Nuveen Real Asset Income Fund Class C (NRICX)
Nuveen Real Asset Income Fund Class C operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $21.91, down 0.09% on the session, giving a market capitalisation of $1.14B. Its beta of 0.82 implies it has historically moved less than the broad market.
This fund's primary goal is to generate significant current income, with a secondary aim of achieving capital growth. It allocates at least 80% of its total assets, including any funds borrowed for investment, to income-producing securities from companies involved in real assets at the point of purchase. The portfolio will include both stocks (equity) and bonds (debt), though its investment in debt securities is limited to a maximum of 40% of its net assets. While the fund can invest in international (non-U.S.) securities, its exposure to emerging markets is capped at 50% of its net assets when the investment is made.
Nuveen Real Asset Income Fund Class C is most often compared with the following Financial Services names: