Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced the initial distribution declaration for the Nuveen Real Asset Income and Growth Fund (NYSE: JRI) of $ .3675 per share.
The new closed-end fund’s investment objective is to provide a high level of current income and long-term capital appreciation. The fund seeks to achieve its investment objective by investing in real asset related companies located anywhere in the world, with a focus on infrastructure and real estate companies’ securities.
The following dates apply to today’s distribution declaration:
|Record Date||July 13, 2012|
|Ex-Dividend Date||July 11, 2012|
|Payable Date||August 1, 2012|
|Reinvest Date||August 1, 2012|
|Quarterly Distribution Per Share|
|JRI||Nuveen Real Asset Income and Growth Fund||.3675|
The fund intends to make regular quarterly distributions to its shareholders based on its past and projected performance. The next quarterly distribution is expected to be declared on October 1, 2012 and payable November 1, 2012. The fund will seek to establish a distribution rate that roughly corresponds to the fund’s projections of the cash flow that could reasonably be expected to be generated by the fund’s portfolio investments net of fund expenses, over an extended period of time. As market conditions and portfolio performance may change, the rate of distributions on the shares and the fund’s distribution policy could change.
Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutional and individual investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates—Nuveen Asset Management, Symphony Asset Management, NWQ Investment Management Company, Santa Barbara Asset Management, Tradewinds Global Investors, Winslow Capital Management, and Gresham Investment Management. In total, Nuveen Investments managed approximately $227 billion as of March 31, 2012. For more information, please visit the Nuveen Investments website at www.nuveen.com.