Nuveen Real Asset Income & Growth Fund (JRI)
The Nuveen Real Asset Income and Growth Fund is a closed-ended, balanced mutual fund, initially launched by Nuveen Investments, Inc. Its management is a collaborative effort between Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund strategically invests in global public equity markets, including depository receipts and a particular emphasis on companies within the real estate sector. For its fixed income allocation, the fund targets securities with an 'investment grade quality' profile, accepting ratings as low as BB+/Ba1 or even lower. This fund, domiciled in the United States, was established on April 25, 2012.
Industry: Asset Management - Income
Nuveen Real Asset Income and Growth Fund
NYSE:JRIFinancial Services · Asset Management - Income
+0.66%$10.75
AH Close$10.75+0.00%vs close
AH Close$10.75+0.00%vs close
Mkt Cap$295.07M
Float27.42M
O/S27.45M
Inst Own39.3%
SI<0.1%
Div Yield14.90%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$43.6M
Net Income$49.11M
Total Assets$543.6M
Free Cash Flow$19.58M
Debt & Equity
Debt 32%
Equity 68%
Total Debt$174.13M
Total Equity$367M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in JRI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$543.6M
Liabilities$176.6M
Accounts Receivable$4.97M
Accounts Payable$1.7M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Revenue | $43.6M | $41.74M | $14.6M | $16.52M | $76.94M | -$80.2M | $135.39M | -$49.51M | $34.37M | $15.9M |
| YoY Growth | 4.4% | 186.0% | -11.6% | -78.5% | -195.9% | -159.2% | -373.4% | -244.0% | 116.2% | - |
| Cost of Revenue | $5.62M | $5.84M | $9.24M | $6.37M | $6.52M | $6.34M | $7.73M | $7.82M | $4.49M | $2.78M |
| Gross Profit | $37.98M | $35.91M | $34.39M | $10.15M | $70.42M | -$86.54M | $127.66M | -$57.34M | $29.89M | $13.12M |
| Gross Margin | 87.1% | 86.0% | 235.6% | 61.4% | 91.5% | 107.9% | 94.3% | 115.8% | 86.9% | 82.5% |
| Research and Development | $0 | $0 | $0 | -$4 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $0 | $1.1M | $594K | $882K | $663K | $760K | $809K | $957K | $724K | $0 |
| Other | -$19.53M | $963K | $999K | $1.16M | $1.31M | $1.1M | $1.27M | $1.26M | $552 | $8.94M |
| Total Operating Expenses | -$19.53M | $2.06M | $1.59M | $2.05M | $1.98M | $1.86M | $2.08M | $2.21M | $725K | $8.94M |
| Operating Income (EBIT) | $57.51M | $35.26M | $43.08M | -$69.3M | $76.55M | -$79.32M | $133.31M | -$45.62M | $35.89M | $22.06M |
| Operating Margin | 131.9% | 84.5% | 295.2% | -419.6% | 99.5% | 98.9% | 98.5% | 92.1% | 104.4% | 138.7% |
| Interest Expense | $8.6M | $9.24M | $9.24M | $4.36M | $1.58M | $2.74M | $6.58M | $6.11M | $2.41M | $0 |
| Interest Income | $31.32M | $12.67M | $11.59M | $9.82M | $8.56M | $10.19M | $14.5M | $15.52M | $7.14M | $0 |
| Other Income (Expense) | -$8.4M | -$9.75M | -$10.28M | -$4.36M | -$1.58M | -$2.74M | $0 | -$6.11M | $4.32M | -$981K |
| Income Before Tax (EBT) | $49.11M | $25.51M | $32.8M | -$73.67M | $74.97M | -$82.06M | $133.31M | -$51.73M | $33.48M | $21.08M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | -$53K | $0 |
| Net Income | $49.11M | $25.51M | $32.8M | -$73.67M | $74.97M | -$82.06M | $133.31M | -$51.73M | $33.48M | $21.08M |
| Net Income Margin | 112.6% | 61.1% | 224.7% | -446.0% | 97.4% | 102.3% | 98.5% | 104.5% | 97.4% | 132.6% |
| Supplementary Data | ||||||||||
| EPS | 1.79 | 0.93 | 1.20 | -2.68 | 2.73 | -2.99 | 4.85 | -1.88 | 2.80 | 0.76 |
| Diluted EPS | 1.79 | 0.93 | 1.20 | -2.68 | 2.73 | -2.99 | 4.85 | -1.88 | 2.80 | 0.76 |
| Weighted Average OS | 27.44M | 27.42M | 27.33M | 27.45M | 27.45M | 27.45M | 27.47M | 27.51M | 27.63M | 27.63M |
| EBITDA | $57.71M | $35.26M | $43.08M | -$69.08M | $76.79M | -$79.32M | $133.31M | -$45.62M | $35.89M | $22.06M |
| EBITDA Margin | 132.4% | 84.5% | 295.2% | -418.2% | 99.8% | 98.9% | 98.5% | 92.1% | 104.4% | 138.7% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $1.03M | $2.13M | $245K | $323K | $2.41M | $1.53M | $2.6M | $200K | $33K | $44K |
| Short-Term Investments | $9.13M | $12.43M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $741K |
| Cash and Short-Term Investments | $10.16M | $14.55M | $245K | $323K | $2.41M | $1.53M | $2.6M | $200K | $33K | $786K |
| Accounts Receivable | $4.97M | $5.06M | $4.76M | $7.45M | $6.45M | $7.47M | $14.14M | $12.03M | $11.51M | $8.12M |
| Inventory | $0 | $0 | $0 | $29.49M | $29.76M | $0 | $28.91M | $32.88M | $21.36M | $0 |
| Other Current Assets | $0 | -$5.06M | -$24.95M | -$7.75M | -$8.87M | $0 | -$16.74M | -$32.88M | -$21.36M | -$8.91M |
| Total Current Assets | $15.12M | $14.55M | $5M | $7.77M | $8.87M | $8.99M | $16.74M | $12.23M | $11.54M | $0 |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $528.45M | $542.78M | $509.21M | $539.43M | $676.45M | $604.12M | $825.08M | $659.84M | $760.17M | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $24K | $0 | $19.95M | $0 | $0 | $0 | $0 | -$659.84M | -$760.17M | $0 |
| Total Long-Term Assets | $528.47M | $542.78M | $529.16M | $539.43M | $676.45M | $604.12M | $825.08M | $659.84M | $760.17M | $67K |
| Other Assets | $0 | -$7.34M | $534.21M | $36K | $1.02M | $617.27M | $3.66M | $593K | $1.2M | $253.49M |
| Total Assets | $543.6M | $549.99M | $534.21M | $547.24M | $686.33M | $617.27M | $845.48M | $672.66M | $772.91M | $253.49M |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $1.7M | $3.57M | $981K | $1.8M | $3.7M | $4.32M | $3.4M | $3.94M | $4.77M | $0 |
| Short-Term Debt | $3.18M | $4.08M | $2.04M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | -$61.6M | $0 | $0 | $0 |
| Other Current Liabilities | -$2.14M | -$9.32M | -$3.46M | $0 | -$29K | -$18K | $61.6M | -$3.94M | -$4.83M | $0 |
| Total Current Liabilities | $3.18M | $5.24M | $3.03M | $1.8M | $3.7M | $4.32M | $3.4M | $3.94M | $4.77M | $0 |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $170.94M | $183.02M | $153.74M | $167.04M | $197.94M | $166.03M | $0 | $0 | $0 | $73.28M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $2.47M | $1.9M | $4.17M | $5.95M | $0 | $0 | $0 | $0 | $0 | $3.78M |
| Total Long-Term Liabilities | $173.42M | $184.92M | $157.91M | $172.99M | $197.94M | $166.03M | $222.22M | $215.22M | $225.22M | $77.05M |
| Other Liabilities | $0 | $188.49M | -$981K | $171.19M | $6.79M | $182.54M | $69.39M | $795K | $1.04M | $0 |
| Total Liabilities | $176.6M | $188.49M | $158.89M | $174.79M | $208.42M | $182.54M | $295.02M | $219.96M | $231.04M | $77.05M |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $200.72M | $216M | $121.74M | $166.3M | $56.98M | $0 | $0 | $0 |
| Common Stock | $274K | $274K | $274K | $275K | $275K | $275K | $275K | $275K | $276K | $98K |
| Retained Earnings | -$166.41M | -$193.85M | -$200.99M | -$216M | -$121.74M | -$166.3M | -$56.98M | -$154.75M | -$5.92M | -$615K |
| Comprehensive Income & Other | $0 | $0 | -$200.99M | -$216M | -$121.74M | -$166.3M | -$56.98M | $0 | -$66.03M | -$2.88M |
| Other Stockholders' Equity | $533.13M | $555.07M | $576.04M | $588.18M | $599.37M | $600.77M | $607.17M | $607.18M | $547.52M | $176.96M |
| Total Equity | $367M | $361.5M | $375.32M | $372.45M | $477.91M | $434.74M | $550.46M | $452.7M | $541.88M | $176.44M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $543.6M | $549.99M | $534.21M | $547.24M | $686.33M | $617.27M | $845.48M | $672.66M | $772.91M | $253.49M |
| Supplementary Data | ||||||||||
| Total Debt | $174.13M | $183.02M | $153.74M | $167.04M | $197.94M | $166.03M | $222.22M | $215.22M | $225.22M | $73.28M |
| Net Debt | $173.09M | -$2.13M | $153.5M | $166.72M | $195.52M | $164.51M | $219.63M | $215.03M | $225.19M | $73.23M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Operating Activities | ||||||||||
| Net Income | $49.11M | $25.51M | $32.8M | -$73.67M | $74.97M | -$82.06M | $133.31M | -$51.73M | $33.48M | $21.08M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||
| Accounts Receivable | $89K | -$298K | $2.69M | -$994K | $1.01M | $6.68M | -$2.11M | -$525K | $4.05M | -$3.7M |
| Inventory | $0 | $0 | $0 | $98K | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$1.68M | $2.51M | -$1.75M | -$2.02M | -$533K | $899K | -$440K | -$1.03M | -$5.42M | $522K |
| Other Working Capital | -$90K | $65K | $769K | -$442K | $352K | -$49K | $121K | $2K | -$783K | $60K |
| Total Working Capital Change | -$1.68M | $2.27M | $1.71M | -$3.35M | $831K | $7.53M | -$2.43M | -$1.55M | -$2.15M | -$3.12M |
| Other Non-Cash Items | -$27.85M | -$13.62M | -$12.7M | $131.56M | -$78.19M | $228.83M | -$161.8M | $100.34M | -$13.57M | -$6.02M |
| Net Cash from Operating | $19.58M | $14.17M | $21.81M | $54.54M | -$2.39M | $154.3M | -$30.92M | $47.06M | $17.76M | $8.75M |
| Investing Activities | ||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$383.96M | -$428.72M | -$296.81M | -$418.21M | -$482.75M | -$596.65M | -$715.87M | -$667.69M | -$417.06M | -$263.57M |
| Sales of Investments | $413.72M | $411.95M | $317.99M | $451.83M | $455.57M | $725.78M | $651.13M | $694.45M | $411.92M | $267.77M |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $29.75M | -$16.76M | $21.18M | $33.62M | -$27.18M | $129.13M | -$64.74M | $26.76M | -$5.14M | $4.21M |
| Financing Activities | ||||||||||
| Debt Repaid | $8M | -$27.25M | $15.29M | $30.89M | -$31.9M | $56.19M | -$7M | $10M | -$450K | $1.23M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | -$413K | $0 | $0 | -$181K | $0 | -$2.3M | $0 | -$233K |
| Dividends Paid | -$43.61M | -$39.33M | -$29.52M | -$31.79M | -$31.79M | -$33.49M | -$35.55M | -$35.14M | -$18.2M | -$13.16M |
| Other Financing Activities | $0 | -$2.24M | -$1.68M | $5.09M | $0 | -$65M | $65M | $0 | $0 | $0 |
| Net Cash from Financing | -$53.73M | -$12.28M | -$44.86M | -$57.6M | $109K | -$154.86M | $36.45M | -$47.45M | -$17.75M | -$14.62M |
| Forex Effect | $3.3M | $7.52M | $1.79M | -$33.62M | $27.18M | -$129.13M | $64.74M | $0 | $0 | $0 |
| Net Change in Cash | -$1.09M | $1.88M | -$78K | -$3.06M | -$2.28M | -$564K | $5.54M | -$386K | $15K | -$1.65M |
| Supplementary Data | ||||||||||
| Operating Cash Flow | $19.58M | $14.17M | $21.81M | $54.54M | -$2.39M | $154.3M | -$30.92M | $47.06M | $17.76M | $8.75M |
| Capital Expenditure | $0 | $0 | $0 | -$4 | $4 | $3 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $19.58M | $14.17M | $21.81M | $54.54M | -$2.39M | $154.3M | -$30.92M | $47.06M | $17.76M | $8.75M |
| Cash at Beginning | $2.13M | $245K | $323K | $3.38M | $5.66M | $6.23M | $691K | $1.08M | $19K | $1.7M |
| Cash at End | $1.03M | $2.13M | $245K | $323K | $3.38M | $5.66M | $6.23M | $691K | $33K | $44K |