JPT News and Press, Nuveen Preferred and Income 2022 Term Fund of Beneficial Interest From 05/18/23

2023-05-18 11:53:05 ET Summary 6 out of 22 CEF sectors positive on price and 10 out of 22 sectors positive on NAV last week. XFLT boosts distribution by +16.44%. Distribution level highest since inception in 2017. Author’s note: This article was released to CEF/...

2023-05-09 11:39:11 ET Nuveen Preferred and Income Fund ( NYSE: JPT ) declares $0.093/share monthly dividend , in line with previous. Forward yield 7.25% Payable June 1; for shareholders of record May 15; ex-div May 12. See JPT Dividend Scorecard, Yield Chart...

The Boards of Trustees of Nuveen Preferred and Income Fund (NYSE: JPT), Nuveen Preferred & Income Securities Fund (NYSE: JPS), and Nuveen Preferred & Income Opportunities Fund (NYSE: JPC) have approved a proposal to merge the funds. The proposed mergers, if approved by shareholders, would...

2023-04-11 15:54:06 ET Summary Today, I wanted to take a broader look at the preferred closed-end fund space. After struggling for most of the last year due to rapidly-rising interest rates, the latest banking failures sent preferred CEFs spiraling. A mixture of leverage and e...

Nuveen Preferred and Income Fund ( NYSE: JPT ) declares $0.107/share monthly dividend , in line with previous. Forward yield 6.59% Payable March 1; for shareholders of record Feb. 15; ex-div Feb. 14. See JPT Dividend Scorecard, Yield Chart, & Dividend Growth. ...

Summary We refresh our previous constructive analysis of PTA in light of its recently issued shareholder report. PTA continues to benefit from a number of structural features unique to Cohen CEFs such as leverage resilience, low cost of leverage and modest duration. These factors ar...

Nuveen Preferred and Income Fund ( NYSE: JPT ) declares $0.107/share monthly dividend , -11.2% decrease from prior dividend of $0.120. Forward yield 6.9% Payable Feb. 1; for shareholders of record Jan. 13; ex-div Jan. 12. See JPT Dividend Scorecard, Yield Chart, ...

Summary Only funds with yields over 8%, coverage higher than 90% and trading at a discount are considered. Top lists of discount, yield, DxY and DxYxZ are given. The top DxY funds are PGZ, HFRO, and EMD. Author’s note: This article was released to CEF/ETF Income L...

Summary Preferreds closed-end funds continue to hold appeal for income investors due to their relatively high credit quality, modest duration, and high yields. Term CEFs add another attractive feature due to the potential anchoring of the discount on the expected termination date of the...

Summary Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are HFRO, DHF and PHD. Author’s note: This article was released to CEF/ETF Income Laboratory members on October 26, 2022. Please ...