JRI Stock Overview
Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$15.58|
|52 Week High||US$16.50|
|52 Week Low||US$13.39|
|1 Month Change||2.84%|
|3 Month Change||-2.50%|
|1 Year Change||14.73%|
|3 Year Change||3.11%|
|5 Year Change||-6.76%|
|Change since IPO||-22.06%|
Recent News & Updates
JRI: Real Assets Can Help Combat Inflation
JRI is providing exposure to real assets, that includes mostly exposure to real estate and infrastructure investments. They take a hybrid approach and invest across both equity and fixed-income investments. The real assets in the portfolio can help defend against inflation. Though the debt sleeve in the portfolio could negate some of the positive impact but should still be a net positive.
JRI: Coverage Improves, 7.26% Distribution Yield
JRI was a weaker performer in 2020. They've been slow to recover due to deleveraging. The fund's share price has been outpacing its NAV price, which has closed the gap on its discount. However, at nearly around a 6.2% discount, the fund seems appealing here. With the latest Semi-Annual Report, we see an improvement in NII and NII coverage.
JRI: Real Assets For Inflation Protection And A 7% Yield
Inflation has finally set in within the United States, with the CPI up 5.4% in June and July. Real assets can protect you against this because they benefit from the same characteristics that causes the price of other things to increase due to inflation. JRI invests in a variety of domestic and foreign companies that own real assets. The fund boasts a 7%+ yield that appears to be quite sustainable right now. The fund is trading at a reasonably attractive valuation so the price certainly looks to be right.
Nuveen Real Asset Income and Growth Fund declares $0.0965 dividend
Nuveen Real Asset Income and Growth Fund (JRI) declares $0.0965/share monthly dividend, in line with previous.Forward yield 8.49%Payable March 1; for shareholders of record Feb. 12; ex-div Feb. 11.See JRI Dividend Scorecard, Yield Chart, & Dividend Growth.
Nuveen Real Asset Income and Growth Fund declares $0.0965 dividend
Nuveen Real Asset Income and Growth Fund (JRI) declares $0.0965/share monthly dividend, in line with previous.Forward yield 8.75%Payable Feb. 1; for shareholders of record Jan. 15; ex-div Jan. 14.See JRI Dividend Scorecard, Yield Chart, & Dividend Growth.
|JRI||US Capital Markets||US Market|
Return vs Industry: JRI underperformed the US Capital Markets industry which returned 24.6% over the past year.
Return vs Market: JRI exceeded the US Market which returned 7.7% over the past year.
|JRI Average Weekly Movement||1.8%|
|Capital Markets Industry Average Movement||0.7%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: JRI is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: JRI's weekly volatility (2%) has been stable over the past year.
About the Company
Nuveen Real Asset Income and Growth Fund is an closed ended balanced mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the public equity markets across the globe. The fund also makes its investments in depository receipts.
Nuveen Real Asset Income and Growth Fund Fundamentals Summary
|JRI fundamental statistics|
Is JRI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|JRI income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Next Earnings Date
|Earnings per share (EPS)||0|
|Net Profit Margin||0.00%|
How did JRI perform over the long term?See historical performance and comparison
Is Nuveen Real Asset Income and Growth Fund undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Nuveen Real Asset Income and Growth Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Nuveen Real Asset Income and Growth Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
How is Nuveen Real Asset Income and Growth Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nuveen Real Asset Income and Growth Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Nuveen Real Asset Income and Growth Fund performed over the past 5 years?
Historical Diversified Financials annual earnings growth
In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Nuveen Real Asset Income and Growth Fund has not provided sufficient past data to assess its track record.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.
How is Nuveen Real Asset Income and Growth Fund's financial position?
In this section we usually analyse Nuveen Real Asset Income and Growth Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Nuveen Real Asset Income and Growth Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.
What is Nuveen Real Asset Income and Growth Fund current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate JRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate JRI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if JRI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if JRI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of JRI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Nuveen Real Asset Income and Growth Fund has no CEO, or we have no data on them.
Experienced Board: JRI's board of directors are seasoned and experienced ( 16 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Nuveen Real Asset Income and Growth Fund's employee growth, exchange listings and data sources
- Name: Nuveen Real Asset Income and Growth Fund
- Ticker: JRI
- Exchange: NYSE
- Founded: 2012
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$424.708m
- Shares outstanding: 27.45m
- Website: https://www.nuveen.com/cef/Product/Overview.aspx?fundcode=JRI
- Nuveen Real Asset Income and Growth Fund
- 333 West Wacker Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 00:10|
|End of Day Share Price||2022/01/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.