Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Short Interest Down 34.3% in August

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 42,233 shares, a decline of 34.3% from the July 30th total of 64,271 shares. Based on an average daily trading volume, of 153,867 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Nuveen Real Asset Income and Growth Fund

Large investors have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its holdings in 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 during the period. Garner Asset Management Corp bought a new position in Nuveen Real Asset Income and Growth Fund in the fourth quarter valued at approximately $62,000. Kestra Advisory Services LLC acquired a new stake in Nuveen Real Asset Income and Growth Fund in the fourth quarter valued at about $95,000. US Bancorp DE acquired a new position in Nuveen Real Asset Income and Growth Fund during the third quarter worth about $109,000. Finally, Global Retirement Partners LLC acquired a new position in Nuveen Real Asset Income and Growth Fund during the fourth quarter worth about $118,000.

Nuveen Real Asset Income and Growth Fund Trading Down 0.2%

NYSE:JRI traded down $0.02 during trading hours on Tuesday, reaching $12.16. 191,668 shares of the company were exchanged, compared to its average volume of 182,426. The business has a 50 day moving average of $12.77 and a 200 day moving average of $12.78. Nuveen Real Asset Income and Growth Fund has a 1-year low of $11.67 and a 1-year 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 Tuesday, September 1st. Investors of record on Friday, August 14th will be given a $0.1335 dividend. The ex-dividend date is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 13.2%.

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.