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.
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.
FAQ
What is the current stock price of NUVEEN REAL ASSET INCOME AND GROWTH FUND (JRI)?
What is the market cap of NUVEEN REAL ASSET INCOME AND GROWTH FUND (JRI)?
What is the primary objective of the Nuveen Real Asset Income and Growth Fund (JRI)?
What types of securities does JRI invest in?
What constitutes a real asset-related company?
Who manages the Nuveen Real Asset Income and Growth Fund (JRI)?
What recent strategies has Nuveen launched?
What is direct indexing, and how does it benefit investors?
How many SMA strategies does Nuveen manage?
How does Nuveen's partnership with Brooklyn Investment Group enhance its offerings?
Where can more information about Nuveen be found?