JRI: 4 Reasons Why I Would Avoid This CEF

  • The Nuveen Real Asset Income and Growth Fund (JRI) aims for high current income and long-term capital appreciation through real asset-related debt and equity securities investments. Launched in April 2012, JRI has $364 million in net assets, a 12.3% distribution yield, and has a leverage ratio of 33%. The fund has historically realized high levels of volatility relative to other investment funds offering balanced exposure to equities and fixed income products.