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

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) declared a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be paid a dividend of 0.1335 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date is Monday, June 15th.

Nuveen Real Asset Income and Growth Fund Stock Performance

Shares of Nuveen Real Asset Income and Growth Fund stock opened at $12.65 on Tuesday. Nuveen Real Asset Income and Growth Fund has a 12-month low of $11.67 and a 12-month high of $14.37. The firm’s 50 day simple moving average is $12.73 and its two-hundred day simple moving average is $13.12.

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.