Nuveen Pref & Income Securities:JPS

    Manage Alerts


    As of 10/23/2020

    52 Wk Avg$9.02$9.27-2.88%
    52 Wk High$10.49$10.462.28%
    52 Wk Low$4.55$6.49-27.54%
    Regular Distribution TypeIncome Only
    Distribution Rate6.79%
    Distribution Amount$0.0505
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks primarily to offer high current income consistent with capital preservation. The Fund invests at least 80% of its managed asset in preferred and other income-producing securities, including hybrid securities such as contingent capital securities. At least 50% is invested in securities that are rated investment grade. The Fund uses leverage.

    Capital Structure

    As of 10/23/2020

    Total Investment Exposure:$2,881.510M
    Total Common Assets:$1,893.210M
    Common Shares Outstanding:203,790,147

    As of 10/22/2020

    Preferred Share Assets:
    Total Debt (USD): $988.300M
    Regulatory Leverage (USD): $740.300M
    Effective Leverage (USD): $988.300M
    Effective Leverage (%): 34.30%
    Annual Expense Ratios

    As of 7/31/2020

      Per Common Share
    Management FeesN/A
    Other Expenses:N/A
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 2.44%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors, LLC.

    Portfolio Managers
    Mark A. Lieb, L. Phillip Jacoby

    Category: Fixed Income - Taxable-Preferreds
    Ticker: JPS
    NAV Ticker: XJPSX
    Average Daily Volume (shares): 758,521
    Average Daily Volume (USD): $6.428M
    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


    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 7/31/2020
    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-2.92%
    1 Year-2.88%
    3 Year-4.27%
    5 Year-3.61%

    As of 10/23/2020

    3 Month-1.28
    6 Month-0.79
    1 Year-0.47
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 9/30/2020
    Category: Morningstar US CEF Preferreds

    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 Preferreds

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 10/23/2020
    Number of Holdings:
    As of 8/31/2020
    Annual Portfolio Turnover:
    As of 7/31/2020
    Average Bond Price:
    As of 8/31/2020
    Asset Allocation

    As of 8/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 8/31/2020 reported by Fund Sponsor

    Corporate (Super Sector)106.17%
    Corporate Bond63.42%
    Preferred Stock15.71%
    Financial Services2.44%
    Cyclical (Super Sector)2.44%
    Defensive (Super Sector)0.04%
    Securitized (Super Sector)0.03%
    Asset Backed0.03%
    Call Exposure

    As of 8/31/2020 reported by Fund Sponsor

    State Allocation

    As of 8/31/2020 reported by Fund Sponsor

    State% Portfolio
    New York0.00%
    Top Holdings

    As of 8/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Societe Generale S.A. 8%$83.38M3.13%
    Barclays PLC 7.75%$67.04M2.52%
    Credit Suisse AG 7.5%$64.38M2.42%
    JPMorgan Chase & Co Deposit Shs Repr 1/10th Non-Cum Perp Pfd Shs Series -S-$62.36M2.34%
    BNP Paribas 7.62%$60.44M2.27%
    MetLife Inc. 9.25%$54.87M2.06%
    Lloyds Banking Group plc 7.5%$52.42M1.97%
    Truist Financial Corporation 4.95%$49.93M1.88%
    Nationwide Financial Services, Inc. 6.75%$49.09M1.84%
    Morgan Stanley$-59.48M-2.23%
    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 Income38.74%
    United Kingdom - Fixed Income3.64%
    Sweden - Fixed Income3.26%
    Switzerland - Fixed Income2.50%
    United Kingdom - Equity2.34%
    France - Fixed Income2.25%
    Italy - Fixed Income0.39%
    Netherlands - Fixed Income0.07%
    Norway - Equity0.07%
    United States - Equity0.05%
    France - Equity0.03%
    Ireland - Fixed Income0.01%
    Canada - Fixed Income0.01%
    Others - Fixed Income0.01%
    Japan - Fixed Income0.01%
    Brazil - Fixed Income0.01%
    Mexico - Fixed Income0.00%
    Belgium - Fixed Income0.00%
    Spain - Fixed Income0.00%
    South Africa - Fixed Income0.00%
    Indonesia - Fixed Income0.00%
    Peru - Fixed Income0.00%
    Colombia - Fixed Income0.00%
    China - Fixed Income0.00%
    Norway - Fixed Income0.00%
    Germany - Fixed Income0.00%
    Chile - Fixed Income0.00%
    Finland - Fixed Income0.00%

    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.