Nuveen Real Asset Income and Growth Fund (JRI)
Nuveen Real Asset Income and Growth Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $12.71, down 0.16% on the session, giving a market capitalisation of $348.9M. On trailing twelve-month figures it carries a trailing P/E of 7.10, a net margin of 112.6%. Its beta of 0.90 implies it has historically moved less than the broad market.
The Nuveen Real Asset Income and Growth Fund is a closed-ended, balanced mutual fund, initially launched by Nuveen Investments, Inc. Its management is a collaborative effort between Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund strategically invests in global public equity markets, including depository receipts and a particular emphasis on companies within the real estate sector. For its fixed income allocation, the fund targets securities with an 'investment grade quality' profile, accepting ratings as low as BB+/Ba1 or even lower. This fund, domiciled in the United States, was established on April 25, 2012.
Nuveen Real Asset Income and Growth Fund is most often compared with the following Financial Services names: