Nuveen Real Asset Income and Growth Fund (NYSE:JRI – Get Free Report) shares fell 0.8% during mid-day trading on Wednesday . The company traded as low as $11.91 and last traded at $11.95. 115,919 shares were traded during trading, an increase of 40% from the average session volume of 82,508 shares. The stock had previously closed at $12.05.
Nuveen Real Asset Income and Growth Fund Trading Up 1.6 %
The stock’s 50-day moving average is $11.64 and its 200-day moving average is $11.60.
Nuveen Real Asset Income and Growth Fund Increases Dividend
The business also recently declared a monthly dividend, which will be paid on Monday, July 1st. Shareholders of record on Friday, June 14th will be issued a $0.133 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 13.14%. The ex-dividend date of this dividend is Friday, June 14th. This is a boost from Nuveen Real Asset Income and Growth Fund’s previous monthly dividend of $0.10.
Hedge Funds Weigh In On Nuveen Real Asset Income and Growth Fund
About Nuveen Real Asset Income and Growth Fund
Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets across the globe. The fund also makes its investments in depository receipts.
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