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

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 22,029 shares, a decrease 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 Investors Weigh In On Nuveen Real Asset Income and Growth Fund

A number of large investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its position 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 buying an additional 2,454 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in shares of Nuveen Real Asset Income and Growth Fund during the 4th quarter worth approximately $118,000. Sanctuary Advisors LLC bought a new position in Nuveen Real Asset Income and Growth Fund in the first quarter valued at approximately $128,000. Calamos Advisors LLC bought a new position in Nuveen Real Asset Income and Growth Fund in the first quarter valued at approximately $149,000. Finally, IMC Chicago LLC acquired a new position in Nuveen Real Asset Income and Growth Fund during the second quarter valued at approximately $213,000.

Nuveen Real Asset Income and Growth Fund Price Performance

NYSE JRI traded down $0.28 during midday trading on Tuesday, hitting $11.69. The company had a trading volume of 444,101 shares, compared to its average volume of 182,623. The firm has a 50-day moving average price of $12.59 and a 200-day moving average price of $12.70. Nuveen Real Asset Income and Growth Fund has a twelve month low of $11.62 and a twelve month high of $14.37.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be paid a $0.1335 dividend. This represents a c) dividend on an annualized basis and a yield of 13.7%. The ex-dividend date of this dividend is Tuesday, September 15th.

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 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.