JPT News and Press, Nuveen Preferred and Income 2022 Term Fund of Beneficial Interest From 04/02/20

Along with distributions, month-end often brings interesting tidings to CEF investors. Distribution announcements are some of the most keenly watched pieces of information in the CEF space at the moment. The enormous volatility that we have seen in CEF space has hammered funds and put asset co...

Author's note : This article was released to members on March 24, 2020, and includes a rare reposting of our weekly commentary and actionable ideas. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund se...

This article uses market data as of Wednesday close. The last few weeks have seen enormous moves across the preferred stock sector - a stark reminder of the financial-crisis era drawdown. In this article, we take a look at how the current episode compares to what we saw over a decade ago a...

This article uses market data as of Tuesday close. A sharp drawdown period for preferred stocks has hammered asset coverage and increased leverage across the CEF sector. Given the sharp losses in the sector, asset coverage may be the last thing on investors' minds. Asset coverage, however,...

Given the sharp and fast drawdowns we have seen in the CEF market over the last few weeks, the obvious question is what are the options available to income investors that allow them to stay in the market but limit the volatility of their portfolios. Our response to this question has typically ...

Several months ago, we introduced our yield-target CEF portfolios. These portfolios are somewhat unusual from what CEF investors may be used to in the sense that they are not discretionary. In other words, they are quantitatively constructed according to a few simple goals. These goals are t...

The CEF market is starting to crack. While we bemoaned the unattractive discount valuation over a few previous articles, we are finally seeing some evidence of capitulation. Given significant uncertainty around the medium-term medical and economic picture alongside air pockets of liquidity, we...

The Nuveen Preferred and Income 2022 Term Fund (NYSE: JPT ) had declared  $0.1185/share monthly dividend , in line with previous. More news on: Nuveen Preferred and Income 2022 Term Fund, Dividend News, , Read more ...

This article was first published to members of Yield Hunting on November 21st. Our quote for the December letter is going to be, " it's not so much you buy, but what you DON'T buy that matters! " There are many funds that are overvalued today. However, we are going to focus our attentio...

Author's note : This article was co-produced with Beer Money Arb and was originally released to CEF/ETF Income Laboratory members on October 17, 2019. Recently two Nuveen term funds underwent a tender offer with interesting terms and conditions attached that I discussed in a previous...