Nuveen Core Equity Alpha:JCE

    Manage Alerts

    Overview

    As of 7/10/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$12.33$13.43-8.19%
    52 Wk Avg$13.45$14.04-4.36%
    52 Wk High$15.43$15.56-0.88%
    52 Wk Low$8.05$9.78-18.21%
    Regular Distribution TypeManaged Distribution
    Distribution Rate7.30%
    Distribution Amount$0.2250
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The investment objective of the Fund is to provide an attractive level of total return, primarily through long term capital appreciation and secondarily through income and gains. The Fund invests in a portfolio of actively managed common stocks selected from among the 500 stocks comprising the S&P 500 Index, using a proprietary mathematical process designed and implemented by Intech, a sub-adviser of the Fund. The Fund also sells call options with a notional value of up to 50% of the Fund's equity portfolio in seeking to enhance risk-adjusted performance relative to an all equity portfolio.

    Capital Structure

    As of 7/10/2020

    Total Investment Exposure:$215.273M
    Total Common Assets:$215.273M
    Common Shares Outstanding:16,029,281
    Leverage

    As of 2/27/2015

    Preferred Share Assets:
    Total Debt (USD): $3.073M
    Regulatory Leverage (USD): $3.073M
    Effective Leverage (USD): $3.073M
    Effective Leverage (%): 1.35%
    Annual Expense Ratios

    As of 12/31/2019

      Per Common Share
    Management Fees0.91%
    Other Expenses:0.10%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.01%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors, LLC.

    Portfolio Managers
    Adrian Banner, Vassilios Papathanakos, David A. Friar

    Basics
    Category: Equity-U.S. Equity
    Ticker: JCE
    NAV Ticker: XJCEX
    Average Daily Volume (shares): 56,089
    Average Daily Volume (USD): $0.744M
    Inception Date: 3/27/2007
    Inception Share Price: $20.00
    Inception NAV: $19.10
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 7/10/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 12/31/2019
    $0.0475
    Annualized Distribution Rate on NAV:
    As of 7/10/2020
    6.70%
    Total Return on NAV (12 months):
    As of 7/10/2020
    -1.38%
    Total % Portfolio Effectively Leveraged:
    As of 7/10/2020
    1.35%

    For the latest UNII information on this fund, please visit the Nuveen fund page.

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 7/10/2020

    PeriodAvg Discount
    6 Month-5.97%
    1 Year-4.36%
    3 Year-2.64%
    5 Year-4.05%
    Z-Score

    As of 7/10/2020

    PeriodZStat
    3 Month-0.90
    6 Month-0.80
    1 Year-1.45
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2020
    Category: Morningstar US CEF US Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-12.94%-8.03%-15.07%-12.90%
    201930.43%27.08%32.25%27.32%
    2018-11.08%-7.39%-11.89%-10.13%
    201732.08%21.70%22.72%19.06%
    2016-0.33%3.40%13.79%12.38%
    2015-1.92%1.31%-7.45%-6.29%
    201418.57%11.97%24.05%7.38%
    201339.13%32.13%37.23%30.01%
    201215.88%14.42%16.19%14.79%
    20113.18%6.77%-2.63%-1.36%
    201017.43%15.82%22.35%18.15%
    200942.13%23.46%50.91%28.82%
    2008-34.07%-30.87%-41.61%-37.74%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/30/2020
    Category: Morningstar US CEF US Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 3/31/2020
    234
    Annual Portfolio Turnover:
    As of 12/31/2019
    35.00%
    Asset Allocation

    As of 3/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 3/31/2020 reported by Fund Sponsor

    Sector%Portfolio
    Defensive (Super Sector)36.32%
    Cyclical (Super Sector)32.66%
    Sensitive (Super Sector)30.32%
    Healthcare22.97%
    Technology14.21%
    Financial Services13.23%
    Industrials11.81%
    Consumer Cyclical11.30%
    Consumer Defensive8.56%
    Utilities4.80%
    Top Holdings

    As of 3/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Bristol-Myers Squibb Company$3.05M1.65%
    Microsoft Corp$3.04M1.64%
    Apple Inc$2.96M1.60%
    Baxter International Inc$2.78M1.50%
    Sherwin-Williams Co$2.75M1.49%
    Ross Stores Inc$2.73M1.48%
    Intuitive Surgical Inc$2.72M1.47%
    Amgen Inc$2.60M1.40%
    Regeneron Pharmaceuticals Inc$2.55M1.38%
    Humana Inc$2.47M1.34%
    Country Allocation

    As of 3/31/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity97.68%
    Ireland - Equity1.30%
    Singapore - Equity0.47%
    Switzerland - Equity0.25%
    United Kingdom - Equity0.04%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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