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NUVEEN REAL ASSET INCOME AND GROWTH FUND - JRI STOCK NEWS

Welcome to our dedicated page for NUVEEN REAL ASSET INCOME AND GROWTH FUND news (Ticker: JRI), a resource for investors and traders seeking the latest updates and insights on NUVEEN REAL ASSET INCOME AND GROWTH FUND stock.

Nuveen Real Asset Income and Growth Fund (JRI) is a closed-end fund based in the United States, managed by Nuveen, one of the world's largest and most respected asset managers. The primary objective of JRI is to provide a high level of current income and long-term capital appreciation. This fund strategically invests the majority of its managed assets in a diversified mix of equity and debt securities issued by real asset-related companies globally.

Real asset-related companies in which JRI invests include those engaged in owning, operating, or developing infrastructure projects, facilities, and services. The fund's approach encompasses investments primarily in five types of securities: global infrastructure common stock, REIT preferred stock, and various debt securities. This diversified strategy helps to spread risk and capture growth opportunities across different segments of the real assets sector.

Nuveen, the investment manager of TIAA, brings over a century of investment expertise to JRI. The firm's award-winning capabilities span both public and private asset classes, and it is recognized as a leader in income generation, alternative investments, and responsible investing. Nuveen’s investment approach is characterized by a diversity of thought and the specialized expertise of its independent investment teams.

Recently, Nuveen launched the Nuveen Tax Advantaged Balanced portfolio, which combines investment-grade municipal bonds and equities, and the Nuveen Tax Advantaged Large Cap portfolio, an equity-only solution. These strategies are available on the Schwab Managed Account Marketplace platform and were developed through a strategic partnership with Brooklyn Investment Group. This collaboration leverages cloud-based technologies to deliver personalized direct indexing portfolios, enhancing tax efficiency and customization based on client preferences.

With the addition of these new strategies, Nuveen now manages a total of 52 SMA strategies with $71.3 billion in assets, further solidifying its position in the market. Direct indexing, a fast-growing segment, allows for high degrees of customization and greater tax efficiency through systematic year-round tax-loss harvesting and management of concentrated positions.

Nuveen's commitment to innovation and client service is evident in its continuous efforts to provide detailed reporting, cost efficiency, and tax-aware management. This dedication helps financial professionals build stronger relationships with their clients, offering a significantly enhanced client experience.

For more information, please visit Nuveen's website to explore their comprehensive range of investment solutions and discover how Nuveen is helping to secure the long-term financial goals of investors worldwide.

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Nuveen announced that CalPERS is expanding its commitment to Nuveen Real Estate's affordable housing strategy with an additional $400 million allocation. This follows CalPERS' previous $100 million investment in the Nuveen Real Estate U.S. Affordable Housing Fund in June 2024, bringing the total commitment to $500 million. Nuveen's affordable housing portfolio currently includes over 32,000 housing units across the U.S., valued at over $6 billion. The investment aims to preserve access to affordable housing while implementing environmentally sustainable improvements.

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Nuveen, closes $1.25 billion senior unsecured notes offering with two series, 5.550% due 2030 and 5.850% due 2034. Proceeds for general corporate purposes including debt repayment.
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Nuveen announces the retirement of Jay L. Rosenberg, Head of Public Real Assets and portfolio manager for Nuveen Real Asset Income and Growth Fund (NYSE: JRI) until March 31, 2024. The retirement will not impact the fund's investment approach, strategy, or objectives.
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Nuveen launches Nuveen Tax Advantaged Balanced and Tax Advantaged Large Cap portfolios, combining municipal bonds and equities in a single account, offering tax-efficient solutions and personalized direct indexing portfolios. Nuveen now manages 52 SMA strategies with $71.3 billion in assets.
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FAQ

What is the current stock price of NUVEEN REAL ASSET INCOME AND GROWTH FUND (JRI)?

The current stock price of NUVEEN REAL ASSET INCOME AND GROWTH FUND (JRI) is $13.23 as of November 20, 2024.

What is the market cap of NUVEEN REAL ASSET INCOME AND GROWTH FUND (JRI)?

The market cap of NUVEEN REAL ASSET INCOME AND GROWTH FUND (JRI) is approximately 367.4M.

What is the primary objective of the Nuveen Real Asset Income and Growth Fund (JRI)?

The primary objective of JRI is to provide a high level of current income and long-term capital appreciation.

What types of securities does JRI invest in?

JRI invests primarily in global infrastructure common stock, REIT preferred stock, and debt securities issued by real asset-related companies.

What constitutes a real asset-related company?

Real asset-related companies are those involved in owning, operating, or developing infrastructure projects, facilities, and services, as well as REITs.

Who manages the Nuveen Real Asset Income and Growth Fund (JRI)?

The fund is managed by Nuveen, a renowned asset manager known for its expertise in various investment classes.

What recent strategies has Nuveen launched?

Nuveen recently launched the Nuveen Tax Advantaged Balanced portfolio and the Nuveen Tax Advantaged Large Cap portfolio, focusing on tax efficiency and customization.

What is direct indexing, and how does it benefit investors?

Direct indexing involves replicating the performance of a benchmark while allowing ownership and direct access to underlying securities, offering customization and tax efficiency.

How many SMA strategies does Nuveen manage?

Nuveen currently manages 52 SMA strategies with $71.3 billion in assets.

How does Nuveen's partnership with Brooklyn Investment Group enhance its offerings?

The partnership leverages cloud-based technologies to deliver personalized direct indexing portfolios, enhancing customization and tax efficiency.

Where can more information about Nuveen be found?

More information about Nuveen and its investment solutions can be found on their official website at www.nuveen.com.

What is the investment approach of Nuveen?

Nuveen's investment approach emphasizes diversity of thought and specialized knowledge through independent investment teams, focusing on both traditional and alternative investments.

NUVEEN REAL ASSET INCOME AND GROWTH FUND

NYSE:JRI

JRI Rankings

JRI Stock Data

367.38M
27.42M
0%
27.99%
0.09%
Asset Management
Financial Services
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United States of America
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