JPI News and Press, Nuveen Preferred and Income Term Fund of Beneficial Interest From 10/26/23

2023-10-26 14:30:38 ET Summary The Nuveen Preferred and Income Term Fund is a term closed-end fund that primarily invests in preferred securities. Investors are concerned about the fund's performance as it approaches its termination date next year, following the recent struggles o...

2023-10-18 15:23:16 ET Summary Nuveen Preferred & Income Term Fund offers a 7.07% yield, which compares respectably to most alternatives today. The JPI closed-end fund is set to expire next year and its shares are currently trading at a discount, providing potential for capita...

2023-08-11 14:46:54 ET Nuveen Preferred & Income Term Fund ( NYSE: JPI ) has declared $0.098/share monthly dividend . Payable Sept. 1; for shareholders of record Aug. 15; ex-div Aug. 14. See JPI Dividend Scorecard, Yield Chart, & Dividend Growth. For ...

2023-07-29 10:38:08 ET Summary We take a look at the action in preferreds and baby bonds through the third week of July and highlight some of the key themes we are watching. Preferreds mostly rallied on the week as credit spreads continued to tighten in line with the soft landing ...

2023-06-24 01:59:56 ET Summary We review CEF market valuation and performance through the third week of June and highlight recent market action. CEFs were mostly up on the week due to improving risk sentiment. We discuss a common CEF triple whammy that investors ought to be aw...

2023-05-27 06:13:16 ET Summary We review CEF market valuation and performance through the third week of May and highlight recent market action. CEFs were mostly down on the week as rising Treasury yields were the key headwind. Several aspects of term CEFs continue to be misund...

2023-05-24 13:51:47 ET Summary Bank securities and preferred CEFs have been some of the livelier parts of the income market in the last few months. In some of the hysteria, however, it's easy to lose sight of the facts and misinterpret the relationship between regional banks and p...

2023-05-09 11:41:45 ET Nuveen Preferred & Income Term Fund ( NYSE: JPI ) declares $0.098/share monthly dividend , in line with previous. Forward yield 7.16% Payable June 1; for shareholders of record May 15; ex-div May 12. See JPI Dividend Scorecard, Yiel...

2023-04-30 01:47:42 ET Summary We review CEF market valuation and performance through the third week of April and highlight recent market action. The CEF market was mostly down as interest rates and credit spreads rose over the week. A number of preferred CEFs deleveraged in M...

2023-04-19 08:47:46 ET Summary The failure of SVB and Signature Bank created a maelstrom of fears and deja vu of 2008. But Credit Suisse merging into UBS smashed the preferred stock space. Credit Suisse's AT1/CoCos were marked down to zero which surprised investors in these bonds,...