Nuveen Multi-Asset Income Fund (NMAI) - Net Assets
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. Check Nuveen Multi-Asset Income Fund tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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. See Nuveen Multi-Asset Income Fund defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see NMAI market cap.
| 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.
| Company | Market Cap |
|---|---|
|
PowerFleet, Inc.
NASDAQ:AIOT
|
$457.44 Million |
|
Calfrac Well Services Ltd.
TO:CFW
|
$457.48 Million |
|
Imricor Medical Systems Inc
AU:IMR
|
$457.57 Million |
|
USI Corp
TW:1304
|
$457.76 Million |
|
Thaitheparos Public Company Limited
BK:SAUCE
|
$457.25 Million |
|
Syntec Optics Holdings Inc.
NASDAQ:OPTX
|
$457.18 Million |
|
Guang Dong Sitong Group Co Ltd
SHG:603838
|
$457.05 Million |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
$457.02 Million |
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: 1.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.69x to 1.05x 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 | $13.88 | x |
| 2022-12-31 | $13.41 | $13.88 | x |
| 2023-12-31 | $13.76 | $13.88 | x |
| 2024-12-31 | $13.17 | $13.88 | 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: $1,721,515,532
- Average return on equity (ROE) among peers: -14.29%
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 | $457.26 Million |
| Acadian Asset Management Inc (AAMI) | $2.43 Billion | 0.12% | 2.51x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $2.07 Billion | 13.23% | 0.00x | $3.27 Billion |
| Associated Capital Group Inc (AC) | $651.26 Million | 0.46% | 0.16x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $370.30 Million | 7.23% | 0.04x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alpha Compute Corp (ALP) | $5.03 Million | -11.04% | 0.01x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $970.20 Million | -10.62% | 0.29x | $296.12 Million |
| Affiliated Managers Group Inc (AMG) | $4.38 Billion | 12.90% | 1.02x | $9.37 Billion |
| Ameriprise Financial Inc (AMP) | $6.29 Billion | 20.88% | 21.22x | $40.38 Billion |
| AMTD IDEA Group (AMTD) | $33.87 Million | -5.16% | 13.38x | $40.58 Million |
About Nuveen Multi-Asset Income Fund
Nuveen Multi-Asset Income Fund operates in various business sectors.