Nuveen Real Estate Income Fund Overview
Pro stress-test →Nuveen Real Estate Income Fund is a closed-end management investment company with an investment objective of high current income and capital appreciation. The Fund invests at least 90% of its total assets in income-producing common stocks, preferred stocks, convertible securities and debt securities issued by real estate companies. The fund is launched by Nuveen Investments Inc.
Strategic Profile
Pro stress-test →The Fund invests at least 80% of its total assets in income producing equity securities issued by real estate investment trusts (REITs), excluding convertible securities, and may invest up to 20% of total assets in debt securities issued or guaranteed by real estate companies. At least 75% of the Fund's managed assets will be in securities rated investment grade, and the Fund uses leverage. The fund is managed by Security Capital Research & Management Incorporated.
Competitive Landscape
Pro stress-test →JRS competes within the closed-end real estate income fund space against other diversified REIT funds and income-focused investment vehicles. Comparable alternatives include Neuberger Berman Real Estate Securities Income Fund and other REIT-focused closed-end funds. The fund's leverage strategy and focus on investment-grade real estate securities differentiate it from broader equity REIT indices and actively managed real estate mutual funds.
Industry Context
Nuveen Real Estate Income Fund operates in Real estate investment funds (closed-end).
Key facts
Founded: 2001 · Headquarters: Chicago, US · Revenue: $11.14M · Market cap: $238.65M