Nuveen Real Asset Income Fund Class A (NRIAX)
Nuveen Real Asset Income Fund Class A operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $21.90, down 0.09% on the session, giving a market capitalisation of $1.14B. Its beta of 0.83 implies it has historically moved less than the broad market.
This fund's principal aim is to achieve a high level of ongoing income, with a secondary focus on generating capital appreciation. To meet these objectives, at least four-fifths of the fund's combined net assets and any borrowed capital dedicated to investments will be allocated to income-producing securities from real asset-related companies at the point of acquisition. Its portfolio is structured to include both equity and debt instruments, though debt holdings will not surpass 40% of its net assets. Furthermore, while the fund may invest in international securities, its exposure to emerging market economies will be capped at 50% of its net assets when those investments are made.
Nuveen Real Asset Income Fund Class A is most often compared with the following Financial Services names: