The takeaway
Nuveen Multi-Asset Income Fund shows a moderate seasonal pattern over 5 years of data — strongest in July (+3.6%) and softest in April (−4.3%).
Right now
In July, the stock has risen 100% of years, averaging +3.6%, about +1.4 pts better than the S&P 500.
The full picture
Nuveen Multi-Asset Income Fund's most dependable month has been July, higher in 4 of 4 years; April has been its least reliable, up just 25% of the time.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Win rate % | ||||||||||||
| Median return % | ||||||||||||
| 2025 | ||||||||||||
| 2024 | ||||||||||||
| 2023 | ||||||||||||
| 2022 | ||||||||||||
| 2021 | — | — | — | — | — | — | — | — | — | — |
Month by month
The stock's clearest edge over the S&P 500 lands in January (+1.8 pts); it has trailed the market most in April (−6.0 pts).
“vs S&P” is Nuveen Multi-Asset Income Fund’s average for a month minus the S&P 500’s average for that same month — isolating Nuveen Multi-Asset Income Fund’s own seasonal edge from broad market drift.
Reality check
Over the last 4 years, July has closed higher 100% of the time versus 100% across the last 5 years — the pattern is holding.
Figures are the typical (median) July return and how often it rose — the last 4 years versus the last 5(the heatmap’s default window). This verdict stays anchored to that 5-year window even if you zoom the chart, so it never disagrees with the badges above.
In plain English
Strip the year back and a single month does the heavy lifting: July, up in all 4 Julys while the other eleven tend to blur together.
Its average (+3.6%) and median (+3.5%) land within a hair of each other — the tell of steady, year-after-year gains rather than one outlier doing the work. It is also the calendar's calmest month, its returns swinging least from year to year (a 2.3% spread), and even its worst July in 5 years lost only 0.5% — the gentlest downside anywhere on its calendar. Crucially, the gain is the stock's own rather than a rising tide's: July has cleared the S&P 500 by +1.4 points above the index. That consistency sets it apart from the field, where the average stock manages July only about 61% of the time.
The strength clusters rather than stands alone — May–July forms a firm stretch that carries much of the year. The weaker half of the year is plainer: April has been the soft spot — the weakest of 4 months that average a loss (−4.3%), and the edge isn't year-round — the stock has trailed the S&P 500 in April, February, and September. Its roughest month on record was a −13.2% April in 2022 — a reminder of how hard even a seasonal name can fall.
The takeaway is less about when to buy than what to expect: July aside, the stock's months offer little reliable tilt. With a short 5-year record, the signal is best held loosely.
Short answers on the stock's best month (July), its worst (April), and whether it really trades seasonally.
Yes, to a moderate degree. Since 2021 its best month (July, +3.6%) has run well ahead of its worst (April, −4.3%) — the heatmap above shows how steady that gap has been year to year.
July has been the strongest, averaging +3.6% and closing higher in all 4 years on record since 2021.
It's the weakest, averaging −4.3% — historically a soft spot, though it still varies from year to year.
Explore
These names have the strongest July track records on record — a starting point for comparison.
Before you trade