Nuveen Pref & Income Securities:JPS

    Manage Alerts

    Overview

    As of 7/3/2022

     Share
    Price
    NAVPremium/
    Discount
    Current$7.31$7.80-6.28%
    52 Wk Avg$9.28$9.47-2.31%
    52 Wk High$10.07$9.971.33%
    52 Wk Low$6.98$7.80-9.94%
    Regular Distribution TypeIncome Only
    Distribution Rate7.14%
    Distribution Amount$0.0475
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund will invest at least 50% of its Managed Assets in securities rated investment grade (BBB/Baa and above) at the time of investment; The Fund will invest more than 25% of its Managed Assets in the securities of companies principally engaged in financial services; The Fund may invest without limit in U.S. dollar denominated securities of foreign issuers; The Fund, in implementing its hedging strategies, may enter into futures transactions with a notional principal amount that will not exceed 35% of its Managed Assets, and may invest in options on futures the purchase of which will not exceed 0.5% of its Managed Assets in any calendar quarter.

    Capital Structure

    As of 7/3/2022

    Total Investment Exposure:$2,753.223M
    Total Common Assets:$1,604.545M
    Common Shares Outstanding:205,710,932
    Leverage

    As of 7/3/2022

    Preferred Share Assets:
    Total Debt (USD): $1,148.678M
    Regulatory Leverage (USD): $873.300M
    Effective Leverage (USD): $1,148.678M
    Effective Leverage (%): 41.72%
    Annual Expense Ratios

    As of 7/31/2021

      Per Common Share
    Management Fees1.24%
    Other Expenses:0.05%
    Baseline Expense: N/A
    Interest Expense:0.49%
    Total: 1.78%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors, LLC.

    Portfolio Managers
    Mark A. Lieb, L. Phillip Jacoby

    Basics
    Category: Fixed Income - Taxable-Preferreds
    Ticker: JPS
    NAV Ticker: XJPSX
    Average Daily Volume (shares): 531,746
    Average Daily Volume (USD): $4.649M
    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 7/3/2022

    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 1/31/2022
    $0.3006
    Annualized Distribution Rate on NAV:
    As of 7/3/2022
    6.69%
    Total Return on NAV (12 months):
    As of 7/3/2022
    -16.04%
    Avg. Portfolio Coupon:
    As of 7/3/2022
    6.17%
    Total % Portfolio Effectively Leveraged:
    As of 7/3/2022
    41.72%

    For the latest UNII information on this fund, please visit the Nuveen fund resources.

    Pricing Information

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

    As of 7/4/2022

    PeriodAvg Discount
    6 Month-5.13%
    1 Year-2.31%
    3 Year-2.36%
    5 Year-3.33%
    Z-Score

    As of 7/4/2022

    PeriodZStat
    3 Month1.58
    6 Month0.07
    1 Year-0.72
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2022
    Category: Morningstar US CEF Preferreds

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-22.54%-16.74%-19.11%-15.79%
    20216.35%5.94%8.08%8.68%
    20204.15%1.97%4.66%3.39%
    201930.11%23.10%34.61%24.84%
    2018-12.28%-7.71%-10.75%-7.07%
    201718.05%17.15%15.74%14.49%
    201610.59%6.93%12.97%6.81%
    201510.51%4.76%7.23%5.58%
    201418.45%15.15%18.73%17.64%
    2013-7.17%3.28%-4.38%2.61%
    201230.13%26.14%20.08%24.89%
    20117.58%1.76%15.57%6.61%
    201018.39%22.08%21.80%22.34%
    200964.40%61.39%  
    2008-47.14%-47.58%  
    2007-22.23%-14.34%  
    200627.98%7.13%  
    2005-2.01%3.04%  
    2004-0.57%8.05%  
    200316.35%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 6/30/2022
    Category: Morningstar US CEF Preferreds

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 7/3/2022
    6.17%
    Number of Holdings:
    As of 2/28/2022
    251
    Annual Portfolio Turnover:
    As of 7/31/2021
    14.00%
    Average Bond Price:
    As of 2/28/2022
    $105.99
    Asset Allocation

    As of 2/28/2022

    Top Sectors

    As of 2/28/2022

    Sector%Portfolio
    Corporate (Super Sector)99.67%
    Corporate Bond56.90%
    Convertible30.97%
    Preferred Stock11.80%
    Financial Services1.00%
    Cyclical (Super Sector)1.00%
    Defensive (Super Sector)0.08%
    Utilities0.08%
    Securitized (Super Sector)0.02%
    Asset Backed0.02%
    Call Exposure

    As of 4/30/2022

    State Allocation

    As of 2/28/2022

    State% Portfolio
    New York0.00%
    Top Holdings

    As of 2/28/2022

    HoldingValue% Portfolio
    Societe Generale S.A. 8%$79.68M2.69%
    Barclays PLC 7.75%$66.16M2.23%
    Credit Suisse AG 7.5%$60.76M2.05%
    JPMorgan Chase & Co DR$58.31M1.97%
    Lloyds Banking Group PLC 7.5%$51.15M1.72%
    MetLife Inc. 9.25%$49.89M1.68%
    Truist Financial Corporation 4.95%$48.35M1.63%
    Nationwide Financial Services, Inc. 6.75%$47.67M1.61%
    HSBC Capital Funding Dollar I L.P. 10.176%$45.68M1.54%
    BNP Paribas 7.375%$42.06M1.42%
    Credit Quality

    As of 2/28/2022

    Maturity Breakdown

    As of 2/28/2022

    Country Allocation

    As of 2/28/2022

    Country% Portfolio
    United States - Fixed Income36.47%
    United Kingdom - Fixed Income3.44%
    France - Fixed Income2.99%
    Switzerland - Fixed Income2.88%
    Sweden - Fixed Income2.85%
    Norway - Fixed Income1.35%
    Japan - Fixed Income1.15%
    United Kingdom - Equity1.00%
    Australia - Fixed Income0.97%
    Germany - Fixed Income0.60%
    Italy - Fixed Income0.34%
    United States - Equity0.08%
    Canada - Fixed Income0.01%
    Ireland - Fixed Income0.01%
    Netherlands - Fixed Income0.01%
    Others - Fixed Income0.01%
    China - Fixed Income0.01%
    Canada - Equity0.00%
    Mexico - Fixed Income0.00%
    Belgium - Fixed Income0.00%
    India - Fixed Income0.00%
    Indonesia - Fixed Income0.00%
    Spain - Fixed Income0.00%
    Brazil - Fixed Income0.00%
    Peru - Fixed Income0.00%
    Colombia - Fixed Income0.00%
    Hong Kong - Fixed Income0.00%
    Philippines - Fixed Income0.00%
    Thailand - Fixed Income0.00%
    Pakistan - Fixed Income0.00%
    Vietnam - Fixed Income0.00%
    Singapore - Fixed Income0.00%
    Finland - Fixed Income0.00%
    Israel - Fixed Income0.00%
    Poland - 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.

    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-2036301PR-E0222X