Nuveen Multi-Market Income Fund (JMM)
Nuveen Multi-Market Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $5.55, up 1.00% on the session, giving a market capitalisation of $52.6M. On trailing twelve-month figures it carries a trailing P/E of 14.02, a net margin of 60.8%. Its beta of 0.37 implies it has historically moved less than the broad market.
The Nuveen Multi-Market Income Fund is a closed-end mutual fund concentrating on fixed income investments, established by Nuveen Investments, Inc. Its oversight is a joint effort between Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund primarily allocates its capital within the fixed income markets of the United States, with a strategy involving the acquisition of securities from companies operating across a variety of sectors. A core component of its portfolio consists of investment-grade debt instruments, which include U.S. agency and privately issued mortgage-backed securities, corporate debt, and asset-backed securities. Historically, the fund was known as American Income Fund, Inc. It commenced operations on December 30, 1988, and maintains its domicile in the United States.
Nuveen Multi-Market Income Fund is most often compared with the following Financial Services names: