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Nuveen Real Asset Income and Growth Fund Announces Terms of Rights Offering
Business Wire (Tue, 27-Jan 4:05 PM ET)
The Fund has an objective of providing a high level of current income and long-term capital appreciation. In an effort to achieve this objective, the Fund invests in a global portfolio of infrastructure and commercial real estate related securities (i.e. real assets) across the capital structure. These securities include a combination of infrastructure and real estate common stock, infrastructure and real estate preferred stock and infrastructure and real estate related debt. The funds goal is to combine these securities into a portfolio that provides investors with an attractive level of income and dampens levels of risk versus the broader equity market. The funds long-term target allocations for each of these segments are: 33% in global infrastructure common stock, 15% in real estate investment trust (REIT) common stock, 12% in global infrastructure preferred stock and hybrids, 20% in REIT preferred stock and 20% in debt securities. To a limited extent, the Fund also opportunistically writes call options primarily on securities issued by real asset related companies, seeking to enhance its risk-adjusted total returns over time.
Nuveen Real Asset Income & G trades on the NYSE stock market under the symbol JRI.
As of February 10, 2026, JRI stock price declined to $12.78 with 179,029 million shares trading.
JRI has a beta of 0.52, meaning it tends to be less sensitive to market movements. JRI has a correlation of 0.34 to the broad based SPY ETF.
JRI has a market cap of $350.68 million. This is considered a Small Cap stock.
In the last 3 years, JRI traded as high as $14.37 and as low as $9.70.
JRI has underperformed the market in the last year with a price return of +12.3% while the SPY ETF gained +16.4%. JRI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.1% and -6.9%, respectively, while the SPY returned +3.4% and -0.1%, respectively.
JRI support price is $12.67 and resistance is $12.95 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JRI shares will trade within this expected range on the day.