Nuveen Multi-Asset Income Fund (NMAI) Total Return Calculator
$10,000 since Nov 2021, with and without reinvesting · data through Oct 2026
Since Nov 2021, $10,000 became $14,344 reinvested (7.6% a year), or $12,233 taking the dividends as cash, $4,561 of it paid out along the way.
NMAI became
$14,344
S&P 500: $17,736
Return a year
7.6%
S&P 500: 12.4%
Payouts reinvested
$6,256
bought more shares
Worst drop
-34.1%
S&P 500: -23.9%
$10,000, Nov 2021 to Oct 2026
Payouts reinvested · S&P 500 reinvested
| Year | NMAI total return | Paid out | S&P 500 |
|---|---|---|---|
| 2026 (part) | +14.0% | $1,173 | +11.7% |
| 2025 | +20.0% | $1,200 | +17.7% |
| 2024 | +11.6% | $1,357 | +24.9% |
| 2023 | +19.5% | $946 | +26.2% |
| 2022 | −26.4% | $1,374 | −18.2% |
| 2021 (part) | +6.7% | $206 | +4.6% |
"Paid out" is what your holding received that year. Month-end prices; no costs or taxes.
Key facts: NMAI total return
Data as of · Source: SmarterDividends data
- $10,000 invested in Nuveen Multi-Asset Income Fund (NMAI) at the end of Nov 2021, with dividends reinvested, was worth $14,344 at the end of Oct 2026: 7.6% a year, against $17,736 (12.4% a year) in the S&P 500.
- Taking NMAI's dividends as cash instead of reinvesting them, the same $10,000 ended at $12,233, including $4,561 of cash received; reinvesting added $2,112.
- NMAI's best calendar year in that time was 2025 (20.0%) and its worst 2022 (-26.4%), with dividends reinvested.
Cite this page
SmarterDividends, "Nuveen Multi-Asset Income Fund (NMAI) Total Return Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/NMAI/total-return
NMAI total return questions
What is NMAI's total return since Nov 2021?
43% in total, or 7.6% a year, through Oct 2026 with dividends reinvested. The share price alone fell 23%.
How much of NMAI's return came from dividends?
About 100% of its yearly return since Nov 2021. Reinvesting them, rather than taking cash, left you $2,112 better off on a $10,000 start.
What was NMAI's worst year?
2022, at -26.4% with dividends reinvested (S&P 500: -18.2%). Its deepest fall from a peak, on month-end values, was -34.1%.
How is total return calculated here?
From month-end prices: the adjusted price counts every dividend reinvested in the month it was paid; the plain price doesn't. The S&P 500 is SPY with its dividends reinvested. No trading costs or taxes.