Author's note: A modified version of this article was first released to CEF/ETF Income Laboratory members on November 5, 2019.
Nuveen Real Asset Income and Growth Fund's (JRI) announced a +10.3% distribution increase, as a result of its adoption of a managed distribution policy program. In our Income Generator portfolio, we hold JRI at a ~5.5% weighting, and will look forward to an increased distribution of $0.1170 this month (ex-date November 14th), up from $0.1060 last month.
Nick last covered JRI for us recently here: JRI: Attractive Discount With Defensive Cash-Flow