Nuveen Emrg Mkts Debt 2022 Target Term:JEMD

    Manage Alerts


    As of 10/23/2020

    52 Wk Avg$7.73$7.88-2.32%
    52 Wk High$9.57$8.965.30%
    52 Wk Low$5.05$6.16-16.01%
    Regular Distribution TypeIncome Only
    Distribution Rate5.60%
    Distribution Amount$0.0335
    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 Dec 2022. The Fund invests at least 80% of its Managed Assets in emerging market debt securities and may invest without limit in investment grade securities and securities rated below investment grade. In seeking to return the original NAV on or about 1 Dec 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 effective maturity on any holding to no later than 1 Jun 2023.

    Capital Structure

    As of 10/23/2020

    Total Investment Exposure:$140.264M
    Total Common Assets:$107.409M
    Common Shares Outstanding:14,245,263

    As of 10/22/2020

    Preferred Share Assets:
    Total Debt (USD): $32.855M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $32.855M
    Effective Leverage (%): 23.42%
    Annual Expense Ratios

    As of 12/31/2019

      Per Common Share
    Management Fees1.31%
    Other Expenses:0.10%
    Baseline Expense: N/A
    Interest Expense:1.09%
    Total: 2.50%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors, LLC.

    Portfolio Managers
    Katherine Renfrew, Anupam Damani

    Category: Fixed Income - Taxable-Emerging Market Income
    Ticker: JEMD
    NAV Ticker: XJEMDX
    Average Daily Volume (shares): 35,922
    Average Daily Volume (USD): $0.279M
    Inception Date: 9/26/2017
    Inception Share Price: $10.00
    Inception NAV: $9.83
    Tender Offer: No
    Term: Yes
    Fiscal Year End: December 31
    Third Party Links & Reports


    As of 10/23/2020

    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 6/30/2020
    Annualized Distribution Rate on NAV:
    As of 10/23/2020
    Total Return on NAV (12 months):
    As of 10/23/2020
    Avg. Portfolio Coupon:
    As of 10/23/2020
    Total % Portfolio Effectively Leveraged:
    As of 10/23/2020

    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 10/23/2020

    PeriodAvg Discount
    6 Month-4.75%
    1 Year-2.32%
    3 Year-3.28%
    5 Year 

    As of 10/23/2020

    3 Month-0.50
    6 Month-0.08
    1 Year-0.65
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 9/30/2020
    Category: Morningstar US CEF Emerging Market Income

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    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 9/30/2020
    Category: Morningstar US CEF Emerging Market Income

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 10/23/2020
    Number of Holdings:
    As of 7/31/2020
    Annual Portfolio Turnover:
    As of 12/31/2019
    Asset Allocation

    As of 7/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 7/31/2020 reported by Fund Sponsor

    Government (Super Sector)71.40%
    Corporate (Super Sector)26.52%
    Corporate Bond26.47%
    Government Related20.30%
    Cash Equivalents-28.41%
    Cash Equivalents (Super Sector)-28.41%
    Call Exposure

    As of 8/31/2020 reported by Fund Sponsor

    Top Holdings

    As of 7/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Net Other Assets$43.66M30.49%
    Republic of Rwanda 6.62%$8.49M5.93%
    Iraq (Republic Of) 6.75%$8.10M5.66%
    Ukraine (Republic of) 7.75%$7.95M5.55%
    Petroleos Mexicanos 3.5%$7.48M5.23%
    Transnet SOC Limited 4%$7.33M5.12%
    Barbados Government Of 6.5%$6.26M4.37%
    Republic of El Salvador 7.75%$6.25M4.36%
    Eskom Holdings SOC Limited 5.75%$4.91M3.43%
    Republic of Zambia 5.38%$4.20M2.93%
    Credit Quality

    As of 7/31/2020 reported by Fund Sponsor

    Maturity Breakdown

    As of 7/31/2020 reported by Fund Sponsor

    Country Allocation

    As of 7/31/2020 reported by Fund Sponsor

    Country% Portfolio
    Others - Fixed Income61.82%
    South Africa - Fixed Income10.41%
    Turkey - Fixed Income6.00%
    Mexico - Fixed Income5.23%
    Brazil - Fixed Income4.30%
    India - Fixed Income2.55%
    Argentina - Fixed Income2.24%
    Israel - Fixed Income1.45%
    China - Fixed Income1.25%
    Pakistan - Fixed Income1.23%
    United Kingdom - Fixed Income1.03%
    Colombia - Fixed Income0.39%

    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.


    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.