SIT Investment Associates Updates Nuveen Multi-Market Income Fund Stake
Ticker: JMM · Form: SC 13G/A · Filed: Feb 8, 2024 · CIK: 838131
| Field | Detail |
|---|---|
| Company | Nuveen Multi-Market Income Fund (JMM) |
| Form Type | SC 13G/A |
| Filed Date | Feb 8, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, closed-end-fund
Related Tickers: JMM
TL;DR
**SIT Investment Associates just updated their stake in Nuveen Multi-Market Income Fund (JMM).**
AI Summary
SIT Investment Associates Inc. filed an amended Schedule 13G/A on February 8, 2024, indicating their ownership stake in Nuveen Multi-Market Income Fund (JMM) as of December 31, 2023. This filing, Amendment No. 10, updates their previous disclosures regarding their holdings of the fund's Common Stock. For investors, this matters because it provides transparency into a significant institutional investor's position, which can influence market perception and potentially signal confidence or concern in the fund's future performance.
Why It Matters
This filing shows an institutional investor's current stake in Nuveen Multi-Market Income Fund, offering insight into their ongoing commitment to the fund.
Risk Assessment
Risk Level: low — This is a routine amendment filing by an institutional investor, indicating no immediate significant risk to the company or its shareholders.
Analyst Insight
Investors should note that SIT Investment Associates Inc. continues to hold a position in Nuveen Multi-Market Income Fund, as indicated by this routine amendment, but the filing itself does not provide details on changes in share count or percentage ownership, so further investigation into the full filing would be needed for actionable insights.
Key Players & Entities
- SIT Investment Associates Inc. (company) — the entity filing the SC 13G/A
- Nuveen Multi-Market Income Fund (company) — the issuer whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- February 8, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 10 (number) — the specific amendment number of the filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities Exchange Act of 1934, specifically Amendment No. 10.
Who is the subject company of this filing?
The subject company, or issuer, is Nuveen Multi-Market Income Fund (JMM), with CIK 0000838131.
Who filed this Schedule 13G/A?
SIT Investment Associates Inc., with CIK 0000769317, filed this Schedule 13G/A.
What is the CUSIP number for the securities reported in this filing?
The CUSIP number for the Common Stock of Nuveen Multi-Market Income Fund is 67075J107.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 8, 2024 regarding Nuveen Multi-Market Income Fund (JMM).