Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Short Interest Update

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 29,100 shares, a decline of 82.0% from the December 31st total of 161,700 shares. Based on an average daily volume of 132,400 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new position in Nuveen Real Asset Income and Growth Fund during the 2nd quarter worth approximately $318,000. International Assets Investment Management LLC grew its position in shares of Nuveen Real Asset Income and Growth Fund by 1,267.0% in the 3rd quarter. International Assets Investment Management LLC now owns 2,734 shares of the company’s stock valued at $37,000 after buying an additional 2,534 shares during the last quarter. Consolidated Portfolio Review Corp boosted its stake in shares of Nuveen Real Asset Income and Growth Fund by 2.3% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 138,069 shares of the company’s stock valued at $1,887,000 after purchasing an additional 3,131 shares during the last quarter. Patriot Financial Group Insurance Agency LLC boosted its position in Nuveen Real Asset Income and Growth Fund by 12.2% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 24,174 shares of the company’s stock valued at $330,000 after acquiring an additional 2,620 shares during the last quarter. Finally, Chicago Partners Investment Group LLC boosted its position in shares of Nuveen Real Asset Income and Growth Fund by 3.8% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 35,908 shares of the company’s stock valued at $469,000 after purchasing an additional 1,321 shares in the last quarter.

Nuveen Real Asset Income and Growth Fund Trading Down 1.1 %

JRI traded down $0.14 on Wednesday, hitting $12.56. 99,689 shares of the stock were exchanged, compared to its average volume of 140,744. Nuveen Real Asset Income and Growth Fund has a 12 month low of $10.84 and a 12 month high of $13.72. The business has a 50-day moving average of $12.67 and a two-hundred day moving average of $12.88.

Nuveen Real Asset Income and Growth Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be given a dividend of $0.1335 per share. The ex-dividend date is Wednesday, January 15th. This represents a $1.60 annualized dividend and a dividend yield of 12.76%.

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.