Nuveen High Income 2020 Target:JHY

    Overview

    As of 2/15/2019

     Share
    Price    		NAVPremium/
    Discount
    Current$9.90$9.721.88%
    52 Wk Avg$9.85$9.731.19%
    52 Wk High$10.17$9.866.22%
    52 Wk Low$9.56$9.46-1.32%
    Regular Distribution Type†Income Only
    Distribution Rate4.73%
    Distribution Amount$0.0390
    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 November 1, 2020.

    Capital Structure

    As of 2/15/2019

    Total Net Assets:$214.811M
    Total Common Assets:$153.311M
    Common Shares Outstanding:15,772,673
    Leverage

    As of 12/31/2018

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $62.000M
    Structural Leverage (USD): $62.000M
    Structural Leverage (%): 29.18%
    Effective Leverage (USD): $62.000M
    Effective Leverage (%): 29.18%
    Annual Expense Ratios

    As of 12/31/2018

      Per Common Share
    Management Fees0.86%
    Other Expenses:0.15%
    Baseline Expense: 1.01%
    Interest Expense:0.53%
    Total: 1.55%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors

    Portfolio Managers
    John Fruit (29 Jul 2015) / Jeffrey Schmitz (29 Jul 2015)

    Basics
    Category: Taxable Income-High Yield
    Ticker: JHY
    NAV Ticker:
    Average Daily Volume (shares): 33,000
    Average Daily Volume (USD): $0.324M
    Inception Date: 7/29/2015
    Inception Share Price: $10.00
    Inception NAV:
    Tender Offer: No
    Term: Yes
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 2/15/2019

    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.

     to
    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 12/31/2018    		 $0.0394
    Annualized Distribution Rate on NAV:
    As of 2/15/2019    		4.81%
    Total Return on NAV (12 months):
    As of 2/15/2019    		4.22%
    Avg. UNII Per Share:
    As of 12/31/2018    		 $0.0461
    Total % Portfolio Effectively Leveraged:
    As of 2/15/2019     		29.18%

    Pricing Information

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

    As of 2/15/2019

    PeriodAvg Discount
    6 Month1.81%
    1 Year1.19%
    3 Year4.21%
    5 Year 
    Z-Score

    As of 2/15/2019

    PeriodZStat
    3 Month-1.10
    6 Month0.00
    1 Year0.50
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 2/15/2019
    Category: High Yield Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD0.64%3.36%9.21%5.37%
    20185.45%0.97%-4.09%-0.64%
    20173.31%7.98%7.97%8.22%
    201610.46%20.25%20.26%16.61%
    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 2/15/2019
    Category: High Yield Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 12/31/2018    		131
    Annual Portfolio Turnover:
    As of 12/31/2018    		0.10%
    Average Bond Price:
    As of 10/31/2018    		$100.04
    Asset Allocation

    As of 4/30/2018 reported by Fund Sponsor

    Top Sectors

    As of 12/31/2018 reported by Fund Sponsor

    Sector%Portfolio
    U.S. High Yield Credit 72.43%
    Non-U.S. Dev High Yield C13.66%
    Non-U.S. EM High Yield Cr6.64%
    Investment-Grade Credit 5.79%
    Cash and Equivalents 1.48%
    Call Exposure

    As of 12/31/2018 reported by Fund Sponsor

    Top Holdings

    As of 12/31/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    Limited Brands 6.625% 6.62 01 Apr 2021$3.97M1.89%
    Hertz 5.875% 5.88 15 Oct 2020$3.86M1.83%
    Centurylink 5.625% 5.62 01 Apr 2020$3.72M1.76%
    Netflix 5.375% 5.38 01 Feb 2021$3.41M1.62%
    Ncr Corp New 4.625% 4.62 15 Feb 2021$3.34M1.59%
    Huntsman Intl 4.875% 4.88 15 Nov 2020$3.21M1.52%
    Gamestop Corp New 144A 6.75% 6.75 15 Mar 2021$3.19M1.51%
    Mgm Resorts 6.75% 6.75 01 Oct 2020$3.09M1.47%
    Lincoln Fin 144A 7.375% 7.38 15 Apr 2021$3.04M1.44%
    Net Other Assets$2.99M1.42%
    Allegheny Tech 5.95% 5.95 15 Jan 2021$2.99M1.42%
    Credit Quality

    As of 12/31/2018 reported by Fund Sponsor

    Maturity Breakdown

    As of 12/31/2018 reported by Fund Sponsor

    Country Allocation

    As of 12/31/2018 reported by Fund Sponsor

    Country% Portfolio
    USA 78.68%
    Other Countries 12.69%
    Canada 3.83%
    Bermuda 1.88%
    Brazil 1.46%
    Netherlands 1.46%

    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.

    485923-INV-AN-5/19

    Powered by Morningstar

    View Morningstar Notice and Disclaimer