Nuveen Real Asset Income Fund Class I
NRIIX
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 I (NRIIX) 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; its portfolio comprises US bonds (26.22%), non-US stocks (23.82%), US stocks (23.21%), non-US bonds (6.83%), cash (3.14%), and other assets (16.79%), with top sectors encompassing real estate (25.52%), utilities (10.67%), and energy (6.69%). The fund invests at least 80% of its net assets plus borrowings in securities issued by real asset companies worldwide, such as common stocks, preferred securities, debt instruments, and REITs, targeting mid-cap value stocks and low-credit-quality, limited interest-rate-sensitive bonds; key holdings include State Street Navigator Securities Lending Trust, Gaming and Leisure Properties Inc., Energy Transfer LP, Evergy Inc., and Enbridge Inc., spanning regions like the United States (23.12%), Eurozone (6.27%), and Canada (5.46%). Launched on September 13, 2011, and domiciled in the United States with headquarters in Chicago, Illinois, the fund is managed by a team including Brenda Langenfeld and Tryg Sarsland (since April 2015), Benjamin Kerl (since October 2021), Noah Hauser (since May 2024), and James Kim (since February 2025), with total net assets of approximately $1.11 billion and a net expense ratio of 0.91% for the Class I shares (minimum initial investment $100,000). Recent developments include portfolio manager additions amid ongoing leadership transitions in 2024-2025, aligning with Nuveen's broader strategic reorganization into specialized platforms such as a new Global Multi-Asset Infrastructure Platform launched in September 2025 to enhance infrastructure investment capabilities across public and private markets, alongside expansions in global real estate ($135 billion AUM), natural capital, and other alternatives totaling $340 billion under management. The fund maintains availability for sale in the United States, categorized by Morningstar as Global Moderately Conservative Allocation, with regular daily pricing and distributions estimated to include sources beyond net investment income such as capital gains and return of capital.