William A. Siffermann

NMAI

VICE PRESIDENT · NUVEEN MULTI-ASSET INCOME FUND · CIK 0001714150

FILING MIX · LIFETIME89%/11%

BUYS

SELLS

TOTAL VALUE

$13.2K

COMPANIES

ACTIVE SINCE

Mar 2023

HOLDINGS NOW

3,386

AVG SELL PX

—

Trades · vs SPY

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Performance · forward returns vs SPY

8 backtested trades · 8 horizons · 17 pending

Forward-return performance of every backtestable P/S trade by William A. Siffermann, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.

HORIZON	TRADES	WIN RATE	INSIDER RETURN	SPY RETURN	MEAN EXCESS	MEDIAN EXCESS	T-STAT
7d	8	+12.50%	-1.86%	-1.36%	-0.50%	-0.72%	—
14d	8	+12.50%	-2.62%	-4.35%	+1.73%	+1.32%	—
30d	8	+12.50%	-4.14%	-4.31%	+0.18%	+0.21%	—
60d	8	+12.50%	-2.72%	+5.01%	-7.73%	-8.16%	—
90d	8	+12.50%	-1.58%	+6.79%	-10.87%	-9.80%	—
180d	8(5 pending)	+33.33%	-4.63%	+13.34%	-17.97%	-17.38%	—
1y	8(5 pending)	+66.67%	-2.30%	+20.48%	-22.78%	-22.25%	—
2y	8(7 pending)	+0.00%	+0.00%	+41.41%	-41.41%	-41.41%	—

How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.

Holdings over time

Not enough transaction history to chart holdings.

Trading cadence · quarterly flow

BUY ● SELL ●

2023

2024

2025

2026

FLOW · 8 buys / 1 sellsCOVERAGE · 13 quarters

Form 4 filings · all activity

COMPANY	TYPE	SHARES	PRICE	VALUE	HELD AFTER	TRADE DATE	FILED	DETAILS
NAD NUVEEN QUALITY MUNICIPAL INCOME FUND	PURCHASE Vice President	100	$12.06	$1.2K	1,041.322	Mar 5, 2026	Mar 6, 2026 ↗	View →
NMZ NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND	PURCHASE Vice President	100	$10.48	$1.0K	913.972	Mar 5, 2026	Mar 6, 2026 ↗	View →
JRS NUVEEN REAL ESTATE INCOME FUND	PURCHASE Vice President	100	$8.11	$811	485.357	Mar 5, 2026	Mar 6, 2026 ↗	View →
NMAI NUVEEN MULTI-ASSET INCOME FUND	PURCHASE Vice President	75	$13.44	$1.0K	330.097	Mar 4, 2026	Mar 6, 2026 ↗	View →
NBB NUVEEN TAXABLE MUNICIPAL INCOME FUND	PURCHASE Vice President	75	$16.20	$1.2K	615.13	Mar 4, 2026	Mar 6, 2026 ↗	View →
JQC NUVEEN CREDIT STRATEGIES INCOME FUND	SALE Vice President	555	—	—	0	May 5, 2025	May 6, 2025 ↗	View →
NMZ NUVEEN MUNICIPAL HIGH INCOME OPPORTUNITY FUND	PURCHASE Vice President	300	$11.08	$3.3K	609.806	Mar 21, 2025	Mar 24, 2025 ↗	View →
NAD NUVEEN QUALITY MUNICIPAL INCOME FUND	PURCHASE Vice President	300	$11.61	$3.5K	724.324	Mar 21, 2025	Mar 24, 2025 ↗	View →
NAD NUVEEN QUALITY MUNICIPAL INCOME FUND	PURCHASE Vice President	100	$11.43	$1.1K	424.324	Mar 30, 2023	Apr 5, 2023 ↗	View →

Other insiders · NMAI

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About this filer

CIK 0001714150

ROLE

Vice President

PRIMARY

NMAI

COMPANIES

ACTIVE SINCE

Mar 2023

MARKETPEEL · /INSIDER/0001714150DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE

William A. Siffermann

The morning brief, before the bell.