Nuveen Real Asset Income and Growth Fund (NYSE:JRI – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be given a dividend of 0.1335 per share on Monday, August 3rd. This represents a c) annualized dividend and a yield of 12.4%. The ex-dividend date of this dividend is Wednesday, July 15th.
Nuveen Real Asset Income and Growth Fund Trading Down 0.1%
NYSE:JRI opened at $12.94 on Thursday. The company has a fifty day moving average of $12.83 and a 200-day moving average of $12.99. Nuveen Real Asset Income and Growth Fund has a twelve month low of $11.67 and a twelve month high of $14.37.
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.
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