Written by Nick Ackerman, co-produced by Stanford Chemist
Nuveen Real Asset Income And Growth Fund (JRI) hasn't performed as I would have expected. While the fund isn't the worst-performing fund I hold, it certainly didn't act in a manner consistent with the label "defensive," that I had felt the fund was. I put too much emphasis on the hybrid allocation of having equities, bonds and preferred stock in its portfolio focused on real estate and infrastructure plays. These are positions that typically do draw reliable cash flows, and thus, can pass that income