Nuveen Multi-Asset Income Fund

NYSE:NMAI USA Asset Management
Market Cap
$428.52 Million
Market Cap Rank
#40518 Global
#13135 in USA
Share Price
$12.82
Change (1 day)
+1.02%
52-Week Range
$10.75 - $13.88
All Time High
$13.88
About

Nuveen Multi-Asset Income Fund operates in various business sectors.

Nuveen Multi-Asset Income Fund (NMAI) - Net Assets

Latest net assets as of June 2025: $461.82 Million USD

Based on the latest financial reports, Nuveen Multi-Asset Income Fund (NMAI) has net assets worth $461.82 Million USD as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($691.82 Million) and total liabilities ($230.01 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $461.82 Million
% of Total Assets 66.75%
Annual Growth Rate -13.04%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 15.43

Nuveen Multi-Asset Income Fund - Net Assets Trend (2021–2024)

This chart illustrates how Nuveen Multi-Asset Income Fund's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Nuveen Multi-Asset Income Fund (2021–2024)

The table below shows the annual net assets of Nuveen Multi-Asset Income Fund from 2021 to 2024.

Year Net Assets Change
2024-12-31 $440.31 Million -4.23%
2023-12-31 $459.77 Million +2.55%
2022-12-31 $448.36 Million -33.04%
2021-12-31 $669.61 Million --

Equity Component Analysis

This analysis shows how different components contribute to Nuveen Multi-Asset Income Fund's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 89.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings $18.69 Million 4.25%
Common Stock $334.26K 0.08%
Other Components $421.29 Million 95.68%
Total Equity $440.31 Million 100.00%

Nuveen Multi-Asset Income Fund Competitors by Market Cap

The table below lists competitors of Nuveen Multi-Asset Income Fund ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nuveen Multi-Asset Income Fund's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 459,773,664 to 440,312,858, a change of -19,460,806 (-4.2%).
  • Net income of 35,775,073 contributed positively to equity growth.
  • Dividend payments of 55,235,879 reduced retained earnings.
  • Other comprehensive income increased equity by 4,387,888.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $35.78 Million +8.12%
Dividends Paid $55.24 Million -12.54%
Other Comprehensive Income $4.39 Million +1.0%
Other Changes $-4.39 Million -1.0%
Total Change $- -4.23%

Book Value vs Market Value Analysis

This analysis compares Nuveen Multi-Asset Income Fund's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.97x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has increased from 0.64x to 0.97x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2021-12-31 $20.03 $12.82 x
2022-12-31 $13.41 $12.82 x
2023-12-31 $13.76 $12.82 x
2024-12-31 $13.17 $12.82 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nuveen Multi-Asset Income Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 8.12%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 116.43%
  • • Asset Turnover: 0.05x
  • • Equity Multiplier: 1.48x
  • Recent ROE (8.12%) is above the historical average (-2.68%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2021 1.91% 16.34% 0.08x 1.51x $-54.17 Million
2022 -32.69% 0.00% -0.21x 1.55x $-191.39 Million
2023 11.93% 602.02% 0.01x 1.40x $8.89 Million
2024 8.12% 116.43% 0.05x 1.48x $-8.26 Million

Industry Comparison

This section compares Nuveen Multi-Asset Income Fund's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $310,488,743
  • Average return on equity (ROE) among peers: -23.81%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Nuveen Multi-Asset Income Fund (NMAI) $461.82 Million 1.91% 0.50x $124.57K
Aberdeen International Inc (AABVF) $136.31 Million 25.56% 0.23x $2.78 Million
Acadian Asset Management Inc (AAMI) $-17.60 Million 0.00% 0.00x $1.39 Billion
AllianceBernstein Holding L.P. (AB) $402.30 Million 32.07% 0.95x $3.43 Billion
VIVO Cannabis Inc (ABCCF) $164.13 Million 16.36% 0.09x $148.26 Million
Associated Capital Group Inc (AC) $502.13 Million 5.33% 0.17x $42.54 Million
Adrian Resources Ltd (ADLRF) $605.01 Million 3.35% 0.58x $609.82 Million
Abrdn Emerging Markets Equity Income Fund Inc (AEF) $85.10 Million -65.65% 0.01x $77.20K
AGF Management Limited (AGFMF) $1.12 Billion 10.14% 3.56x $298.43 Million
Agronomics Limited (AGNMF) $100.03 Million 1.02% 0.02x $57.14 Million
AgriFORCE Growing Systems Ltd (AGRI) $6.11 Million -266.31% 0.76x $2.71 Million