Nuveen Real Asset Income and Growth Fund (JRI) To Go Ex-Dividend on October 15th

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) announced a monthly dividend on Thursday, October 1st. Investors of record on Thursday, October 15th will be paid a dividend of $0.1335 per share on Monday, November 2nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 14.8%. The ex-dividend date of this dividend is Thursday, October 15th.

Nuveen Real Asset Income and Growth Fund Stock Performance

Shares of NYSE JRI opened at $10.86 on Friday. The firm has a 50 day moving average price of $12.12 and a 200 day moving average price of $12.54. Nuveen Real Asset Income and Growth Fund has a 52-week low of $10.56 and a 52-week high of $14.37.

Hedge Funds Weigh In On Nuveen Real Asset Income and Growth Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in JRI. NewEdge Advisors LLC increased its position in shares of Nuveen Real Asset Income and Growth Fund by 108.4% in the second quarter. NewEdge Advisors LLC now owns 56,714 shares of the company’s stock valued at $735,000 after acquiring an additional 29,498 shares during the last quarter. IMC Chicago LLC bought a new stake in Nuveen Real Asset Income and Growth Fund during the second quarter worth $213,000. Northwestern Mutual Wealth Management Co. lifted its stake in Nuveen Real Asset Income and Growth Fund by 140.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,203 shares of the company’s stock valued at $54,000 after acquiring an additional 2,454 shares during the last quarter. CoreCap Advisors LLC lifted its stake in Nuveen Real Asset Income and Growth Fund by 319.6% in the second quarter. CoreCap Advisors LLC now owns 69,156 shares of the company’s stock valued at $896,000 after acquiring an additional 52,675 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of Nuveen Real Asset Income and Growth Fund by 182.1% in the 1st quarter. Bank of America Corp DE now owns 87,224 shares of the company’s stock valued at $1,073,000 after acquiring an additional 56,309 shares during the period.

Nuveen Real Asset Income and Growth Fund Company Profile

Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a diversified, closed-end management investment company advised by Nuveen Fund Advisors. The fund seeks to provide a high level of current income and long-term total return by investing primarily in securities associated with real assets.

Its portfolio may include infrastructure companies, real estate investment trusts, utilities, energy-related businesses, and other issuers whose assets or operations are linked to tangible resources.