Nuveen Real Asset Income and Growth Fund Announces Update to Distribution Policy and Increase in Distribution Amount

Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the Nuveen Real Asset Income and Growth Fund (NYSE: JRI) is changing its distribution from a quarterly schedule to a monthly schedule, beginning with the distribution payable on October 1, 2013. Additionally, the fund is increasing its regular distribution amount from $0.3675 per quarter, which is a monthly equivalent of $0.1225, to a regular monthly distribution amount of $0.1345, which reflects a 9.8 percent increase on a monthly equivalent basis. The new regular distribution amount is currently expected to consist solely of net investment income. The fund’s monthly distribution is listed below.

The following dates apply to today's distribution declarations for the following Closed-End Funds:

For more information on these changes, please view the Update on the Nuveen Real Asset Income & Growth Fund document on our website by clicking here.

All of Nuveen’s closed-end funds seek to pay stable distributions at rates that reflect each fund’s past results and projected future performance. During certain periods, each fund may pay distributions at a rate that may be more or less than the amount of net investment income actually earned by the fund during the period. If a fund cumulatively earned more than it has paid in distributions, it holds the excess in reserve as undistributed net investment income (UNII) as part of the fund’s net asset value (NAV). Conversely, if a fund has cumulatively paid distributions in excess of its earnings, the excess constitutes negative UNII that is likewise reflected in the fund’s NAV. Each fund will, over time, pay all of its net investment income as distributions to shareholders. The funds’ positive or negative UNII balances are disclosed from time to time in their periodic shareholder reports, and are also on www.nuveen.com/cef.

In addition, distributions for certain funds, such as JRI, investing in real estate investment trusts (REITs) may later be characterized as capital gains and/or a return of capital, depending on the character of the dividends reported to each fund after year-end by REIT securities held by each fund.

Nuveen Investments provides high-quality investment services designed to help secure the long-term goals of institutional and individual investors as well as the consultants and financial advisors who serve them. Nuveen Investments markets a wide range of specialized investment solutions which provide investors access to capabilities of its high-quality boutique investment affiliates—Nuveen Asset Management, LLC, Symphony Asset Management LLC, NWQ Investment Management Company, LLC, Santa Barbara Asset Management, LLC, Tradewinds Global Investors, LLC, Winslow Capital Management, LLC and Gresham Investment Management LLC, all of which are registered investment advisers and subsidiaries of Nuveen Investments, Inc. Funds distributed by Nuveen Securities, LLC., a subsidiary of Nuveen Investments, Inc. In total, Nuveen Investments managed approximately $216 billion as of June 30, 2013. For more information, please visit the Nuveen Investments website at www.nuveen.com.

*Nuveen does not provide tax advice; consult a professional tax advisor regarding your specific tax situation.