Nuveen Real Asset Income and Growth Fund (NYSE:JRI – Get Free Report) declared a monthly dividend on Monday, August 3rd. Investors of record on Friday, August 14th will be paid a dividend of 0.1335 per share on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 12.5%. The ex-dividend date of this dividend is Friday, August 14th.
Nuveen Real Asset Income and Growth Fund Price Performance
JRI stock opened at $12.83 on Tuesday. The company’s 50-day simple moving average is $12.86 and its 200-day simple moving average is $12.89. Nuveen Real Asset Income and Growth Fund has a 52-week low of $11.67 and a 52-week high of $14.37.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. CoreCap Advisors LLC lifted its position in shares of Nuveen Real Asset Income and Growth Fund by 319.6% during the 2nd quarter. CoreCap Advisors LLC now owns 69,156 shares of the company’s stock worth $896,000 after purchasing an additional 52,675 shares during the last quarter. Bank of America Corp DE boosted its holdings in Nuveen Real Asset Income and Growth Fund by 182.1% during the first quarter. Bank of America Corp DE now owns 87,224 shares of the company’s stock worth $1,073,000 after buying an additional 56,309 shares in the last quarter. Readystate Asset Management LP acquired a new stake in Nuveen Real Asset Income and Growth Fund in the first quarter valued at $354,000. Sanctuary Advisors LLC purchased a new position in shares of Nuveen Real Asset Income and Growth Fund during the 1st quarter worth approximately $128,000. Finally, Calamos Advisors LLC acquired a new position in Nuveen Real Asset Income and Growth Fund in the 1st quarter valued at about $149,000.
About Nuveen Real Asset Income and Growth Fund
Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a diversified, closed-end management investment company managed by Nuveen Advisors, LLC. The fund seeks to deliver a combination of income and capital growth by investing primarily in securities tied to real assets, including real estate investment trusts, infrastructure funds, master limited partnerships and other real asset-related equities. Launched on March 1, 2007, JRI provides investors with exposure to physical assets that can serve as an inflation hedge while pursuing consistent distribution streams.
The fund employs an active, research-driven approach to portfolio management, targeting high-quality issuers whose businesses benefit from long-term demand trends in sectors such as utilities, energy infrastructure, transportation and agriculture.
Further Reading
- Five stocks we like better than Nuveen Real Asset Income and Growth Fund
- Tyson Foods Offers a Meaty Opportunity for Income Investors
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
Receive News & Ratings for Nuveen Real Asset Income and Growth Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Real Asset Income and Growth Fund and related companies with MarketBeat.com's FREE daily email newsletter.
