Nuveen Preferred and Income Fund:JPT

    Manage Alerts


    As of 3/24/2023

    52 Wk Avg$18.95$20.40-7.13%
    52 Wk High$22.19$22.74-0.30%
    52 Wk Low$15.51$16.94-12.25%
    Regular Distribution TypeIncome Only
    Distribution Rate8.19%
    Distribution Amount$0.1070
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund seeks to provide a high level of current income and total return. The Fund invests at least 80% of its managed assets in preferred and other income-producing securities. The Fund may invest without limit in below investment grade securities. Up to 40% of its managed assets may be in securities issued by companies located anywhere in the world. The Fund does not invest in contingent capital securities (“CoCos”). The Fund has a 5-year term and intends to liquidate and distribute its then-current net assets to shareholders on or before 1 Mar 2022.

    Capital Structure

    As of 3/24/2023

    Total Investment Exposure:$120.331M
    Total Common Assets:$75.931M
    Common Shares Outstanding:4,391,624

    As of 3/24/2023

    Preferred Share Assets:
    Total Debt (USD): $44.400M
    Regulatory Leverage (USD): $44.400M
    Effective Leverage (USD): $44.400M
    Effective Leverage (%): 36.90%
    Annual Expense Ratios

    As of 7/31/2022

      Per Common Share
    Management Fees1.15%
    Other Expenses:0.16%
    Baseline Expense: N/A
    Interest Expense:0.41%
    Total: 1.72%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors, LLC.

    Portfolio Managers
    Douglas M. Baker, Brenda A. Langenfeld

    Category: Fixed Income - Taxable-Preferreds
    Ticker: JPT
    NAV Ticker: XJPTX
    Average Daily Volume (shares): 10,104
    Average Daily Volume (USD): $0.191M
    Inception Date: 1/26/2017
    Inception Share Price: $25.00
    Inception NAV: $24.63
    Tender Offer: No
    Term: Yes
    Fiscal Year End: July 31
    Third Party Links & Reports


    As of 3/24/2023

    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 7/31/2022
    Annualized Distribution Rate on NAV:
    As of 3/24/2023
    Total Return on NAV (12 months):
    As of 3/24/2023
    Avg. Portfolio Coupon:
    As of 3/24/2023
    Total % Portfolio Effectively Leveraged:
    As of 3/24/2023

    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 3/27/2023

    PeriodAvg Discount
    6 Month-8.13%
    1 Year-7.13%
    3 Year-2.62%
    5 Year-2.10%

    As of 3/24/2023

    3 Month-0.82
    6 Month-0.71
    1 Year-1.21
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 2/28/2023
    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 2/28/2023
    Category: Morningstar US CEF Preferreds

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 3/24/2023
    Number of Holdings:
    As of 1/31/2023
    Annual Portfolio Turnover:
    As of 7/31/2022
    Average Bond Price:
    As of 1/31/2023
    Asset Allocation

    As of 1/31/2023

    Top Sectors

    As of 1/31/2023

    Corporate (Super Sector)70.63%
    Corporate Bond52.28%
    Preferred Stock17.82%
    Government (Super Sector)0.84%
    Government Related0.84%
    Cash Equivalents0.20%
    Cash Equivalents (Super Sector)0.20%
    Call Exposure

    As of 1/31/2023

    Top Holdings

    As of 1/31/2023

    HoldingValue% Portfolio
    Assured Guaranty Municipal Holdings Inc 6.4%$3.21M2.37%
    Aercap Global Aviation Trust 6.5%$2.54M1.87%
    UBS Group Funding (Switzerland) AG 7%$2.03M1.49%
    JPMorgan Chase & Co DR$2.01M1.48%
    Compeer Financial, ACA 6.75%$1.99M1.47%
    Societe Generale S.A. 7.88%$1.92M1.42%
    Deutsche Bank AG 6%$1.82M1.34%
    Dairy Farmers of America Inc 7.13%$1.71M1.26%
    Farm Credit Bank of Texas Class B$1.50M1.10%
    Assurant Inc. 7%$1.48M1.09%
    Credit Quality

    As of 1/31/2023

    Country Allocation

    As of 1/31/2023

    Country% Portfolio
    United Kingdom - Fixed Income11.66%
    United States - Fixed Income9.04%
    Switzerland - Fixed Income7.10%
    Netherlands - Fixed Income4.29%
    France - Fixed Income4.08%
    Canada - Fixed Income2.78%
    Spain - Fixed Income2.29%
    Germany - Fixed Income2.08%
    Australia - Fixed Income1.21%
    Finland - Fixed Income0.49%
    Chile - Fixed Income0.42%
    Italy - Fixed Income0.40%

    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.