Nuveen Preferred and Income Term Fund Stock News

We review CEF market valuation and performance through the third week of April and highlight recent market action. The CEF market was mostly down as interest rates and credit spreads rose over the wee

Preferreds Opportunity: Assessing The Carnage, What's Been Thrown Out With The Bathwater

Today, I wanted to take a broader look at the preferred closed-end fund space. After struggling for most of the last year due to rapidly-rising interest rates, the latest banking failures sent preferr

Bank failures in the U.S. and elsewhere have caused air pockets in parts of the preferreds market. We take a look at the impact of recent developments on the sector, including the price action in AT1s

Nuveen Preferred & Income Term Fund is a bank preferred equity CEF. The vehicle runs a high leverage ratio of 40% and has been negatively affected by the regional banks crisis.

Mere “common stocks” fell 18% in last year. But these preferred shares are set to do better.

Preferreds closed-end funds continue to hold appeal for income investors due to their relatively high credit quality, modest duration, and high yields. Term CEFs add another attractive feature due to

The Nuveen Preferred and Income Term Fund holds a mixture of Preferreds and bonds with a planned termination on/before 8/31/2024. With a set termination date and a majority of the assets long maturity

We review CEF market valuation and performance through the third week of November and highlight recent market action. The CEF market was fairly flat this week after a volatile few months with Muni sec

We review CEF market valuation and performance through the last week of September and highlight recent market action. September was the worst month for CEFs since March of 2020, with a double-digit dr

We review CEF market valuation and performance through the second week of July and highlight recent market action. The CEF market was fairly flat on the week as stocks and Treasuries moved in opposite

The income space has enjoyed a well-deserved bounce after a terrible June. We take a look at a number of BDCs and CEFs that have lagged the recent rally and may hold an additional margin of safety in

Only funds with yields over 6.5%, coverage higher than 85% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are EHI, JPI and WEA.

Today, we are taking a refreshed look at the preferred closed-end fund space. We see that the entire space has become more expensive, yet at the same time, distribution yields have dropped - this is m