Nuveen Real Asset Income Price, Forecast, Insider, Ratings, Fundamentals & Signals

New york--(business wire)--nuveen announces today the upcoming retirement of jay l. rosenberg, head of public real assets and portfolio manager for nuveen real asset income and growth fund (nyse: jri). mr. rosenberg will remain a portfolio manager on jri until march 31, 2024. there will be no impact on the investment approach, investment strategy, or any of the fund's investment objectives or policies. the remaining portfolio management team will continue managing the fund. the following provid.

New york--(business wire)--nuveen closed-end funds today announced that the board of trustees of the funds has approved the regular monthly and quarterly distributions. in addition, the board of trustees has approved updated distribution polices described below under “monthly & quarterly distributions” for the nuveen preferred & income opportunities fund (nyse: jpc), nuveen preferred and income term fund (nyse: jpi), nuveen variable rate preferred & income fund (nyse: npfd), nuveen.

New york--(business wire)--the 19(a) distribution notices for three nuveen closed-end funds are now available. this informational notice provides further details on the sources of the funds' regular monthly distribution and follows the most recent monthly distribution announcement. the full text of this notice is available below or on the nuveen website via distribution source estimates. important information regarding distributions may 31, 2023: this notice is for informational purposes only.

New york--(business wire)--the 19(a) distribution notices for ten nuveen closed-end funds are now available. these informational notices provide further details on the sources of the funds' regular monthly or quarterly distributions and follows the most recent monthly and quarterly distribution announcements. the full text of these notices is available below or on the nuveen website via distribution source estimates.

New york--(business wire)--the 19(a) distribution notices for ten nuveen closed-end funds are now available. these informational notices provide further details on the sources of the funds’ regular monthly or quarterly distributions and follows the most recent monthly and quarterly distribution announcements. the full text of these notices is available below or on the nuveen website via distribution source estimates. important information regarding distributions december 30, 2022: this notice is for informational purposes only. no action is required on your part. if you would like to receive this notice and other shareholder information electronically, please visit www.investordelivery.com if you receive distributions and statements from your financial advisor or brokerage account...

The Nuveen Real Asset Income and Growth Fund offers investors a way to diversify their portfolio with hard assets and earn a high level of current income. The JRI closed-end fund has performed well, with a 7.96% return over four months, but has underperformed the S&P 500 Index. The fund's allocation to debt securities and limited exposure to real estate common equities may limit its ability to protect against inflation.

Nuveen Real Asset Income and Growth Fund has increased its monthly distribution, putting it back above where it was early in 2023 before the cut. The fund's performance has been lackluster, but expectations for utilities and real estate performance going forward are more promising. JRI trades at an attractive discount both on a relative and absolute basis, which could see further potential upside if CEF discounts narrow broadly after widening to historically wide levels.

The Nuveen Real Asset Income and Growth Fund specializes in investing in real assets such as real estate, infrastructure, and energy distribution systems. Short-term performance of real estate assets has been adversely affected by high mortgage costs and reduced demand for office space. Despite short-term fluctuations, real assets provide long-term protection against inflation, and the fund offers a high yield of 9.68%.

Cohen & Steers Real Estate Opportunities and Income Fund (RLTY) and Nuveen Real Asset Income and Growth Fund (JRI) are two closed-end funds focused on real assets. RLTY has a portfolio split between equities and preferred securities with an emphasis on REIT investments, while JRI invests in real asset-related companies around the world across the spectrum. Both funds are trading at attractive discounts and offer attractive monthly distributions.

Nuveen Real Asset Income and Growth Fund generates high levels of yield through a mix of high-coupon bonds and stocks of firms engaged in the business of energy & utilities infrastructure. JRI pays steady monthly dividends along with a double-digit annual average yield over the long run. However, it fails to generate positive price growth. High inflation, rising interest rates, and a looming economic recession will probably send this fund relatively lower than traditional funds or high growth stocks.

The Nuveen Real Asset Income and Growth Fund aims to provide high current income from a portfolio of infrastructure and real estate company equities and bonds. The fund pays an attractive 8.8% distribution yield. But it exhibits classic signs of being an amortizing "return of principal" fund.

JRI has performed well since our last update, but the discount remains attractive. This fund is split between real assets, and that includes real estate and energy infrastructure exposure.

Real assets share many of the same qualities as other things that increase in price during inflation so they can help protect your wealth in that environment. JRI invests in a portfolio of infrastructure and real estate to provide investors with a high level of current income.

JRI continues to trade at a deep and attractive discount to its NAV. The overall volatile year in the markets is certainly playing a role.

Only funds with yields over 6.5%, coverage higher than 85%, and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.