Nuveen Real Asset Income and Growth Fund (NYSE:JRI – Get Free Report) was the target of a significant drop in short interest during the month of August. As of August 15th, there was short interest totalling 103,900 shares, a drop of 25.3% from the July 31st total of 139,100 shares. Based on an average daily volume of 150,100 shares, the days-to-cover ratio is presently 0.7 days.
Nuveen Real Asset Income and Growth Fund Stock Performance
Shares of NYSE:JRI traded up $0.19 during trading on Friday, reaching $12.98. 100,592 shares of the company were exchanged, compared to its average volume of 104,759. Nuveen Real Asset Income and Growth Fund has a 12-month low of $9.70 and a 12-month high of $13.00. The business’s fifty day simple moving average is $12.49 and its 200-day simple moving average is $11.87.
Nuveen Real Asset Income and Growth Fund Cuts Dividend
The company also recently disclosed a monthly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Thursday, August 15th will be issued a $0.133 dividend. The ex-dividend date of this dividend is Thursday, August 15th. This represents a $1.60 annualized dividend and a dividend yield of 12.30%.
Institutional Inflows and Outflows
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.
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