Nuveen Credit Opp 2022 Target Term:JCO

    Manage Alerts

    Overview

    As of 9/22/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$8.21$8.24-0.36%
    52 Wk Avg$8.28$8.28-0.01%
    52 Wk High$8.79$8.365.29%
    52 Wk Low$7.80$8.14-4.05%
    Regular Distribution TypeIncome Only
    Distribution Rate4.97%
    Distribution Amount$0.0340
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to provide a high level of current income and return the original $9.85 net asset value per common share on or about 1 Jun 2022. At least 80% of its managed assets will be in corporate debt securities and separately, at least 80% in securities that, at the time of investment, are rated below investment grade. In seeking to return the original NAV on or about 1 Jun 2022, the Fund intends to utilize various portfolio and cash flow management techniques, including setting aside a portion of its net investment income, possibly retaining gains and limiting the longest maturity on any holdings to no later than 1 Dec 2022.

    Capital Structure

    As of 9/22/2021

    Total Investment Exposure:$300.581M
    Total Common Assets:$228.805M
    Common Shares Outstanding:27,767,590
    Leverage

    As of 9/22/2021

    Preferred Share Assets:
    Total Debt (USD): $71.776M
    Regulatory Leverage (USD): $71.776M
    Effective Leverage (USD): $71.776M
    Effective Leverage (%): 23.88%
    Annual Expense Ratios

    As of 12/31/2020

      Per Common Share
    Management Fees0.92%
    Other Expenses:0.10%
    Baseline Expense: N/A
    Interest Expense:0.57%
    Total: 1.59%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors, LLC.

    Portfolio Managers
    Scott Caraher, Jake Fitzpatrick, Kevin R. Lorenz

    Basics
    Category: Fixed Income - Taxable-High Yield
    Ticker: JCO
    NAV Ticker: XJCOX
    Average Daily Volume (shares): 59,369
    Average Daily Volume (USD): $0.489M
    Inception Date: 3/28/2017
    Inception Share Price: $10.00
    Inception NAV: $9.83
    Tender Offer: No
    Term: Yes
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 9/22/2021

    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 6/30/2021
    $0.1798
    Annualized Distribution Rate on NAV:
    As of 9/22/2021
    4.95%
    Total Return on NAV (12 months):
    As of 9/22/2021
    7.46%
    Avg. Portfolio Coupon:
    As of 9/22/2021
    4.80%
    Total % Portfolio Effectively Leveraged:
    As of 9/22/2021
    23.88%

    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 9/23/2021

    PeriodAvg Discount
    6 Month1.38%
    1 Year-0.01%
    3 Year0.66%
    5 Year 
    Z-Score

    As of 9/22/2021

    PeriodZStat
    3 Month-1.03
    6 Month-1.09
    1 Year-0.17
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/31/2021
    Category: Morningstar US CEF High Yield

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD6.74%3.51%14.95%6.21%
    2020-14.18%-7.53%1.13%3.11%
    201925.77%12.50%21.79%13.91%
    2018-5.37%-3.35%-5.54%-2.01%
    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 8/31/2021
    Category: Morningstar US CEF High Yield

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 9/22/2021
    4.80%
    Number of Holdings:
    As of 7/31/2021
    57
    Annual Portfolio Turnover:
    As of 12/31/2020
    92.00%
    Average Bond Price:
    As of 7/31/2021
    $102.30
    Asset Allocation

    As of 7/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 7/31/2021 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)91.33%
    Corporate Bond87.52%
    Cash Equivalents (Super Sector)6.20%
    Cash Equivalents6.20%
    Bank Loan3.28%
    Government Related1.43%
    Government (Super Sector)1.43%
    Convertible0.54%
    Energy0.51%
    Sensitive (Super Sector)0.51%
    Call Exposure

    As of 7/31/2021 reported by Fund Sponsor

    Top Holdings

    As of 7/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    The ADT Corporation 3.5%$14.80M5.23%
    DISH DBS Corporation 5.88%$13.46M4.75%
    Cablevision Systems Corporation 5.88%$13.36M4.72%
    Sprint Communications, Inc. 6%$13.23M4.67%
    Molina Healthcare, Inc. 5.38%$12.50M4.42%
    ZF North America Capital, Inc. 4.5%$10.49M3.70%
    T-Mobile USA, Inc. 4%$9.66M3.41%
    Navient Corporation 6.5%$9.39M3.32%
    Ford Motor Credit Company LLC 3.81%$9.04M3.19%
    Starwood Property Trust, Inc. 5%$9.02M3.19%
    Credit Quality

    As of 7/31/2021 reported by Fund Sponsor

    Maturity Breakdown

    As of 7/31/2021 reported by Fund Sponsor

    Country Allocation

    As of 7/31/2021 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income70.75%
    South Africa - Fixed Income5.70%
    Germany - Fixed Income3.70%
    Israel - Fixed Income2.97%
    Canada - Fixed Income1.80%
    Ireland - Fixed Income1.47%
    Others - Fixed Income1.17%
    United States - Equity0.72%
    Turkey - Fixed Income0.72%

    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. 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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