Nuveen Pref and Inc 2022 Term:JPT

    Manage Alerts


    As of 8/20/2019

    52 Wk Avg$22.89$23.43-2.29%
    52 Wk High$25.45$24.305.04%
    52 Wk Low$20.60$21.85-6.34%
    Regular Distribution TypeIncome Only
    Distribution Rate5.90%
    Distribution Amount$0.1185
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective


    Capital Structure

    As of 8/20/2019

    Total Net Assets:$207.754M
    Total Common Assets:$165.254M
    Common Shares Outstanding:6,831,499

    As of 6/28/2019

    Preferred Share Assets:
    Type of Preferred:
    Total Debt (USD): $43.000M
    Structural Leverage (USD): $43.000M
    Structural Leverage (%): 20.62%
    Effective Leverage (USD): $43.000M
    Effective Leverage (%): 20.62%
    Annual Expense Ratios

    As of 7/31/2019

      Per Common Share
    Management Fees1.08%
    Other Expenses:0.10%
    Baseline Expense: 1.18%
    Interest Expense:0.60%
    Total: 1.77%
    Fund Management

    Fund Sponsor
    Nuveen Fund Advisors

    Portfolio Managers
    Douglas Baker (26 Jan 2017) / Brenda Langenfeld (26 Jan 2017)Douglas Baker (26 Jan 2017) / Brenda Langenfeld (26 Jan 2017)

    Category: Taxable Income-Preferreds
    Ticker: JPT
    NAV Ticker: XJPTX
    Average Daily Volume (shares): 19,000
    Average Daily Volume (USD): $0.435M
    Inception Date: 1/26/2017
    Inception Share Price: $25.00
    Inception NAV:
    Tender Offer: No
    Term: Yes
    Fiscal Year End: July 31
    Third Party Links & Reports


    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.

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

    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-0.51%
    1 Year-2.29%
    3 Year 
    5 Year 

    As of 8/21/2019

    3 Month-0.30
    6 Month0.10
    1 Year0.80
    Pricing History
    Date NAV Premium / Discount


    Calendar Year Total Returns

    As of 8/20/2019
    Category: Preferreds Leveraged

    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 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
    Number of Holdings:
    As of 6/30/2019
    Annual Portfolio Turnover:
    As of 7/31/2019
    Average Priced To Date:
    As of 3/29/2019
    Asset Allocation

    As of 1/31/2017 reported by Fund Sponsor

    Top Sectors

    As of 7/31/2018 reported by Fund Sponsor

    Banks 33.35%
    Insurance 20.41%
    Capital Markets 10.56%
    Food Products 7.28%
    Diversified Financial Ser5.16%
    US Agency 3.83%
    Industrial Conglomerates 3.70%
    Electric Utilities 3.17%
    Metals & Mining 2.19%
    Automobiles 2.09%
    Call Exposure

    As of 4/30/2019 reported by Fund Sponsor

    Top Holdings

    As of 12/31/2018 reported by Fund Sponsor

    HoldingValue% Portfolio
    Assured Guarnty Muni Hldgs 144A FRN 6.40 15 Dec 2066$7.12M3.70%
    Lloyds Tsb Bk 144A FRN 12.00$5.67M2.94%
    Farm Cr Bk Tex Pfd$5.55M2.88%
    Qbe Ins Grp 144A FRN 7.50 24 Nov 2043$5.34M2.78%
    Emera FRN 6.75 15 Jun 2076$5.01M2.60%
    General Elec FRN 5.00$4.79M2.49%
    Morgan Stanley Pfd 6.88 31 Dec 2049$4.71M2.45%
    Bk Amer FRN 6.50$4.25M2.21%
    Jpmorgan Chase FRN 6.75 29 Jan 2049$4.10M2.13%
    Assurant FRN 7.00 27 Mar 2048$4.08M2.12%
    Axa Sa 8.6% 8.60 15 Dec 2030$3.96M2.06%
    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 76.10%
    UK 5.23%
    Australia 4.88%
    France 3.12%
    Canada 2.34%
    Bermuda 2.18%
    Ireland 1.80%
    Germany 1.58%
    Netherlands 1.51%
    Japan 1.26%

    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.