NMAI Nuveen Multi-Asset Income Fund
XNYSStock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
- Exchange
- XNYS
- Market Cap
- $0.4B
- List Date
- 2021-11-22
- CIK
- 0001861115
- Homepage
- https://www.nuveen.com
Nuveen Multi-Asset Income Fund is a closed-end management investment company. The Fund dynamically invests in a portfolio of equity and debt securities of issuers located around the world. This dynamic investment uses a risk-based framework in which any amount can be allocated to an asset-class at any time. The Fund's investment objective is to provide total return through high current income and capital appreciation.
- Expense ratio
- —
- Assets
- $438M shares × price, Oct 23, 2026
- Trailing yield
- —
- Average daily volume
- $1.5M 30 sessions
- Holdings
- —
- Listed
- Nov 22, 2021 NYSE
Moves with. US large-cap stocks (35% of its variance, beta 0.80); Value over growth (4% of its variance, beta -0.12). These factors explain 38% of its daily moves over the last year.
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| BINCiShares Flexible Income Active ETF | — | 0.40% | $16.7B | −5.1% | compare |
| PYLDPIMCO Multi Sector Bond Active ETF | — | 0.64% | $16.6B | −5.2% | compare |
| JPIEJPMorgan Income ETF | — | 0.39% | $11.2B | −2.9% | compare |
| BONDPIMCO Active Bond Exchange-Traded Fund | — | 0.54% | $8.7B | −6.3% | compare |
| CGCPCapital Group Core Plus Income ETF | — | 0.34% | $8.6B | −6.3% | compare |
The largest other funds in the Multisector Bond category.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -- | -5.48% | 9.57% | -0.41% | 2.81% | 4.48% | 2.19% |
| Feb | -- | -8.04% | -5.37% | -1.55% | 1.86% | 1.69% | -2.28% |
| Mar | -- | 0.43% | -4.63% | 2.22% | -4.83% | -9.88% | -3.34% |
| Apr | -- | -13.25% | 1.73% | -4.85% | -1.00% | 10.16% | -1.44% |
| May | -- | 4.86% | -2.74% | 3.04% | 3.08% | 2.45% | 2.14% |
| Jun | -- | -12.41% | 2.28% | 0.57% | 1.12% | -0.07% | -1.70% |
| Jul | -- | 3.77% | 3.20% | 6.88% | -0.47% | -0.64% | 2.55% |
| Aug | -- | -1.24% | -1.66% | 4.42% | 2.43% | 3.38% | 1.47% |
| Sep | -- | -14.62% | -6.00% | -0.45% | 2.85% | -0.89% | -3.82% |
| Oct | -- | -4.35% | -3.34% | -4.41% | 1.53% | -8.71%* | -3.86% |
| Nov | -7.91% | 5.47% | 7.46% | 1.67% | -0.75% | -- | 1.19% |
| Dec | 4.02% | -7.34% | 3.62% | -6.23% | -1.73% | -- | -1.53% |
| Total | -4.21% | -43.11% | 2.75% | 0.06% | 6.79% | 0.36% | -6.23% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report: NMAI
Executive Summary
Overall Assessment: NEUTRAL (confidence level 6/10)
Key Drivers:
- Neutral trend signals from SMA and EMA indicators
- Low volatility, indicating a stable market environment
- Lack of recent news headlines to drive sentiment
Primary Risks:
- Potential for price consolidation or range-bound trading
- Uncertainty surrounding earnings releases and options activity
Investment Thesis: NMAI is currently trending sideways within a relatively tight range. While there are no significant bullish or bearish catalysts, the stock's low volatility and stable market environment suggest a neutral assessment. Further analysis suggests that any potential upside may be limited by lack of recent news headlines.
Recent News Sentiment Impact: No recent news headlines available for analysis.
Technical Analysis
Trend Direction: Short-term: Neutral (range-bound), Medium-term: Sideways, Long-term: Bullish (upward trend)
Support/Resistance Levels:
- Key support levels: $13.64 (lower Bollinger Band) and $13.34 (SMA 200)
- Key resistance levels: $14.15 (upper Bollinger Band) and $14.30 (untested resistance)
Momentum Signals:
- RSI interpretation: Neutral (52.02, within the middle third of the range)
- MACD signal: Bullish momentum
- Bollinger Bands position: Neutral
Volume Analysis: Volume trends and institutional interest signals:
- Volume SMA 20: declining, indicating decreased trading activity
- On-Balance Volume (OBV): rising, suggesting increasing buying pressure
- Volume Rate of Change: -43.82%, indicating a decline in volume
News & Sentiment Analysis
Recent Headlines Summary: No recent news headlines available.
Sentiment Assessment: Neutral sentiment due to lack of recent news.
Catalyst Identification: Earnings releases and options activity are potential catalysts, but no specific dates or events are provided.
Market Narrative: The neutral market narrative is driven by the stock's sideways trend and lack of recent news headlines.
Risk & Volatility Assessment
Beta Interpretation: Low risk (beta 0.75) relative to the market.
Volatility Regime: Low volatility, indicating a stable market environment.
Options Market Signals: No options data available for analysis.
Downside Protection: Support levels and risk management considerations:
- Critical price level: $13.64 (lower Bollinger Band)
- Breakout/breakdown levels: $14.15 (upper Bollinger Band) and $13.34 (SMA 200)
Market Context & Positioning
Sector Performance: N/A (no sector-specific data provided).
Institutional Activity: N/A (no institutional interest signals detected).
Correlation Analysis: Correlation coefficient: 0.68, indicating a moderate correlation with the market.
Relative Valuation: Position within trading range:
- Relative strength vs market: N/A
- Time-sensitive catalysts: Earnings releases and options activity are potential catalysts, but no specific dates or events are provided
Key Levels & Action Items
Critical Price Levels:
- Support levels: $13.64 (lower Bollinger Band) and $13.34 (SMA 200)
- Resistance levels: $14.15 (upper Bollinger Band)
Breakout/Breakdown Levels:
- Breakout level: $14.30 (untested resistance)
- Breakdown level: $13.34 (SMA 200)
Time-Sensitive Catalysts: Earnings releases and options activity are potential catalysts, but no specific dates or events are provided.
Risk Management: Stop-loss levels and position sizing considerations:
- Critical price level: $13.64 (lower Bollinger Band)
- Risk management consideration: Monitor volume trends and institutional interest signals for potential changes in market sentiment.
NMAI Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Enter a ticker to render the implied volatility surface.
Enter a ticker to render the implied volatility smile.
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Low volatility - stock moves less than market
| Investor | Value | Share of their portfolio | Rank | Q/Q shares | Source |
|---|---|---|---|---|---|
| Rockefeller Capital Management Family office Rockefeller family | $833K | #1814 of 4729 | 0.0% | 13F | |
| Millennium Management Hedge fund Izzy Englander | $461K | #3208 of 3716 | -44.7% | 13F |
Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions
NMAI Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
NMAI Insider Trading (Form 4)
Latest: 2026-03-06| Filed | Reporter | Role | Action | Shares | Avg Price | Net $ | Link |
|---|---|---|---|---|---|---|---|
| 2026-03-06 | William A Siffermann | Vice President | Buy (P) | +75 | $13.44 | $1.0K | EDGAR |
| 2025-01-16 | Saba Capital Management, L.P. | 10%+ Owner | Sell (S) | −127,942 | $12.04 | -$1.54M | EDGAR |
| 2025-01-14 | Boaz Weinstein | 10%+ Owner | Sell (S) | −77,152 | $11.89 | -$917.1K | EDGAR |
| 2025-01-10 | Saba Capital Management, L.P. | 10%+ Owner | Sell (S) | −86,472 | $12.04 | -$1.04M | EDGAR |
| 2025-01-07 | Saba Capital Management, L.P. | 10%+ Owner | Sell (S) | −64,844 | $12.21 | -$791.7K | EDGAR |
| 2025-01-06 | Boaz Weinstein | 10%+ Owner | Sell (S) | −202,252 | $12.09 | -$2.45M | EDGAR |
| 2025-01-02 | Saba Capital Management, L.P. | 10%+ Owner | Sell (S) | −69,874 | $12.12 | -$846.9K | EDGAR |
| 2024-12-31 | Boaz Weinstein | 10%+ Owner | Sell (S) | −208,498 | $12.07 | -$2.52M | EDGAR |
| 2024-12-27 | Boaz Weinstein | 10%+ Owner | Sell (S) | −166,530 | $12.09 | -$2.01M | EDGAR |
| 2024-12-23 | Boaz Weinstein | 10%+ Owner | Sell (S) | −2,000 | $11.94 | -$23.9K | EDGAR |
| 2024-12-19 | Boaz Weinstein | 10%+ Owner | Sell (S) | −39,964 | $12.23 | -$488.6K | EDGAR |
| 2024-12-16 | Boaz Weinstein | 10%+ Owner | Sell (S) | −156,344 | $12.66 | -$1.98M | EDGAR |
| 2024-12-12 | Saba Capital Management, L.P. | 10%+ Owner | Sell (S) | −91,188 | $12.85 | -$1.17M | EDGAR |
| 2024-12-10 | Saba Capital Management, L.P. | 10%+ Owner | Sell (S) | −56,712 | $12.91 | -$732.2K | EDGAR |
| 2024-12-09 | Saba Capital Management, L.P. | 10%+ Owner | Sell (S) | −97,730 | $12.90 | -$1.26M | EDGAR |
NMAI Insider Holdings
3 insiders · @ $13.20| # | Insider | Role | Shares | Disclosed Exposure | Lifetime OM Net | Filings | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Boaz Weinstein | 10%+ Owner | 3,409,288 | $45.00M | -$872.8K | 22 | 2025-01-14 |
| 2 | Saba Capital Management, L.P. | 10%+ Owner | 3,320,294 | $43.83M | -$3.54M | 35 | 2025-01-16 |
| 3 | William A Siffermann | Vice President | 330 | $4.4K | $1.0K | 1 | 2026-03-06 |
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.