About NRICX
Nuveen Real Asset Income Fund is an open-end mutual fund focused on generating a high level of current income, with a secondary goal of capital appreciation. The fund principally invests in income-producing securities of companies tied to real assets, such as infrastructure and real estate, allocating at least 80% of its net assets to these holdings. It combines equity and debt securities in its portfolio, with the flexibility to invest up to 40% in debt instruments. The fund’s global approach includes both U.S. and international companies, though emerging market exposure is capped at 50% at the time of purchase. Its holdings span a diverse set of sectors, including utilities, energy, and real estate, featuring notable positions in companies like Enbridge, Simon Property Group, and National Grid. Managed by Nuveen Asset Management, the fund employs an active strategy that seeks to identify attractive yield opportunities across the capital structure. Positioned within the global allocation category, Nuveen Real Asset Income Fund serves as a diversification tool, aiming to enhance portfolio income and provide a measure of resilience against traditional equity market downturns through its focus on tangible, income-generating assets.
Fund Family Nuveen
Category Real Return
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol NRICX
Share Class Class C
Index Bloomberg U.S. Corporate High Yield TR
NRICX had a total return of 7.55% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.67%.
