NMAI (Nuveen Multi-Assetome Fund) Construction In Progress: $ Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NMAI Nuveen Multi-Asset Income Fund NMAI
46 GF Score
Price $14.37
GF Value $33.45
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Nuveen Multi-Assetome Fund Construction In Progress?

Nuveen Multi-Assetome Fund NMAI +0.56% 46 Construction In Progress is $ Mil as of Jun. 2026. GuruFocus rates NMAI with a GF Score™ of 46/100 and a GF Value™ of $33.45 (Possible Value Trap). The stock has 5 warning signs investors should review.


Nuveen Multi-Assetome Fund Construction In Progress Historical Data

* Premium members only.

The historical data trend for Nuveen Multi-Assetome Fund's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nuveen Multi-Assetome Fund Construction In Progress Chart

Nuveen Multi-Assetome Fund Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
- - - - -

Nuveen Multi-Assetome Fund Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -
NMAI
46GF Score
Nuveen Multi-Asset Income Fund NMAI
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen Multi-Assetome Fund Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of $ Mil mean?
Nuveen Multi-Assetome Fund (NMAI) has a Construction In Progress of $ Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Nuveen Multi-Assetome Fund and its competitors.
Is Nuveen Multi-Assetome Fund's Construction In Progress too high?
Nuveen Multi-Assetome Fund's current Construction In Progress is $ Mil. Overall, Nuveen Multi-Assetome Fund has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nuveen Multi-Assetome Fund's Construction In Progress compare to HKHC and GHY?
Nuveen Multi-Assetome Fund's Construction In Progress of $ Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Asset Management company?
A good Construction In Progress depends on the Asset Management industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Nuveen Multi-Assetome Fund and its competitors. Nuveen Multi-Assetome Fund's current Construction In Progress is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Multi-Assetome Fund stock overvalued right now?
Based on GuruFocus' analysis, Nuveen Multi-Assetome Fund (NMAI) is currently considered Possible Value Trap. The stock's GF Value™ is $33.45, compared to a current price of $14.37 — trading 57% below its estimated fair value. The current Construction In Progress is $ Mil. Nuveen Multi-Assetome Fund's overall GF Score™ is 46/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Nuveen Multi-Assetome Fund (NMAI), the current Construction In Progress is $ Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nuveen Multi-Assetome Fund (NMAI) Overvalued in 2026?

Based on GuruFocus' analysis, Nuveen Multi-Assetome Fund stock appears to be undervalued. The current stock price of $14.37 is trading 57% below its estimated GF Value™ of $33.45. GuruFocus considers Nuveen Multi-Assetome Fund to be Possible Value Trap.

Key valuation signals for NMAI:

  • Construction In Progress: $ Mil
  • GF Value™: $33.45 vs. price of $14.37 (57% below fair value)
  • GF Score™: 46/100 with 5 warning signs

No single metric tells the full story. See the NMAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nuveen Multi-Assetome Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
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.
46GF Score

Get the complete analysis for NMAI

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.37
Price
$33.45
GF Value