Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Short Interest Down 34.3% in August

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the recipient of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 42,233 shares, a decline of 34.3% from the July 30th total of 64,271 shares. Based on an average trading volume of 153,867 shares, the short-interest ratio is presently 0.3 days.

Nuveen Real Asset Income and Growth Fund Stock Performance

Nuveen Real Asset Income and Growth Fund stock opened at $12.08 on Thursday. The stock’s 50-day moving average is $12.75 and its 200-day moving average is $12.77. Nuveen Real Asset Income and Growth Fund has a 12 month low of $11.67 and a 12 month high of $14.37.

Nuveen Real Asset Income and Growth Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be issued a $0.1335 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) annualized dividend and a yield of 13.3%.

Institutional Investors Weigh In On Nuveen Real Asset Income and Growth Fund

Institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. raised its stake in shares of Nuveen Real Asset Income and Growth Fund by 140.3% in the 2nd 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 period. Garner Asset Management Corp acquired a new stake in Nuveen Real Asset Income and Growth Fund in the 4th quarter valued at $62,000. Kestra Advisory Services LLC purchased a new position in Nuveen Real Asset Income and Growth Fund in the fourth quarter valued at about $95,000. US Bancorp DE acquired a new position in shares of Nuveen Real Asset Income and Growth Fund during the third quarter worth about $109,000. Finally, Global Retirement Partners LLC purchased a new stake in shares of Nuveen Real Asset Income and Growth Fund in the fourth quarter worth about $118,000.

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.