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

Nuveen Real Asset Income and Growth Fund (NYSE:JRI) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 93,700 shares, a decline of 28.1% from the February 13th total of 130,300 shares. Based on an average daily volume of 139,800 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On Nuveen Real Asset Income and Growth Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Harbour Investments Inc. lifted its position in Nuveen Real Asset Income and Growth Fund by 18.8% in the 4th quarter. Harbour Investments Inc. now owns 59,985 shares of the company’s stock valued at $728,000 after acquiring an additional 9,486 shares in the last quarter. Larson Financial Group LLC lifted its position in Nuveen Real Asset Income and Growth Fund by 151.4% in the 4th quarter. Larson Financial Group LLC now owns 2,675 shares of the company’s stock valued at $32,000 after acquiring an additional 1,611 shares in the last quarter. Financial Security Advisor Inc. bought a new position in Nuveen Real Asset Income and Growth Fund in the 4th quarter valued at approximately $176,000. Private Advisor Group LLC lifted its position in Nuveen Real Asset Income and Growth Fund by 3.9% in the 4th quarter. Private Advisor Group LLC now owns 147,396 shares of the company’s stock valued at $1,788,000 after acquiring an additional 5,503 shares in the last quarter. Finally, Wolverine Asset Management LLC bought a new position in Nuveen Real Asset Income and Growth Fund in the 4th quarter valued at approximately $96,000.

Nuveen Real Asset Income and Growth Fund Stock Performance

Shares of JRI traded down $0.09 during mid-day trading on Friday, reaching $12.84. The company had a trading volume of 111,348 shares, compared to its average volume of 128,421. The firm has a 50-day moving average price of $12.65 and a 200 day moving average price of $12.93. Nuveen Real Asset Income and Growth Fund has a 52 week low of $10.84 and a 52 week high of $13.72.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a $0.1335 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 12.48%.

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.