Nuveen Real Asset Income Fund Class A
NRIAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 333 West Wacker Dr. Chicago IL United States of America 60606
- IPO Date
- Sep 13, 2011
- CIK
- 0000820892
- Website
- nuveen.com
- Similar Companies
- Business
- Nuveen Real Asset Income Fund Class A (NRIAX) is an open-end mutual fund that seeks a high level of current income and potential capital appreciation through investments in global real asset-related securities, including infrastructure and real estate across the capital structure. The fund allocates primarily to U.S. and non-U.S. stocks (approximately 23% U.S. stocks and 24% non-U.S. stocks), U.S. bonds (26%), non-U.S. bonds (7%), cash (3%), and other assets (17%), with key sector exposures in real estate (26%), utilities (11%), and energy (7%); top holdings include State Street Navigator Securities Lending Trust, Gaming and Leisure Properties Inc., Energy Transfer LP, Evergy Inc., and Enbridge Inc. It offers share classes such as Class A (NRIAX, with 5.75% front-end load and 1.16% net expense ratio), Class I (NRIIX), Class C (NRICX), and Class R6 (NRIFX), targeting individual and institutional investors in the United States. Launched on September 13, 2011, and domiciled in the United States, the fund is managed by a team from Nuveen Asset Management, including Brenda Langenfeld and Tryg Sarsland (since 2015), Benjamin Kerl (since 2021), Noah Hauser (since 2024), and James Kim (since February 2025). Nuveen, the investment management arm of TIAA, oversees the fund as part of its broader suite of real asset strategies, with total net assets of approximately $1.11 billion and Class A assets at $134 million. The fund maintains global geographic diversification, with significant exposures to the United States (23%), Eurozone (6%), Canada (5%), United Kingdom (3%), and developed Asia (3%). Recent portfolio adjustments reflect ongoing active management, including the addition of James Kim to the management team in February 2025 to enhance strategic oversight amid evolving market conditions in real assets. In 2024, Noah Hauser joined the team, supporting adaptations to inflation and interest rate dynamics affecting infrastructure and REITs. While no major acquisitions, funding rounds, or product launches specific to NRIAX occurred in the last 1-2 years, Nuveen's parent organization pursued real estate expansions, such as raising $650 million for its U.S. Strategic Debt Fund final close in December 2025, underscoring broader firm momentum in real asset income strategies.