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

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) announced a monthly dividend on Thursday, October 1st. Investors of record on Thursday, October 15th will be given a dividend of $0.1335 per share on Monday, November 2nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 14.9%. The ex-dividend date is Thursday, October 15th.

Nuveen Real Asset Income and Growth Fund Stock Down 0.0%

Shares of JRI opened at $10.77 on Friday. The company has a 50 day moving average price of $12.16 and a 200-day moving average price of $12.55. Nuveen Real Asset Income and Growth Fund has a fifty-two week low of $10.56 and a fifty-two week high of $14.37.

Institutional Trading of Nuveen Real Asset Income and Growth Fund

Several large investors have recently modified their holdings of the stock. Private Advisor Group LLC lifted its stake in Nuveen Real Asset Income and Growth Fund by 1.3% during the first quarter. Private Advisor Group LLC now owns 139,914 shares of the company’s stock worth $1,721,000 after purchasing an additional 1,750 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Nuveen Real Asset Income and Growth Fund by 140.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,203 shares of the company’s stock worth $54,000 after purchasing an additional 2,454 shares in the last quarter. Alteri Wealth LLC lifted its position in shares of Nuveen Real Asset Income and Growth Fund by 42.2% during the 4th quarter. Alteri Wealth LLC now owns 19,003 shares of the company’s stock worth $259,000 after purchasing an additional 5,641 shares during the last quarter. Global Retirement Partners LLC bought a new position in Nuveen Real Asset Income and Growth Fund during the fourth quarter worth about $118,000. Finally, Chicago Partners Investment Group LLC grew its stake in shares of Nuveen Real Asset Income and Growth Fund by 12.1% during the first quarter. Chicago Partners Investment Group LLC now owns 93,073 shares of the company’s stock valued at $1,210,000 after purchasing an additional 10,066 shares during the last quarter.

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 advised by Nuveen Fund Advisors. The fund seeks to provide a high level of current income and long-term total return by investing primarily in securities associated with real assets.

Its portfolio may include infrastructure companies, real estate investment trusts, utilities, energy-related businesses, and other issuers whose assets or operations are linked to tangible resources.