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 May 13, 2024, JRI stock price declined to $11.68 with 59,550 million shares trading.

JRI has a beta of 1.00, 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 $320.23 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 stock has underperformed the market in the last year with a return of +11.6%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in JRI shares. However, JRI has outperformed the market in the last 3 month and 2 week periods, returning +4.6% and +3.1%, while SPY returned +4.3% and +2.5%, respectively. This indicates JRI has been having a stronger performance recently.

JRI support price is $11.57 and resistance is $11.80 (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.