Nuveen Pref & Inc Securities:JPS

    Manage Alerts

    Overview

    As of 8/20/2019

     Share
    Price    		NAVPremium/
    Discount
    Current$9.64$9.71-0.72%
    52 Wk Avg$8.93$9.49-5.92%
    52 Wk High$9.81$9.870.21%
    52 Wk Low$7.46$8.86-16.55%
    Regular Distribution Type†Income Only
    Distribution Rate6.97%
    Distribution Amount$0.0560
    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 8/20/2019

    Total Net Assets:$3,090.334M
    Total Common Assets:$1,977.034M
    Common Shares Outstanding:203,817,868
    Leverage

    As of 6/28/2019

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $853.000M
    Structural Leverage (USD): $853.000M
    Structural Leverage (%): 30.06%
    Effective Leverage (USD): $1,113.000M
    Effective Leverage (%): 35.93%
    Annual Expense Ratios

    As of 7/31/2019

      Per Common Share
    Management Fees1.20%
    Other Expenses:0.06%
    Baseline Expense: 1.26%
    Interest Expense:1.22%
    Total: 2.48%
    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): 625,000
    Average Daily Volume (USD): $5.461M
    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 8/20/2019

    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 7/31/2019    		 $0.0560
    Annualized Distribution Rate on NAV:
    As of 8/20/2019    		6.92%
    Total Return on NAV (12 months):
    As of 8/20/2019    		8.01%
    Avg. UNII Per Share:
    As of 7/31/2019    		 $0.0040
    Avg. Portfolio Coupon:
    As of 8/20/2019    		 6.90%
    Total % Portfolio Effectively Leveraged:
    As of 8/20/2019     		35.93%

    Pricing Information

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

    As of 8/20/2019

    PeriodAvg Discount
    6 Month-2.94%
    1 Year-5.92%
    3 Year-4.16%
    5 Year-4.91%
    Z-Score

    As of 8/21/2019

    PeriodZStat
    3 Month1.10
    6 Month1.70
    1 Year1.40
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/20/2019
    Category: Preferreds Leveraged

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD22.27%14.48%25.60%16.37%
    2018-12.28%-7.71%-11.76%-7.69%
    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%  
    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 8/20/2019
    Category: Preferreds Leveraged

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 8/20/2019    		6.90%
    Number of Holdings:
    As of 6/30/2019    		214
    Annual Portfolio Turnover:
    As of 7/31/2019    		13.00%
    Average Priced To Date:
    As of 3/29/2019    		2120
    Asset Allocation

    As of 1/31/2017 reported by Fund Sponsor

    Top Sectors

    As of 7/31/2018 reported by Fund Sponsor

    Sector%Portfolio
    DiversBanks 43.27%
    Insurance 17.75%
    Capital Markets 11.37%
    Diversified Financial Ser5.45%
    Regl Banks 5.14%
    Electric Utilities 2.95%
    Wireless Telecommunicatio2.41%
    Cash and Equivalents 2.21%
    OtheDivFinlSvcs 1.87%
    InvestBank 1.34%
    Call Exposure

    As of 4/30/2019 reported by Fund Sponsor

    Top Holdings

    As of 12/31/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    Net Other Assets$236.25M7.98%
    Cash Equivalent (State Street Repo)$83.29M2.81%
    Societe Generale 144A FRN 8.00$73.57M2.49%
    Lloyds Bkg Grp FRN$70.84M2.39%
    Royal Bk Of Scotland Cv FRN$69.19M2.34%
    Hsbc Hldgs Cv FRN 6.88 29 Dec 2049$68.35M2.31%
    Centaur Fdg Pfd 144A$61.98M2.09%
    Bnp Paribas 144A FRN 7.62$59.85M2.02%
    Credit Suisse Intl 144A FRN 7.50$58.96M1.99%
    Pnc Finl Svcs Grp Pfd 6.12 31 Dec 2049$55.72M1.88%
    Jpmorgan Chase FRN 6.75 29 Jan 2049$55.80M1.88%
    Credit Quality

    As of 4/30/2019 reported by Fund Sponsor

    Maturity Breakdown

    As of 3/29/2019 reported by Fund Sponsor

    Country Allocation

    As of 3/29/2019 reported by Fund Sponsor

    Country% Portfolio
    USA 40.05%
    UK 22.15%
    France 12.01%
    Switzerland 8.24%
    Netherlands 2.69%
    Canada 2.62%
    Australia 2.45%
    Finland 1.86%
    Bermuda 1.55%
    Sweden 1.39%
    Germany 1.19%
    Norway 1.10%
    Japan 0.80%
    Spain 0.54%
    Italy 0.52%
    Ireland 0.44%
    Denmark 0.41%

    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-854124PR-E

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