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 December. As of December 31st, there was short interest totalling 29,100 shares, a decline of 82.0% from the December 15th total of 161,700 shares. Based on an average daily volume of 132,400 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Nuveen Real Asset Income and Growth Fund

Large investors have recently made changes to their positions in the company. Worth Asset Management LLC purchased a new position in Nuveen Real Asset Income and Growth Fund in the 4th quarter valued at $122,000. HighTower Advisors LLC purchased a new position in shares of Nuveen Real Asset Income and Growth Fund in the third quarter worth about $140,000. Kovitz Investment Group Partners LLC purchased a new position in shares of Nuveen Real Asset Income and Growth Fund in the third quarter worth about $3,055,000. Penserra Capital Management LLC acquired a new position in Nuveen Real Asset Income and Growth Fund during the third quarter worth about $10,421,000. Finally, Segall Bryant & Hamill LLC purchased a new stake in Nuveen Real Asset Income and Growth Fund during the 3rd quarter valued at about $205,000.

Nuveen Real Asset Income and Growth Fund Stock Down 0.2 %

Shares of JRI traded down $0.03 during mid-day trading on Monday, hitting $12.05. 96,033 shares of the company were exchanged, compared to its average volume of 146,776. Nuveen Real Asset Income and Growth Fund has a 1-year low of $10.84 and a 1-year high of $13.72. The company has a 50 day moving average of $12.89 and a 200-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. Stockholders of record on Wednesday, January 15th will be paid a $0.1335 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 13.29%. The ex-dividend date of this dividend is Wednesday, January 15th.

Nuveen Real Asset Income and Growth Fund Company Profile

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.