Nuveen Real Asset Income and Growth Fund (NYSE:JRI – Get Free Report) announced a monthly dividend on Monday, November 2nd. Stockholders of record on Friday, November 13th will be given a dividend of $0.1335 per share on Tuesday, December 1st. This represents a $1.60 annualized dividend and a dividend yield of 14.2%. The ex-dividend date is Friday, November 13th.
Nuveen Real Asset Income and Growth Fund Trading Down 0.2%
JRI stock opened at $11.24 on Tuesday. The company’s 50 day simple moving average is $11.30 and its 200-day simple moving average is $12.47. Nuveen Real Asset Income and Growth Fund has a 12 month low of $10.31 and a 12 month high of $13.94.
Hedge Funds Weigh In On Nuveen Real Asset Income and Growth Fund
Institutional investors have recently made changes to their positions in the stock. Private Advisor Group LLC raised its stake in Nuveen Real Asset Income and Growth Fund by 1.3% in the 1st quarter. Private Advisor Group LLC now owns 139,914 shares of the company’s stock valued at $1,721,000 after purchasing an additional 1,750 shares during the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in shares of Nuveen Real Asset Income and Growth Fund by 17.9% during the third quarter. B. Riley Wealth Advisors Inc. now owns 12,873 shares of the company’s stock worth $139,000 after buying an additional 1,954 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Nuveen Real Asset Income and Growth Fund by 140.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,203 shares of the company’s stock worth $54,000 after buying an additional 2,454 shares in the last quarter. Chicago Partners Investment Group LLC boosted its position in Nuveen Real Asset Income and Growth Fund by 12.1% during the first quarter. Chicago Partners Investment Group LLC now owns 93,073 shares of the company’s stock worth $1,210,000 after acquiring an additional 10,066 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in Nuveen Real Asset Income and Growth Fund in the 1st quarter valued at $128,000.
Nuveen Real Asset Income and Growth Fund Company Profile
Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a closed-end management investment company designed to provide investors with high current income and the opportunity for capital appreciation. The fund is managed by Nuveen Asset Management, an investment management firm and subsidiary of TIAA.
JRI invests primarily in securities issued by companies involved in real asset industries, including infrastructure, real estate, utilities, energy and related sectors. Its portfolio may include common stocks, preferred securities, income-producing debt instruments and investments in real estate investment trusts and infrastructure companies.
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