# Nuveen Multi-Asset Income Fund Common Shares of Beneficial Interest (NMAI) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Capital Markets. Price $14.57, market value $487 million.

## Valuation
- **P/E (trailing): 5.3×** (5-yr avg 7.6×, 3-yr avg 7.6×). Nuveen Multi-Asset Income Fund Common Shares of Beneficial Interest trades at 5.3× trailing earnings, well below its own five-year average of 7.6×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 5.9×**. Each dollar of revenue is priced at 5.9×.
- **Price / book: 1.0×**. The shares trade at 1.0× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 6.8%** (5-yr avg 16.0%). Free cash flow equals 6.8% of the market value, below its five-year average of 16.0%, so the shares are pricier on cash than usual. Above 5% is generally attractive.
- **Earnings yield: 18.9%**. The inverse of the P/E: 18.9% of the price is earned each year.

## Profitability
- **Net margin: 98.7%**. 98.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 17.0%**. 17.0% on shareholders' equity is solid.
- **Return on assets: 11.7%**. Each dollar of assets produces 11.7% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): 119.6%**. Revenue grew 119.6% over the last year.
- **Free-cash-flow growth (3 yr): 29.9%/yr**. Free cash flow has compounded at 29.9% a year over three years.

## Financial health
- **Cash and short-term investments: $28,534**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 9.55%** ($1.39 per share, trailing). Nuveen Multi-Asset Income Fund Common Shares of Beneficial Interest yields 9.55%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 53%** (129% of free cash flow). 53% of earnings goes out as dividends, leaving room to keep raising it.

## Price and momentum
- **Total return (1 yr): 26.7%** (YTD 18.6%, 3-mo 8.4%). The shares are up 26.7% over twelve months including dividends.
- **From 52-week high: -3.3%** (21.5% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 57**. An RSI of 57 is neutral.
- **Beta (1 yr): 0.73** (volatility 14%). Beta of 0.73 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NMAI · Page: https://foliofundamentals.com/stocks/nmai

Not investment advice.