Nuveen Multi-Asset Income Fund (NMAI)
Nuveen Multi-Asset Income Fund engages in the investment in a portfolio of equity and debt securities of issuers worldwide. The company was founded on April 22, 2021 and is headquartered in Chicago, IL.
Industry: Asset Management
Nuveen Multi-Asset Income Fund
NYSE:NMAIFinancial Services · Asset Management - Income
-2.02%$13.10
AH Close$13.10+0.00%vs close
AH Close$13.10+0.00%vs close
Mkt Cap$437.88M
Float31.13M
O/S33.43M
Inst Own17.6%
SI0.6%
Div Yield10.70%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$73.07M
Net Income$81.27M
Total Assets$695.09M
Free Cash Flow$8.52M
Debt & Equity
Debt 31%
Equity 69%
Total Debt$213.09M
Total Equity$478.48M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in NMAI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$695.09M
Liabilities$216.61M
Accounts Receivable$5.96M
Accounts Payable$2.46M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Revenue | $73.07M | $30.73M | $9.11M | $25.87M | $78.32M |
| YoY Growth | 137.8% | 237.1% | -64.8% | -67.0% | - |
| Cost of Revenue | $6.11M | $9.5M | $6.01M | $7.7M | $938K |
| Gross Profit | $66.96M | $37.48M | $55.99M | $18.17M | $77.38M |
| Gross Margin | 91.6% | 122.0% | 614.3% | 70.2% | 98.8% |
| Research and Development | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $1.3M | $576K | $1.23M | $0 |
| Other | -$23.68M | $404K | $543K | $157.87M | $64.44M |
| Total Operating Expenses | -$23.68M | $1.71M | $1.12M | $159.1M | $64.44M |
| Operating Income (EBIT) | $90.64M | $45.44M | $65.44M | -$140.92M | $12.95M |
| Operating Margin | 124.0% | 147.9% | 717.9% | -544.7% | 16.5% |
| Interest Expense | $9.24M | $9.5M | $10.55M | $5.63M | $86K |
| Interest Income | $28.37M | $19.25M | $19M | $16.53M | $0 |
| Other Income (Expense) | -$9.38M | -$9.66M | -$10.57M | -$5.63M | -$150K |
| Income Before Tax (EBT) | $81.27M | $35.78M | $54.87M | -$146.56M | $12.8M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 |
| Net Income | $81.27M | $35.78M | $54.87M | -$146.56M | $12.8M |
| Net Income Margin | 111.2% | 116.4% | 602.0% | -566.5% | 16.3% |
| Supplementary Data | |||||
| EPS | 2.43 | 1.07 | 1.64 | -4.38 | 0.38 |
| Diluted EPS | 2.43 | 1.07 | 1.64 | -4.38 | 0.38 |
| Weighted Average OS | 33.43M | 33.43M | 33.43M | 33.43M | 33.43M |
| EBITDA | $90.51M | $45.44M | $65.44M | -$140.92M | $12.95M |
| EBITDA Margin | 123.9% | 147.9% | 717.9% | -544.7% | 16.5% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Assets | |||||
| Current Assets | |||||
| Cash and Cash Equivalents | $29K | $44K | $15K | $12K | $2.36M |
| Short-Term Investments | $10.3M | $25.88M | $23.4M | $3.12M | $983K |
| Cash and Short-Term Investments | $10.33M | $25.92M | $23.42M | $3.13M | $3.34M |
| Accounts Receivable | $5.96M | $5.42M | $6.47M | $8.75M | $46.22M |
| Inventory | $0 | $0 | $29.89M | $0 | $0 |
| Other Current Assets | $0 | -$5.42M | -$29.89M | $0 | $0 |
| Total Current Assets | $16.29M | $25.92M | $6.49M | $11.88M | $49.57M |
| Long-Term Assets | |||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $678.72M | $60K | $2K | $682.1M | $960.66M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $71K | $644.64M | $635.36M | $210K | $350K |
| Total Long-Term Assets | $678.8M | $644.7M | $635.36M | $682.31M | $961.01M |
| Other Assets | $0 | -$20.37M | $241K | $0 | $0 |
| Total Assets | $695.09M | $650.24M | $642.09M | $694.19M | $1.01B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | $2.46M | $5.73M | $4.21M | $7.82M | $160.91M |
| Short-Term Debt | $38.17M | $0 | $91.44M | $61.02M | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $53.19M | $0 |
| Other Current Liabilities | -$3.09M | -$492K | -$91.9M | -$61.16M | -$176K |
| Total Current Liabilities | $38.17M | $5.73M | $4.21M | $61.02M | $160.91M |
| Long-Term Liabilities | |||||
| Long-Term Debt | $174.92M | $203.27M | $85.43M | $236.42M | $178.55M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $3.52M | $924K | $1.25M | $1.6M | $1.51M |
| Total Long-Term Liabilities | $178.44M | $204.2M | $176.85M | $238.01M | $180.06M |
| Other Liabilities | $0 | $0 | $1.25M | $0 | -$160.91M |
| Total Liabilities | $216.61M | $209.93M | $182.32M | $245.84M | $340.97M |
| Stockholders' Equity | |||||
| Preferred Stock | $0 | $0 | $4.39M | $38.29M | $0 |
| Common Stock | $334K | $334K | $334K | $334K | $334K |
| Retained Earnings | $86.66M | $18.69M | -$4.39M | -$38.62M | $182.12M |
| Comprehensive Income & Other | $0 | $0 | -$4.39M | -$38.62M | $0 |
| Other Stockholders' Equity | $391.48M | $421.29M | $463.83M | $486.64M | $487.16M |
| Total Equity | $478.48M | $440.31M | $459.77M | $448.36M | $669.61M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $695.09M | $650.24M | $642.09M | $694.19M | $1.01B |
| Supplementary Data | |||||
| Total Debt | $213.09M | $203.27M | $176.85M | $236.76M | $178.73M |
| Net Debt | $213.07M | $203.23M | $176.84M | $236.75M | $176.37M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Operating Activities | |||||
| Net Income | $81.27M | $35.78M | $54.87M | -$146.56M | $12.8M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||
| Accounts Receivable | -$545K | $1.06M | $2.27M | $37.48M | -$39.75M |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$3.27M | $1.26M | -$3.48M | -$153.74M | $155.53M |
| Other Working Capital | $255K | -$330K | -$642K | $1.64M | -$1.39M |
| Total Working Capital Change | -$3.57M | $1.99M | -$1.85M | -$114.62M | $114.39M |
| Other Non-Cash Items | -$69.18M | -$9.53M | -$41.71M | $164.09M | -$10.51M |
| Net Cash from Operating | $8.52M | $28.23M | $11.31M | -$97.1M | $116.68M |
| Investing Activities | |||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$435.81M | -$251.89M | -$294.41M | -$1.04B | -$727.27M |
| Sales of Investments | $445.07M | $268.79M | $406.48M | $1.16B | $613.22M |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $9.26M | $16.9M | $112.07M | $114.47M | -$114.05M |
| Financing Activities | |||||
| Debt Repaid | -$19.41M | -$27.03M | $90.19M | -$57.15M | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$43.1M | -$55.24M | -$43.45M | -$74.7M | -$11.7M |
| Other Financing Activities | $0 | $0 | -$20.28M | -$34K | $0 |
| Net Cash from Financing | -$17.79M | -$28.21M | -$123.38M | -$17.58M | -$11.7M |
| Forex Effect | $0 | $0 | $0 | -$2.14M | $0 |
| Net Change in Cash | -$15K | $29K | $3K | -$2.35M | -$9.07M |
| Supplementary Data | |||||
| Operating Cash Flow | $8.52M | $28.23M | $103.1M | -$97.1M | $116.68M |
| Capital Expenditure | $4 | $4 | $0 | $0 | $0 |
| Free Cash Flow | $8.52M | $28.23M | $103.1M | -$97.1M | $116.68M |
| Cash at Beginning | $44K | $15K | $12K | $2.36M | $11.43M |
| Cash at End | $29K | $44K | $15K | $12K | $2.36M |