Nuveen Pref & Income Opps Fund:JPC

    Manage Alerts

    Overview

    As of 9/25/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$8.43$8.90-5.28%
    52 Wk Avg$9.10$9.30-2.37%
    52 Wk High$10.77$10.712.46%
    52 Wk Low$4.62$6.22-21.53%
    Regular Distribution TypeIncome Only
    Distribution Rate7.54%
    Distribution Amount$0.0530
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to provide high current income and secondarily, total return, by investing at least 80% of its managed assets in preferred and other income producing securities, including hybrid securities such as contingent capital securities and up to 20% opportunistically in other securities, primarily income-oriented securities such as corporate and taxable municipal debt and common equity. At least 50% is invested in securities that are rated investment grade at the time of purchase.

    Capital Structure

    As of 9/25/2020

    Total Investment Exposure:$1,419.660M
    Total Common Assets:$919.660M
    Common Shares Outstanding:103,332,549
    Leverage

    As of 9/25/2020

    Preferred Share Assets:
    Total Debt (USD): $500.000M
    Regulatory Leverage (USD): $400.000M
    Effective Leverage (USD): $500.000M
    Effective Leverage (%): 35.22%
    Annual Expense Ratios

    As of 7/31/2020

      Per Common Share
    Management Fees1.26%
    Other Expenses:0.05%
    Baseline Expense: N/A
    Interest Expense:1.73%
    Total: 3.04%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors, LLC.

    Portfolio Managers
    Douglas M. Baker, Brenda A. Langenfeld, Susi Budiman, Thomas J. Ray

    Basics
    Category: Fixed Income - Taxable-Preferreds
    Ticker: JPC
    NAV Ticker: XJPCX
    Average Daily Volume (shares): 367,139
    Average Daily Volume (USD): $3.153M
    Inception Date: 3/26/2003
    Inception Share Price: $15.00
    Inception NAV: $14.27
    Tender Offer: No
    Term: No
    Fiscal Year End: July 31
    Third Party Links & Reports

    Distributions

    As of 9/25/2020

    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 1/31/2020
    $0.3319
    Annualized Distribution Rate on NAV:
    As of 9/25/2020
    7.15%
    Total Return on NAV (12 months):
    As of 9/25/2020
    -2.61%
    Avg. Portfolio Coupon:
    As of 9/25/2020
    6.72%
    Total % Portfolio Effectively Leveraged:
    As of 9/25/2020
    35.22%

    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 9/25/2020

    PeriodAvg Discount
    6 Month-2.83%
    1 Year-2.37%
    3 Year-4.10%
    5 Year-4.55%
    Z-Score

    As of 9/25/2020

    PeriodZStat
    3 Month-1.61
    6 Month-1.15
    1 Year-1.17
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/31/2020
    Category: Morningstar US CEF Preferreds

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-11.44%-8.63%-4.23%-3.93%
    201935.25%23.26%34.61%24.84%
    2018-12.68%-8.36%-10.75%-7.07%
    201713.38%13.25%15.74%14.49%
    201616.70%7.97%12.97%6.81%
    20154.30%5.53%7.23%5.58%
    201416.90%13.73%18.73%17.64%
    2013-1.00%3.49%-4.38%2.61%
    201231.51%28.25%20.08%24.89%
    20115.08%-2.26%15.57%6.61%
    201021.49%21.18%21.80%22.34%
    200984.27%68.61%61.55%52.52%
    2008-51.74%-49.48%-46.63%-46.45%
    2007-16.26%-5.67%  
    200629.96%8.77%  
    2005-7.59%1.34%  
    20041.14%10.06%  
    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 8/31/2020
    Category: Morningstar US CEF Preferreds

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 9/25/2020
    6.72%
    Number of Holdings:
    As of 8/31/2020
    239
    Annual Portfolio Turnover:
    As of 7/31/2020
    23.00%
    Average Bond Price:
    As of 8/31/2020
    $107.67
    Asset Allocation

    As of 8/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 8/31/2020 reported by Fund Sponsor

    Sector%Portfolio
    Corporate (Super Sector)104.84%
    Corporate Bond58.40%
    Preferred Stock31.56%
    Convertible14.88%
    Financial Services1.78%
    Cyclical (Super Sector)1.78%
    Utilities0.34%
    Defensive (Super Sector)0.34%
    Derivative (Super Sector)-0.01%
    Future Forward-0.01%
    Call Exposure

    As of 6/30/2020 reported by Fund Sponsor

    Top Holdings

    As of 8/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    JPMorgan Chase & Co Deposit Shs Repr 1/10th Non-Cum Perp Pfd Shs Series -S-$36.76M2.75%
    Bank of America Corporation 6.5%$34.03M2.54%
    Land O'Lakes Inc. 8%$29.24M2.19%
    PNC Financial Services Group Inc 1/100th Non-Cum Perp Pfd Shs Series -O-$23.98M1.79%
    EMERA INCORPORATED 6.75%$23.44M1.75%
    Morgan Stanley Deposit Shs Repr 1/1000th Non-Cum Pfd Shs Series -E-$22.32M1.67%
    Wells Fargo & Company 5.88%$22.00M1.64%
    GMAC Capital Trust I Pfd Secs 2011-15.2.40 Gtd Series 2$19.19M1.43%
    CoBank ACB Perp Pfd Shs Series -F- Restricted$18.70M1.40%
    Morgan Stanley$-31.68M-2.37%
    Credit Quality

    As of 8/31/2020 reported by Fund Sponsor

    Maturity Breakdown

    As of 8/31/2020 reported by Fund Sponsor

    Country Allocation

    As of 8/31/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Fixed Income40.66%
    United States - Equity2.67%
    Switzerland - Fixed Income2.63%
    United Kingdom - Fixed Income2.35%
    Netherlands - Fixed Income0.75%
    France - Fixed Income0.73%
    Canada - Fixed Income0.54%
    Spain - Equity0.54%
    Italy - Fixed Income0.47%
    Germany - Fixed Income0.45%
    Chile - Fixed Income0.32%
    Sweden - Fixed Income0.30%
    Australia - Fixed Income0.25%
    Mexico - Fixed Income0.18%

    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.

    EWB-1014244PR-E1119W