Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Short Interest Update

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 39,887 shares, a decrease of 41.0% from the June 15th total of 67,648 shares. Based on an average trading volume of 125,429 shares, the days-to-cover ratio is presently 0.3 days.

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

A number of hedge funds have recently added to or reduced their stakes in JRI. Garner Asset Management Corp bought a new stake in Nuveen Real Asset Income and Growth Fund in the fourth quarter worth approximately $62,000. Kestra Advisory Services LLC bought a new stake in Nuveen Real Asset Income and Growth Fund in the fourth quarter worth $95,000. US Bancorp DE acquired a new position in Nuveen Real Asset Income and Growth Fund during the third quarter worth $109,000. Global Retirement Partners LLC acquired a new position in Nuveen Real Asset Income and Growth Fund during the fourth quarter worth $118,000. Finally, Sanctuary Advisors LLC bought a new position in Nuveen Real Asset Income and Growth Fund during the first quarter valued at about $128,000.

Nuveen Real Asset Income and Growth Fund Price Performance

Shares of NYSE:JRI traded down $0.03 during midday trading on Thursday, hitting $12.97. 99,412 shares of the stock were exchanged, compared to its average volume of 193,779. Nuveen Real Asset Income and Growth Fund has a 52-week low of $11.67 and a 52-week high of $14.37. The business’s fifty day simple moving average is $12.86 and its two-hundred day simple moving average is $12.96.

Nuveen Real Asset Income and Growth Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Wednesday, July 15th will be issued a dividend of $0.1335 per share. This represents a c) annualized dividend and a dividend yield of 12.3%. The ex-dividend date is Wednesday, July 15th.

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.