Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Short Interest Down 47.8% in August

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 22,029 shares, a decline of 47.8% from the August 15th total of 42,233 shares. Based on an average daily trading volume, of 134,242 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Nuveen Real Asset Income and Growth Fund

Several hedge funds have recently modified their holdings of JRI. Northwestern Mutual Wealth Management Co. raised its position 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 acquiring an additional 2,454 shares during the last quarter. Global Retirement Partners LLC bought a new position in Nuveen Real Asset Income and Growth Fund in the fourth quarter valued at about $118,000. Sanctuary Advisors LLC bought a new position in Nuveen Real Asset Income and Growth Fund in the first quarter valued at about $128,000. Calamos Advisors LLC acquired a new stake in Nuveen Real Asset Income and Growth Fund in the first quarter worth about $149,000. Finally, IMC Chicago LLC acquired a new stake in Nuveen Real Asset Income and Growth Fund in the second quarter worth about $213,000.

Nuveen Real Asset Income and Growth Fund Stock Down 0.6%

NYSE JRI traded down $0.07 on Wednesday, hitting $11.55. 191,594 shares of the company were exchanged, compared to its average volume of 182,676. Nuveen Real Asset Income and Growth Fund has a 1-year low of $11.50 and a 1-year high of $14.37. The firm has a 50 day moving average of $12.56 and a two-hundred day moving average of $12.69.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.1335 per share. This represents a c) dividend on an annualized basis and a dividend yield of 13.9%. The ex-dividend date is Tuesday, September 15th.

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.