Nuveen Real Asset Income and Growth Fund (NYSE:JRI) Trading 0% Higher

Nuveen Real Asset Income and Growth Fund (NYSE:JRI)’s stock price was up 0% during mid-day trading on Wednesday . The stock traded as high as $11.27 and last traded at $11.23. Approximately 61,528 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 73,575 shares. The stock had previously closed at $11.23.

Nuveen Real Asset Income and Growth Fund Price Performance

The firm has a 50-day simple moving average of $11.44 and a 200-day simple moving average of $11.25.

Nuveen Real Asset Income and Growth Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be paid a $0.10 dividend. This represents a $1.20 annualized dividend and a dividend yield of 10.59%. The ex-dividend date is Friday, April 12th.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in JRI. Saba Capital Management L.P. increased its stake in Nuveen Real Asset Income and Growth Fund by 97.2% in the 3rd quarter. Saba Capital Management L.P. now owns 1,920,599 shares of the company’s stock worth $20,397,000 after acquiring an additional 946,773 shares during the last quarter. PFG Investments LLC purchased a new position in shares of Nuveen Real Asset Income and Growth Fund in the 1st quarter worth approximately $1,223,000. AQR Arbitrage LLC boosted its holdings in shares of Nuveen Real Asset Income and Growth Fund by 78.1% in the 3rd quarter. AQR Arbitrage LLC now owns 185,704 shares of the company’s stock worth $1,972,000 after purchasing an additional 81,457 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of Nuveen Real Asset Income and Growth Fund by 23,926.0% in the 4th quarter. International Assets Investment Management LLC now owns 48,052 shares of the company’s stock worth $563,000 after purchasing an additional 47,852 shares during the period. Finally, Advisor Partners II LLC purchased a new position in shares of Nuveen Real Asset Income and Growth Fund in the 3rd quarter worth approximately $447,000.

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.