Nuveen Real Asset Income Fund Class C
NRICX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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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 C (NRICX) is an open-end mutual fund that seeks a high level of current income with a secondary objective of capital appreciation by investing at least 80% of its net assets in real asset-related securities, including infrastructure and real estate securities across the capital structure worldwide. The fund allocates across US stocks (approximately 25%), non-US stocks (23%), US bonds (27%), non-US bonds (6%), cash (3%), and other assets (16%), with major sector exposures in real estate (26%), utilities (11%), and energy (7%); key holdings include Energy Transfer LP, Dominion Energy Inc, Evergy Inc, and Simon Property Group Inc. It is managed by a team including Brenda Langenfeld and Tryg Sarsland (since 2015), Benjamin Kerl (since 2021), Noah Hauser (since 2024), and James Kim (since February 2025), with a net expense ratio of 1.91%, a 1% deferred load, minimum initial investment of $2,500, and total net assets of $1.14 billion as of the latest reporting. Launched on September 13, 2011, the fund is domiciled in the United States and available for sale primarily to US investors through platforms such as brokerage accounts and IRAs. Nuveen Real Asset Income Fund Class C operates as part of the Nuveen family of funds managed by Nuveen Investments, headquartered in Chicago, Illinois. The fund's global diversification spans regions including the United States (25%), Eurozone (6%), Canada (5%), United Kingdom (4%), and Developed Asia (3%), targeting institutional and retail investors seeking income from real assets. Recent portfolio management updates include the addition of James Kim as co-manager in February 2025, enhancing the team's expertise in real asset strategies. While the fund itself has not reported specific acquisitions, new product launches, or name changes in the past 1-2 years, its parent organization Nuveen has pursued strategic expansions, such as CalPERS' additional $400 million allocation to Nuveen Real Estate's affordable housing strategy in 2025 (bringing total commitment to $500 million), a September 2025 strategic partnership between Nuveen Private Capital, Hunter Point Capital, and Temasek for minority investments and capital commitments, and the final close of Nuveen Real Estate's U.S. Strategic Debt Fund at $650 million in December 2025 focused on transitional commercial real estate loans. These broader Nuveen initiatives underscore ongoing growth in real asset and private credit capabilities supporting funds like NRICX.