ENLAY - JRI: Attractive Discount With Defensive Cash Flow Holdings
This article was first released on September 20th, 2019. Please check the latest data before making investment decisions.
Nuveen Real Asset Income And Growth Fund (JRI) is a closed-end fund that invests in a mix of equity and debt securities; it's primarily invested in infrastructure, REITs and utility companies through investments in common stock, debt and preferred securities. The fund has an attractive discount of 11.26%, which is currently less than its average 1-year discount of 13.31%. While this would normally warrant caution, the underlying portfolio relative to its peers is not nearly