Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Announces Monthly Dividend of $0.13

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) declared a monthly dividend on Tuesday, January 27th. Investors of record on Monday, March 2nd will be paid a dividend of 0.1335 per share on Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 12.1%. The ex-dividend date is Monday, March 2nd.

Nuveen Real Asset Income and Growth Fund Trading Up 0.8%

NYSE:JRI traded up $0.11 during mid-day trading on Friday, hitting $13.28. 298,222 shares of the company’s stock were exchanged, compared to its average volume of 250,836. Nuveen Real Asset Income and Growth Fund has a one year low of $10.59 and a one year high of $14.37. The business has a fifty day moving average price of $13.38 and a 200 day moving average price of $13.62.

About Nuveen Real Asset Income and Growth Fund

Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is a diversified, closed-end management investment company managed by Nuveen Advisors, LLC. The fund seeks to deliver a combination of income and capital growth by investing primarily in securities tied to real assets, including real estate investment trusts, infrastructure funds, master limited partnerships and other real asset-related equities. Launched on March 1, 2007, JRI provides investors with exposure to physical assets that can serve as an inflation hedge while pursuing consistent distribution streams.

The fund employs an active, research-driven approach to portfolio management, targeting high-quality issuers whose businesses benefit from long-term demand trends in sectors such as utilities, energy infrastructure, transportation and agriculture.