JPI Stock, Nuveen Preferred and Income Term Fund of Beneficial Interest Information
Stock Information
| Company Name: | Nuveen Preferred and Income Term Fund of Beneficial Interest |
| Stock Symbol: | JPI |
| Market: | NYSE |
| Website: | www.nuveen.com |
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About Nuveen Preferred and Income Term Fund of Beneficial Interest
The Fund seeks to provide a high level of current income and total return by investing at least 80% of its managed assets in preferred and other income-producing securities, including hybrid securities such as contingent capital securities, with a focus on securities issued by financial and insurance firms. The Fund uses leverage and has a 12-year term and intends to liquidate and distribute its then-current net assets to shareholders on or before 31 Aug 2024.