Nuveen Pref & Inc Securities:JPS

    Overview

    As of 4/25/2018

     Share
    Price
    NAVPremium/
    Discount
    Current$9.39$9.95-5.63%
    52 Wk Avg$10.02$10.26-2.36%
    52 Wk High$10.46$10.470.87%
    52 Wk Low$9.30$9.95-9.71%
    Regular Distribution TypeIncome Only
    Distribution Rate7.92%
    Distribution Amount$0.0620
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks high current income consistent with capital preservation. Its secondary objective is to enhance portfolio value.

    Capital Structure

    As of 4/25/2018

    Total Net Assets:$3,073.288M
    Total Common Assets:$2,027.988M
    Common Shares Outstanding:203,817,868
    Leverage

    As of 2/28/2018

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $845.000M
    Structural Leverage (USD): $845.000M
    Structural Leverage (%): 28.97%
    Effective Leverage (USD): $1,045.000M
    Effective Leverage (%): 33.52%
    Annual Expense Ratios

    As of 7/31/2017

      Per Common Share
    Management Fees1.19%
    Other Expenses:0.07%
    Baseline Expense: 1.26%
    Interest Expense:0.77%
    Total: 2.03%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors

    Portfolio Managers
    L. Phillip Jacoby IV (24 Sep 2002) / Mark Lieb (24 Sep 2002)

    Basics
    Category: Taxable Income-Preferreds
    Ticker: JPS
    NAV Ticker: XJPSX
    Average Daily Volume (shares): 486,000
    Average Daily Volume (USD): $4.819M
    Inception Date: 9/24/2002
    Inception Share Price: $15.00
    Inception NAV: $14.30
    Tender Offer: No
    Term: No
    Fiscal Year End: July 31
    Third Party Links & Reports

    Distributions

    As of 4/25/2018

    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 2/28/2018
    $0.0595
    Annualized Distribution Rate on NAV:
    As of 4/25/2018
    7.48%
    Total Return on NAV (12 months):
    As of 4/25/2018
    6.78%
    Avg. UNII Per Share:
    As of 2/28/2018
    $0.0224
    Avg. Portfolio Coupon:
    As of 4/25/2018
    6.86%
    Total % Portfolio Effectively Leveraged:
    As of 4/25/2018
    33.52%

    Pricing Information

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

    As of 4/25/2018

    PeriodAvg Discount
    6 Month-3.85%
    1 Year-2.36%
    3 Year-3.74%
    5 Year-5.94%
    Z-Score

    As of 4/26/2018

    PeriodZStat
    3 Month0.20
    6 Month-0.60
    1 Year-1.30
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 4/25/2018
    Category: Preferreds Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-5.55%-1.49%-5.57%-1.61%
    201718.05%17.15%16.32%14.89%
    201610.59%6.93%13.32%7.26%
    201510.51%4.76%7.35%5.73%
    201418.45%15.15%17.96%16.68%
    2013-7.17%3.28%-4.86%2.83%
    201230.15%26.14%19.78%24.20%
    20117.58%1.76%15.66%6.35%
    201018.40%22.08%21.40%22.67%
    200964.45%61.39%64.41%60.01%
    2008-47.14%-47.58%-41.40%-42.78%
    2007-22.23%-14.34%-19.47%-12.68%
    200627.97%7.13%24.80%8.54%
    2005-1.73%3.04%  
    2004-0.85%8.05%  
    200316.36%19.40%  
    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 4/25/2018
    Category: Preferreds Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 4/25/2018
    6.86%
    Number of Holdings:
    As of 2/28/2018
    197
    Annual Portfolio Turnover:
    As of 7/31/2017
    13.00%
    Average Priced To Date:
    As of 2/28/2018
    2118
    Asset Allocation

    As of 3/31/2017 reported by Fund Sponsor

    Top Sectors

    As of 2/28/2018 reported by Fund Sponsor

    Sector%Portfolio
    DiversBanks 37.01%
    Insurance 17.77%
    Capital Markets 10.41%
    Net Other Assets 7.93%
    Regl Banks 5.06%
    Diversified Financial Ser4.66%
    Electric Utilities 2.87%
    OtheDivFinlSvcs 2.81%
    Wireless Telecommunicatio2.35%
    InvestBank 1.39%
    Call Exposure

    As of 2/28/2018 reported by Fund Sponsor

    Top Holdings

    As of 2/28/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    Net Other Assets$247.12M7.93%
    Lloyds Bkg Grp FRN 7.50$80.50M2.58%
    Societe Generale 144A FRN 8.00$79.87M2.56%
    Hsbc Hldgs Cv FRN 6.88$71.16M2.28%
    Royal Bk Of Scotland Cv FRN 7.50$66.87M2.14%
    Centaur Fdg Pfd 144A 9.08 21 Apr 2020$65.31M2.09%
    Pnc Finl Svcs Grp Pfd 6.12$60.01M1.92%
    Jpmorgan Chase FRN 6.75$59.67M1.91%
    Credit Suisse Intl 144A FRN 7.50$56.93M1.83%
    Cash Equivalent (State Street Repo)$55.22M1.77%
    Metlife 144A FRN 9.25 08 Apr 2068$51.05M1.64%
    Credit Quality

    As of 2/28/2018 reported by Fund Sponsor

    Maturity Breakdown

    As of 2/28/2018 reported by Fund Sponsor

    Country Allocation

    As of 2/28/2018 reported by Fund Sponsor

    Country% Portfolio
    USA 44.10%
    UK 19.75%
    France 10.97%
    Switzerland 7.56%
    Sweden 3.60%
    Canada 2.68%
    Bermuda 2.55%
    Spain 2.45%
    Netherlands 2.15%
    Australia 1.57%
    Germany 1.51%
    Norway 1.11%

    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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