Nuveen Real Asset Income & Growth FundJRI
About: Nuveen Real Asset Income and Growth Fund is the United States-based closed-end fund. Its objective is to provide a high level of current income and long-term capital appreciation. The fund invests a majority of its managed assets in equity and debt securities issued by real asset related companies located anywhere in the world. Its strategy involves investments primarily in five security types, global infrastructure common stock, REIT preferred stock and debt securities. Real asset-related companies include those engaged in owning, operating, or developing infrastructure projects, facilities, and services, as well as REITs.
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
3% more funds holding
Funds holding: 71 [Q2] → 73 (+2) [Q3]
12.62% less ownership
Funds ownership: 35.91% [Q2] → 23.29% (-12.62%) [Q3]
22% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 23
27% less capital invested
Capital invested by funds: $120M [Q2] → $87.4M (-$32.4M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for JRI.