Nuveen Real Asset Income Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.3%
1 yr return
4.3%
3 Yr Avg Return
-0.4%
5 Yr Avg Return
2.2%
Net Assets
$1.05 B
Holdings in Top 10
12.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.92%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 73.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NRIIX - Profile
Distributions
- YTD Total Return -1.3%
- 3 Yr Annualized Total Return -0.4%
- 5 Yr Annualized Total Return 2.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.64%
- Dividend Yield 5.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameNuveen Real Asset Income Fund
-
Fund Family NameNuveen Funds
-
Inception DateSep 13, 2011
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJay Rosenberg
Fund Description
NRIIX - Performance
Return Ranking - Trailing
Period | NRIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.3% | -23.7% | 16.4% | 34.55% |
1 Yr | 4.3% | -8.9% | 48.3% | 21.24% |
3 Yr | -0.4%* | -2.2% | 16.4% | 79.73% |
5 Yr | 2.2%* | -0.7% | 13.4% | 74.30% |
10 Yr | 3.9%* | 0.9% | 11.8% | 15.60% |
* Annualized
Return Ranking - Calendar
Period | NRIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.9% | -40.8% | 20.6% | 38.14% |
2022 | -16.2% | -21.0% | 24.5% | 97.04% |
2021 | 5.8% | -24.2% | 27.8% | 16.36% |
2020 | -8.1% | -23.1% | 11.7% | 44.53% |
2019 | 15.4% | -100.0% | 20.6% | 85.83% |
Total Return Ranking - Trailing
Period | NRIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.3% | -23.7% | 16.4% | 33.69% |
1 Yr | 4.3% | -12.8% | 48.3% | 20.55% |
3 Yr | -0.4%* | -3.4% | 16.4% | 74.67% |
5 Yr | 2.2%* | -1.1% | 13.4% | 68.88% |
10 Yr | 3.9%* | 0.9% | 11.8% | 14.64% |
* Annualized
Total Return Ranking - Calendar
Period | NRIIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.4% | -40.8% | 20.6% | 38.14% |
2022 | -11.8% | -21.0% | 24.5% | 97.04% |
2021 | 10.5% | -24.2% | 27.8% | 16.36% |
2020 | -3.1% | -23.1% | 11.7% | 62.78% |
2019 | 22.7% | -2.9% | 23.1% | 91.55% |
NAV & Total Return History
NRIIX - Holdings
Concentration Analysis
NRIIX | Category Low | Category High | NRIIX % Rank | |
---|---|---|---|---|
Net Assets | 1.05 B | 1.12 M | 110 B | 29.16% |
Number of Holdings | 402 | 2 | 10961 | 35.49% |
Net Assets in Top 10 | 138 M | -31.7 M | 22 B | 49.27% |
Weighting of Top 10 | 12.67% | 10.8% | 100.0% | 99.33% |
Top 10 Holdings
- Fixed Income Clearing Corp (FICC) 2.15%
- State Street Navigator Securities Lending Government Money Market Portfolio 1.58%
- Enbridge Inc 1.46%
- Pembina Pipeline Corp 1.13%
- National Grid PLC 1.11%
- Gaming and Leisure Properties Inc 1.07%
- Enel SpA 1.06%
- Healthpeak Properties Inc 1.05%
- ONEOK Inc 1.04%
- Simon Property Group Inc 1.01%
Asset Allocation
Weighting | Return Low | Return High | NRIIX % Rank | |
---|---|---|---|---|
Stocks | 44.66% | -45.72% | 98.42% | 72.03% |
Bonds | 36.75% | -39.76% | 93.84% | 55.32% |
Preferred Stocks | 15.70% | -0.03% | 14.00% | 0.63% |
Cash | 6.09% | -97.12% | 185.58% | 79.96% |
Convertible Bonds | 3.44% | 0.00% | 25.49% | 9.60% |
Other | -3.20% | -1.25% | 197.12% | 25.47% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NRIIX % Rank | |
---|---|---|---|---|
Real Estate | 45.22% | 0.00% | 90.14% | 1.49% |
Utilities | 31.07% | 0.00% | 40.29% | 0.85% |
Energy | 16.62% | 0.00% | 38.61% | 15.29% |
Industrials | 4.13% | 0.09% | 32.39% | 94.69% |
Communication Services | 2.06% | 0.00% | 28.59% | 83.86% |
Consumer Cyclical | 0.46% | 0.00% | 20.84% | 95.75% |
Healthcare | 0.41% | 0.00% | 30.30% | 88.75% |
Basic Materials | 0.04% | 0.00% | 60.23% | 98.09% |
Technology | 0.00% | 0.00% | 39.48% | 97.24% |
Financial Services | 0.00% | 0.00% | 30.34% | 94.48% |
Consumer Defense | 0.00% | 0.00% | 31.85% | 97.45% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NRIIX % Rank | |
---|---|---|---|---|
Non US | 23.05% | -46.69% | 57.06% | 31.52% |
US | 21.61% | -4.82% | 95.75% | 75.99% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NRIIX % Rank | |
---|---|---|---|---|
Corporate | 94.13% | 0.00% | 99.90% | 3.13% |
Cash & Equivalents | 1.58% | 0.10% | 100.00% | 91.23% |
Securitized | 0.82% | 0.00% | 83.28% | 65.76% |
Government | 0.76% | 0.00% | 98.64% | 85.59% |
Municipal | 0.00% | 0.00% | 31.28% | 58.04% |
Derivative | -5.44% | 0.00% | 41.88% | 65.76% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NRIIX % Rank | |
---|---|---|---|---|
US | 34.20% | -177.12% | 87.76% | 56.58% |
Non US | 2.54% | -39.00% | 137.36% | 37.58% |
NRIIX - Expenses
Operational Fees
NRIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.92% | 0.16% | 2.71% | 64.51% |
Management Fee | 0.72% | 0.00% | 1.70% | 58.24% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 5.18% |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
NRIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
NRIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
NRIIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 73.00% | 0.00% | 441.00% | 64.83% |
NRIIX - Distributions
Dividend Yield Analysis
NRIIX | Category Low | Category High | NRIIX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.12% | 0.00% | 10.92% | 54.89% |
Dividend Distribution Analysis
NRIIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
NRIIX | Category Low | Category High | NRIIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.64% | -5.20% | 6.33% | 4.14% |
Capital Gain Distribution Analysis
NRIIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.087 | OrdinaryDividend |
Mar 01, 2024 | $0.087 | DailyAccrualFund |
Feb 01, 2024 | $0.087 | DailyAccrualFund |
Dec 29, 2023 | $0.087 | DailyAccrualFund |
Dec 01, 2023 | $0.087 | DailyAccrualFund |
Nov 01, 2023 | $0.087 | DailyAccrualFund |
Oct 02, 2023 | $0.087 | DailyAccrualFund |
Sep 01, 2023 | $0.087 | DailyAccrualFund |
Aug 01, 2023 | $0.087 | DailyAccrualFund |
Jul 03, 2023 | $0.087 | DailyAccrualFund |
Jun 01, 2023 | $0.087 | DailyAccrualFund |
May 01, 2023 | $0.087 | DailyAccrualFund |
Apr 03, 2023 | $0.087 | DailyAccrualFund |
Mar 01, 2023 | $0.087 | DailyAccrualFund |
Feb 01, 2023 | $0.092 | DailyAccrualFund |
Dec 30, 2022 | $0.092 | DailyAccrualFund |
Dec 01, 2022 | $0.092 | DailyAccrualFund |
Nov 01, 2022 | $0.092 | DailyAccrualFund |
Oct 03, 2022 | $0.092 | DailyAccrualFund |
Sep 01, 2022 | $0.092 | DailyAccrualFund |
Aug 01, 2022 | $0.092 | DailyAccrualFund |
Jul 01, 2022 | $0.092 | DailyAccrualFund |
Jun 01, 2022 | $0.092 | DailyAccrualFund |
May 02, 2022 | $0.092 | DailyAccrualFund |
Apr 01, 2022 | $0.092 | DailyAccrualFund |
Mar 01, 2022 | $0.092 | DailyAccrualFund |
Feb 01, 2022 | $0.092 | DailyAccrualFund |
Dec 31, 2021 | $0.092 | DailyAccrualFund |
Dec 01, 2021 | $0.092 | DailyAccrualFund |
Nov 01, 2021 | $0.092 | DailyAccrualFund |
Oct 01, 2021 | $0.092 | DailyAccrualFund |
Sep 01, 2021 | $0.092 | DailyAccrualFund |
Aug 02, 2021 | $0.084 | DailyAccrualFund |
Jul 01, 2021 | $0.084 | DailyAccrualFund |
Jun 01, 2021 | $0.084 | DailyAccrualFund |
May 03, 2021 | $0.083 | DailyAccrualFund |
Apr 01, 2021 | $0.083 | DailyAccrualFund |
Mar 01, 2021 | $0.083 | DailyAccrualFund |
Feb 01, 2021 | $0.083 | DailyAccrualFund |
Dec 31, 2020 | $0.083 | DailyAccrualFund |
Dec 01, 2020 | $0.083 | DailyAccrualFund |
Nov 02, 2020 | $0.083 | DailyAccrualFund |
Oct 01, 2020 | $0.083 | DailyAccrualFund |
Sep 01, 2020 | $0.083 | DailyAccrualFund |
Aug 03, 2020 | $0.082 | DailyAccrualFund |
Jul 01, 2020 | $0.082 | DailyAccrualFund |
Jun 01, 2020 | $0.082 | DailyAccrualFund |
May 01, 2020 | $0.098 | DailyAccrualFund |
Apr 01, 2020 | $0.098 | DailyAccrualFund |
Mar 02, 2020 | $0.098 | DailyAccrualFund |
Feb 03, 2020 | $0.098 | DailyAccrualFund |
Dec 31, 2019 | $0.264 | ExtraDividend |
Dec 02, 2019 | $0.094 | DailyAccrualFund |
Nov 01, 2019 | $0.094 | DailyAccrualFund |
Oct 01, 2019 | $0.094 | DailyAccrualFund |
Sep 03, 2019 | $0.094 | DailyAccrualFund |
Aug 01, 2019 | $0.100 | DailyAccrualFund |
Jul 01, 2019 | $0.103 | DailyAccrualFund |
Jun 03, 2019 | $0.102 | DailyAccrualFund |
May 01, 2019 | $0.102 | DailyAccrualFund |
Apr 01, 2019 | $0.102 | DailyAccrualFund |
Mar 01, 2019 | $0.102 | DailyAccrualFund |
Feb 01, 2019 | $0.102 | DailyAccrualFund |
Dec 31, 2018 | $0.102 | DailyAccrualFund |
Dec 03, 2018 | $0.102 | DailyAccrualFund |
Oct 01, 2018 | $0.102 | DailyAccrualFund |
Sep 04, 2018 | $0.102 | DailyAccrualFund |
Aug 01, 2018 | $0.102 | DailyAccrualFund |
Jul 02, 2018 | $0.102 | DailyAccrualFund |
Jun 01, 2018 | $0.102 | DailyAccrualFund |
May 01, 2018 | $0.102 | DailyAccrualFund |
Apr 02, 2018 | $0.102 | DailyAccrualFund |
Mar 01, 2018 | $0.102 | DailyAccrualFund |
Feb 01, 2018 | $0.102 | DailyAccrualFund |
Dec 29, 2017 | $0.102 | DailyAccrualFund |
Dec 01, 2017 | $0.103 | DailyAccrualFund |
Nov 01, 2017 | $0.103 | DailyAccrualFund |
Oct 02, 2017 | $0.103 | DailyAccrualFund |
Sep 01, 2017 | $0.103 | DailyAccrualFund |
Aug 01, 2017 | $0.103 | DailyAccrualFund |
Jul 03, 2017 | $0.103 | DailyAccrualFund |
Jun 01, 2017 | $0.103 | DailyAccrualFund |
May 01, 2017 | $0.103 | DailyAccrualFund |
Apr 03, 2017 | $0.103 | DailyAccrualFund |
Mar 01, 2017 | $0.103 | DailyAccrualFund |
Feb 01, 2017 | $0.103 | DailyAccrualFund |
Dec 30, 2016 | $0.103 | DailyAccrualFund |
Nov 01, 2016 | $0.103 | DailyAccrualFund |
Oct 03, 2016 | $0.103 | DailyAccrualFund |
Sep 01, 2016 | $0.103 | DailyAccrualFund |
Aug 01, 2016 | $0.103 | DailyAccrualFund |
Jul 01, 2016 | $0.103 | DailyAccrualFund |
Jun 01, 2016 | $0.103 | DailyAccrualFund |
May 02, 2016 | $0.103 | DailyAccrualFund |
Apr 01, 2016 | $0.103 | DailyAccrualFund |
Mar 01, 2016 | $0.103 | DailyAccrualFund |
Feb 01, 2016 | $0.103 | DailyAccrualFund |
Dec 31, 2015 | $0.103 | DailyAccrualFund |
Dec 01, 2015 | $0.103 | DailyAccrualFund |
Nov 02, 2015 | $0.103 | DailyAccrualFund |
Oct 01, 2015 | $0.103 | DailyAccrualFund |
Sep 01, 2015 | $0.103 | DailyAccrualFund |
Aug 03, 2015 | $0.103 | DailyAccrualFund |
Jul 01, 2015 | $0.103 | DailyAccrualFund |
Jun 01, 2015 | $0.103 | DailyAccrualFund |
May 01, 2015 | $0.103 | DailyAccrualFund |
Apr 01, 2015 | $0.103 | DailyAccrualFund |
Mar 02, 2015 | $0.103 | DailyAccrualFund |
Feb 02, 2015 | $0.103 | DailyAccrualFund |
Dec 31, 2014 | $0.040 | ExtraDividend |
Dec 01, 2014 | $0.103 | DailyAccrualFund |
Nov 03, 2014 | $0.097 | DailyAccrualFund |
Oct 01, 2014 | $0.097 | DailyAccrualFund |
Sep 02, 2014 | $0.097 | DailyAccrualFund |
Aug 01, 2014 | $0.097 | DailyAccrualFund |
Jul 01, 2014 | $0.097 | DailyAccrualFund |
Jun 02, 2014 | $0.097 | DailyAccrualFund |
May 01, 2014 | $0.097 | DailyAccrualFund |
Apr 01, 2014 | $0.097 | DailyAccrualFund |
Mar 03, 2014 | $0.097 | DailyAccrualFund |
Feb 03, 2014 | $0.097 | DailyAccrualFund |
Dec 31, 2013 | $0.293 | OrdinaryDividend |
Oct 01, 2013 | $0.284 | OrdinaryDividend |
Jul 01, 2013 | $0.372 | OrdinaryDividend |
Apr 01, 2013 | $0.216 | OrdinaryDividend |
Dec 31, 2012 | $0.239 | OrdinaryDividend |
Oct 01, 2012 | $0.322 | OrdinaryDividend |
Jul 02, 2012 | $0.352 | OrdinaryDividend |
Apr 02, 2012 | $0.263 | OrdinaryDividend |
Dec 30, 2011 | $0.243 | OrdinaryDividend |
NRIIX - Fund Manager Analysis
Managers
Jay Rosenberg
Start Date
Tenure
Tenure Rank
Sep 13, 2011
10.72
10.7%
Jay L. Rosenberg entered the financial services industry in 1995. He has been a Managing Director and Lead Portfolio Manager of the Real Estate Securities and Global Infrastructure at Nuveen Asset Management since joining the firm in 2011. He has been Lead Portfolio Manager of the Real Asset Income strategy since September 2011, and in May 2014 he was named Head of Investments for Real Assets. Jay graduated from the University of Wisconsin–Madison, where he received a B.S. He received a master’s degree in urban planning and public policy from the University of Illinois–Chicago.
Tryg Sarsland
Start Date
Tenure
Tenure Rank
Apr 30, 2015
7.09
7.1%
Tryg is a portfolio manager for Nuveen’s Global Infrastructure strategy, which invests in listed infrastructure companies from around the world. He joined the global infrastructure team in 2011. Tryg is also a portfolio manager for the firm’s Real Asset Income strategy, which invests in income-generating debt and equity securities from both the real estate and infrastructure segments, since 2015. In addition, he serves as the director of research -infrastructure, with responsibility for direct management of the U.S.-based equity research analysts dedicated to the Global Infrastructure and Real Asset Income teams. Tryg also maintains analyst responsibilities for the Global Infrastructure and Real Asset Income strategies, specializing in non-U.S. utilities.Before joining the firm in 2011, he was vice president and director of project finance at National Wind, LLC, where he spearheaded the development, procurement and investment of funds for wind energy projects. He was also vice president with Meridian Companies, LLC, and Standard Chartered Bank.Tryg graduated with a B.A. from St. John’s University and an M.B.A. from St. Cloud State University
Brenda Langenfeld
Start Date
Tenure
Tenure Rank
Apr 30, 2015
7.09
7.1%
Brenda A. Langenfeld, CFA, entered the financial services industry in 2004. She has been a Vice President and Portfolio Manager at Nuveen Asset Management since joining the firm in 2011. She was named Co-Portfolio Manager of the Preferred Securities strategy in January 2012. In April 2015, she was named Co-Portfolio Manager of the Real Asset Income strategy. She was named Senior Vice President in March 2017. In March 2019, she was named Managing Director.
Jean Lin
Start Date
Tenure
Tenure Rank
Jan 02, 2019
3.41
3.4%
Jean C. Lin, CFA, entered the financial services industry in 1994. She joined Nuveen Asset Management, LLC as Managing Director, Portfolio Manager and High-Yield Research Analyst in September 2018. She also serves as Managing Director, Portfolio Manager and High-Yield Research Analyst for Teachers Advisors, LLC, TIAA-CREF Investment Management, LLC and other advisory affiliates of TIAA. She joined TIAA in 1994.
Benjamin Kerl
Start Date
Tenure
Tenure Rank
Oct 01, 2021
0.66
0.7%
Ben is a portfolio manager for Nuveen’s Global Real Estate Securities strategy and Real Estate Securities strategy, as well as head of real estate investments for the Real Assets investment team at Nuveen. He specializes in real estate equities in the U.K., Europe and Canada. From 2012 through 2017, Ben also covered the multi-family and healthcare sectors for the firm’s Real Estate Securities strategy. Ben began working in the investment industry in 2012 when he joined the firm. Before joining the firm, he worked for eight years in the real estate and renewable energy industries. Most recently, Ben was an independent consultant providing project development services to national and international wind energy developers. He started his career as a real estate development manager at Lander Group, where he managed infill multifamily and commercial projects from 2005 to 2007. Ben graduated with a bachelor of commerce degree from McGill University in Montreal, Quebec.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 30.27 | 6.52 | 9.25 |