Nuveen Real Asset Income and Growth Fund (JRI) to Issue Monthly Dividend of $0.13 on August 1st

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) announced a monthly dividend on Thursday, July 3rd, Wall Street Journal reports. Investors of record on Tuesday, July 15th will be given a dividend of 0.1335 per share on Friday, August 1st. This represents a $1.60 annualized dividend and a dividend yield of 11.90%. The ex-dividend date is Tuesday, July 15th.

Nuveen Real Asset Income and Growth Fund Stock Performance

Shares of NYSE JRI opened at $13.46 on Friday. Nuveen Real Asset Income and Growth Fund has a 52-week low of $10.59 and a 52-week high of $13.72. The firm has a 50 day moving average price of $13.08 and a two-hundred day moving average price of $12.74.

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

An institutional investor recently raised its position in Nuveen Real Asset Income and Growth Fund stock. Royal Bank of Canada boosted its stake in shares of Nuveen Real Asset Income and Growth Fund (NYSE:JRI) by 241.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 64,277 shares of the company’s stock after buying an additional 45,443 shares during the quarter. Royal Bank of Canada’s holdings in Nuveen Real Asset Income and Growth Fund were worth $832,000 as of its most recent SEC filing.

Nuveen Real Asset Income and Growth Fund Company Profile

Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets across the globe. The fund also makes its investments in depository receipts.