200-day moving average of $6.12. Nuveen Multi-Market Income Fund has a 12-month low of $5.78 and a 12-month high of $6.47.

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.