Nuveen Preferred and Income Term Fund Stock News

The highly unusual market environment, marked by extreme volatility and a sharp drop in short-term rates, has rewritten the distribution coverage rule book for

23 out of 23 CEF sectors positive on price and 23 out of 23 sectors positive on NAV this week. CEFs stage massive relief rally. GER/GMZ announce reverse share s

The following Nuveen closed-end funds (each, a "Fund" and collectively, the "Funds") announced today that each Fund’s 2020 Annual Meeting of Shareholders (the "Meeting") has been postponed and that

Month-end brings a number of distribution updates in the preferreds CEF sector. Nuveen makes distribution cuts in three of their four funds - in exactly the ord

Sharp drawdowns have pressured CEF asset coverage figures with a potential knock-on impact on fund distributions. We estimate asset coverage in the preferred CE

We take a look at the performance of term funds in the current drawdown relative to their sectors. We find that by and large term funds have outperformed their

On Thursday morning, 1178 companies hit new 52-week lows. Facts of Interest: The largest company by market cap to set a new 52-week low was Nuveen Preferred & Income...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Slim pickings in the top DxYxZ list, but DxY reveals some

Discounts were taking the escalator up for months reaching what has been historically tight levels. But as usual, panic selling sends those discounts down the e

During the month of February, JPI's net asset value - its portfolio of fixed income securities - dropped in value by about 4%. With a dividend yield today pushi

CEF discounts continue their retracement this week, bouncing off the wides registered last Friday. Although this sharp reversal is surely disappointing to CEF i

After February’s turmoil, many closed-end funds are on sale again and offer dividend yields of 7% or more.