NYSE · Asset Management · USD

Nuveen Multi-Asset Income Fund (NMAI) Stock Analysis

Nuveen Multi-Asset Income Fund (NMAI) is a Asset Management stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

NMAI

$13.65

+$0.08 (+0.59%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NMAI Key Statistics

As of Oct 21, 2026

Trading

Open: $13.56
Previous Close: $13.57
Day's Range: 13.41–13.71
52-Week Range: 11.99–15.06
Volume: 53.44K

Valuation

Market Cap: $456.26M
P/E Ratio: 4.95
EPS (ttm): 2.76

Financials (FY)

Revenue (FY): $82.32M+119.63%
Net Income (FY): $81.27M+127.16%
Shares Outstanding: 33.43M
1-Year Return: +14.04%

Dividend and dates

Dividend: $1.39+10.26%
Ex-Dividend Date: October 15, 2026
Avg Volume: 95.74K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, NMAI closed at $13.65, +14.04% over 1 year.

Nuveen Multi-Asset Income Fund (NMAI) has a market capitalization of $456.26M.

In fiscal 2025, NMAI reported revenue of $82.32M.

NMAI Stock Return by Calendar Year

Nuveen Multi-Asset Income Fund (NMAI) return since Nov 2021: what $10,000 became

1 year: $10,000 $11,404; +14.04%
3 years: $10,000 $17,814; +78.14%
Since Nov 2021: $10,000 $12,875; +28.75%

If you had invested $10,000 in Nuveen Multi-Asset Income Fund (NMAI) at the close on November 22, 2021, the earliest close on record here, it would have been worth $12,875 at the close on October 21, 2026: +28.75% in total, +5.28% a year, with dividends reinvested, over a partial period shorter than 10 years. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

−1.71%−26.38%+19.52%+11.66%+20.03%+11.08%

2021*20222023202420252026*

Year	Return
2026 (partial year)	+11.08%
2025	+20.03%
2024	+11.66%
2023	+19.52%
2022	−26.38%
2021 (partial year)	−1.71%

As of October 21, 2026.

NMAI Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$82.32M	$81.27M	98.7%
2024	$37.48M	$35.78M	95.5%
2023	$55.99M	$54.87M	98.0%
2022	−$144.70M	−$146.56M	101.3%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$82.32M	—	—	$81.27M	98.7%
2024	$37.48M	—	—	$35.78M	95.5%
2023	$55.99M	—	—	$54.87M	98.0%
2022	−$144.70M	—	—	−$146.56M	101.3%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

NMAI Dividend History

’21’22’23’24’25’26*

$1.29−22.0% vs 2024

Dividends per share, 2025 · 8 payments

Year	Dividends per share	Payments	Change
2026*	$1.04	9	—
2025	$1.29	8	−22.0%
2024	$1.65	4	+27.2%
2023	$1.30	4	−41.8%

Year	Dividends per share	Payments	Change
2026 (partial year)	$1.04	9	—
2025	$1.29	8	−22.0%
2024	$1.65	4	+27.2%
2023	$1.30	4	−41.8%
2022	$2.24	5	+538.6%
2021	$0.35	1	—

Most recent payment: $0.12 per share, ex-dividend September 15, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

NMAI Valuation vs Asset Management Median

Median of 512 stocks

Metric	NMAI	Asset Management median	vs median
P/E	4.95	9.44	48% below

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Nuveen Multi-Asset Income Fund (NMAI) at $456.26M. The company sits in the Financial Services sector, in the Asset Management industry.

Over the past 52 weeks the price has ranged from $11.99 to $15.06. The most recent close on file for NMAI is $13.65, dated October 21, 2026. That is +$0.08 (+0.59%) against the previous close. The latest close sits 13.84% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $82.32M. Against the prior fiscal year total of $37.48M, that is a change of +119.63%. The same year closed with net income of $81.27M. That is +127.16% against the prior fiscal year. Trailing earnings per share are 2.76.

Across the 4 fiscal years on file, revenue moves from −$144.70M in 2022 to $82.32M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

NMAI trades at a trailing price-to-earnings ratio of 4.95. That is 47.56% below the Asset Management median of 9.44. The medians here are taken across 512 Asset Management companies that report the metric.

The trailing one-year total return is +14.04%. Across 3 years the annualized return works out at +21.22%. Annualized volatility over the trailing 4 years is 14.47%.

Growth & Income

The trailing dividend yield is 10.26%. That is 1.3 percentage points above the Asset Management median yield of 8.91%. The indicated annual rate is $1.39 a share. The ex-dividend date on file is October 15, 2026. Dividends are recorded for 6 calendar years; 2026 shows 9 payments totalling $1.04 a share. The year before, 2025, totalled $1.29 a share.

Across the complete calendar years on file, 2025 returned +20.03% and 2022 returned −26.38%. Of the 4 complete calendar years on file, 3 finished higher. So far in 2026 the total return is +11.08%.

Peer Comparison

Nuveen Multi-Asset Income Fund (NMAI) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Nuveen Multi-Asset Income Fund	NMAI	$456.26M	5.0
BlackRock, Inc.	BLK	$184.31B	25.8
Blackstone Inc.	BX	$127.43B	23.9
Brookfield Corporation	BN	$83.74B	69.5

The Asset Management industry average P/E ratio is 9.4x. Nuveen Multi-Asset Income Fund trades at a P/E of 5.0.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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