Nuveen Real Asset Income and Growth Fund (JRI)

Overview

Nuveen Real Asset Income and Growth Fund is a closed-end investment fund that aims to provide investors with a robust income stream while also focusing on long-term capital appreciation. The fund strategically invests in real asset-related sectors, specifically targeting companies involved in the ownership, operation, or development of infrastructure projects, services, and facilities. Additionally, the fund includes exposure to real estate investment trusts (REITs), allowing for diversification within its investment portfolio.

The fund employs a diversified asset allocation strategy, primarily concentrating on common stocks, preferred securities, and debt instruments. Notably, it can allocate up to 40% of its assets into debt securities, including those rated below investment grade, which adds to the fund's overall yield potential. Given the fund's international focus, it maintains a significant exposure to global markets, with allocations ranging from 25% to 75% of its portfolio in foreign investments. To enhance returns while managing risk, the fund also employs leverage and limited options strategies, positioning it uniquely in the market since its establishment in 2012.

Products and Services

• Closed-End Fund Structure:

  The Nuveen Real Asset Income and Growth Fund operates as a closed-end fund, which allows it to raise capital by issuing a fixed number of shares to investors. This structure can provide liquidity to investors while maximizing the fund's ability to invest in a diverse range of assets over the long term.

• Infrastructure Investments:

  By focusing on companies engaged in infrastructure-related projects, the fund taps into sectors that are vital for economic growth and stability. These investments may include utilities, transportation, and telecommunications, all of which tend to generate steady cash flows, thus providing a foundation for income.

• Real Estate Investment Trusts (REITs):

  The fund's inclusion of REITs allows it to invest in commercial and residential real estate markets without directly owning physical properties. REITs provide income through dividends and can benefit from appreciation in property values, making them crucial for divesting risk and enhancing returns.

• Diverse Asset Allocation:

  The fund allocates its investments across various asset classes, including common stocks, preferred securities, and debt instruments. This diversified approach mitigates risk and capitalizes on differing economic cycles to achieve a balance of income generation and capital growth.

• Debt Securities and High Yield:

  With a potential allocation of up to 40% in debt securities, including below investment-grade options, the fund aims to maximize yield. This aspect is essential for offering high current income to investors, despite the associated risks with high-yield investments.

• International Exposure:

  Maintaining a significant level of international exposure (between 25% and 75% of its portfolio) allows the fund to capitalize on global economic trends and investment opportunities. This strategy diversifies risk and can lead to higher returns driven by various geographic markets.

• Leverage and Options Strategies:

  To enhance potential returns, the fund utilizes leverage in its investment strategy. It may also employ limited options strategies to manage risk and create additional revenue streams, distinguishing its offerings in the competitive investment landscape.