JRI Stock Summary and Trading Ideas (Nuveen Real Asset Income & G | NYSE:JRI)

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 April 17, 2024, JRI stock price climbed to $10.98 with 60,613 million shares trading.

JRI has a beta of 1.04, meaning it tends to be more sensitive to market movements. JRI has a correlation of 0.47 to the broad based SPY ETF.

JRI has a market cap of $301.04 million. This is considered a Small Cap stock.

In the last 3 years, JRI stock traded as high as $16.50 and as low as $9.70.

JRI has underperformed the market in the last year with a price return of +4.4% while the SPY ETF gained +23.0%. JRI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.8% and -4.4%, respectively, while the SPY returned +5.7% and -3.5%, respectively.

JRI support price is $10.75 and resistance is $10.97 (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 stock will trade within this expected range on the day.