Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Announces $0.13 Monthly Dividend

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) declared a monthly dividend on Friday, January 2nd. Investors of record on Thursday, January 15th will be paid a dividend of 0.1335 per share on Monday, February 2nd. This represents a c) annualized dividend and a yield of 11.6%. The ex-dividend date is Thursday, January 15th.

Nuveen Real Asset Income and Growth Fund Stock Performance

Nuveen Real Asset Income and Growth Fund stock opened at $13.80 on Tuesday. The stock has a 50-day moving average of $13.60 and a two-hundred day moving average of $13.62. Nuveen Real Asset Income and Growth Fund has a one year low of $10.59 and a one year high of $14.37.

Institutional Trading of Nuveen Real Asset Income and Growth Fund

Institutional investors have recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. purchased a new position in shares of Nuveen Real Asset Income and Growth Fund in the second quarter worth $40,000. US Bancorp DE purchased a new stake in shares of Nuveen Real Asset Income and Growth Fund during the third quarter valued at $109,000. Geneos Wealth Management Inc. increased its position in shares of Nuveen Real Asset Income and Growth Fund by 506.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 8,698 shares of the company’s stock valued at $113,000 after acquiring an additional 7,264 shares during the period. Alteri Wealth LLC purchased a new position in Nuveen Real Asset Income and Growth Fund in the 2nd quarter worth $139,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in Nuveen Real Asset Income and Growth Fund during the 3rd quarter worth about $147,000.

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.