3 Cheap 12%+ Dividends the Rebound Left Behind
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 02 2025
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Source: NASDAQ.COM
Investment Opportunity: Following the April stock market decline, there are attractive opportunities in closed-end funds (CEFs) offering dividends over 12%, with discounts to their net asset values (NAV) still available for income investors.
Highlighted Funds: Three specific CEFs are recommended: Nuveen Floating Rate Income Fund (JFR) with a 12.5% yield, Nuveen Multi-Asset Income Fund (NMAI) at 13.6%, and abrdn Total Dynamic Dividend Fund (AOD) yielding 12.8%, all of which are expected to benefit from narrowing discounts and increasing investor interest.
Analyst Views on NMAI
Wall Street analysts forecast NMAI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NMAI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 13.220
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Current: 13.220
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About NMAI
Nuveen Multi-Asset Income Fund (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is to provide a total return through high current income and capital appreciation. Under normal circumstances, the Fund invests in a portfolio of equity and debt securities of issuers located around the world. The Fund may invest in equity and debt securities of any type. The Fund may also invest in inverse floating-rate securities. The Fund may invest in debt securities paying a fixed or fluctuating rate of interest and with any maturity or duration. The Fund may invest in all types of preferred securities, including both traditional and non-traditional preferred securities. The Fund may use derivatives for a variety of reasons, including but not limited to adjusting its exposures to markets, sectors, asset classes, and securities, and may utilize derivatives of any type. The Fund’s investment adviser is Nuveen Fund Advisors, LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
