Nuveen Preferred and Income Term Fund is a close ended balanced mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests into public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies that are operating in financial services sectors such as bank, insurance, REITs, and utility companies. It primarily invests in preferred securities and other income producing securities including debt securities, hybrid securities, and convertible securities. At least 60% of the fund's assets are rated investment grade i.e. BBB/Baa or better by one of the nationally recognized statistical rating organizations. It employs fundamental and quantitative analysis, with focus a on bottom-up fundamental credit research to create its portfolio. The fund benchmarks the performance of its portfolio against the Bank of America/Merrill Lynch Preferred Stock Fixed Rate Index. Nuveen Preferred and Income Term Fund was founded on July 26, 2012 and is domiciled in the United States.
IPO Year: 2012
Exchange: NYSE
The Boards of Trustees of Nuveen Preferred Securities & Income Opportunities Fund (NYSE:JPI) and Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) have approved a proposal to merge the funds. The proposed merger, if approved by shareholders, would combine JPI into JPC. The merger is intended to create a larger fund with lower net operating expenses and increased trading volume on the exchange for common shares. The proposed merger of the funds is subject to certain customary closing conditions, including necessary shareholder approvals. Detailed information on the proposed merger will be contained in proxy materials expected to be filed in the coming weeks. Nuveen is a leading spons
Nuveen Preferred and Income Term Fund (NYSE:JPI) announced the final results of a tender offer. As previously announced, the fund conducted a tender offer allowing shareholders to offer up to 100% of their common shares for repurchase for cash at a price per share equal to 100% of the net asset value (NAV) per share as of the close of ordinary trading on the New York Stock Exchange on the expiration date of the tender offer. The tender offer expired on August 14, 2024 at 5:00 p.m. Eastern time. In the tender offer, 8,672,542 common shares were tendered, representing approximately 38% of the fund's common shares outstanding. Properly tendered shares will be repurchased as promptly as pra
Nuveen Preferred and Income Term Fund (NYSE:JPI) announced the preliminary results of a tender offer. As previously announced, the fund conducted a tender offer allowing shareholders to offer up to 100% of their common shares for repurchase for cash at a price per share equal to 100% of the net asset value per share as of the close of ordinary trading on the New York Stock Exchange on the expiration date of the tender offer. The tender offer expired on August 14, 2024 at 5:00 p.m. Eastern time. Based on preliminary information, 8,511,627 common shares were tendered, representing approximately 37% of the fund's common shares outstanding. These figures do not include shares tendered throu
Shareholders of Nuveen Preferred and Income Term Fund (NYSE:JPI) have approved a proposal to amend the fund's declaration of trust to eliminate the fund's term structure, subject to the completion of a tender offer. The amendment will allow shareholders the opportunity to maintain their investment in JPI and its leveraged exposure to preferred and other income producing securities in lieu of the fund's scheduled termination. JPI today commenced its tender offer, which will allow shareholders to offer up to 100% of their common shares for repurchase for cash at a price per share equal to 100% of the net asset value per share as of the close of ordinary trading on the New York Stock Exchang
The Board of Trustees of Nuveen Preferred and Income Term Fund (NYSE:JPI) has approved a proposal that will allow shareholders of the fund the opportunity to maintain their investment in the fund and its leveraged exposure to preferred and other income producing securities. In light of the upcoming scheduled termination of JPI on August 31, 2024, the proposal asks shareholders to vote to amend the fund's declaration of trust to eliminate the fund's term structure. If the amendment is approved by shareholders, the fund will conduct a tender offer for 100% of its outstanding shares at net asset value. If the fund's common assets taking into account common shares properly tendered in the ten
Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under "Monthly & Quarterly Distributions" for The Nuveen Preferred & Income Opportunities Fund (NYSE:JPC), Nuveen Preferred and Income Term Fund (NYSE:JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE:NPFD), Nuveen Taxable Municipal Income Fund (NYSE:NBB), Nuveen Real Asset Income and Growth Fund (NYSE:JRI), Nuveen Dynamic Municipal Opportunities Fund (NYSE:NDMO), Nuveen Core Plus Impact Fund (NYSE:NPCT) and Nuveen Multi-Asset Income Fund (NYSE:NMAI).
3 - Nuveen Preferred Securities & Income Opportunities Fund (0001547994) (Issuer)
3 - Nuveen Preferred & Income Term Fund (0001547994) (Issuer)
3 - Nuveen Preferred & Income Term Fund (0001547994) (Issuer)
3 - Nuveen Preferred & Income Term Fund (0001547994) (Issuer)
3 - Nuveen Preferred & Income Term Fund (0001547994) (Issuer)
3 - Nuveen Preferred & Income Term Fund (0001547994) (Issuer)
3 - Nuveen Preferred & Income Term Fund (0001547994) (Issuer)
4 - Nuveen Preferred & Income Term Fund (0001547994) (Issuer)
3 - Nuveen Preferred & Income Term Fund (0001547994) (Issuer)
3 - Nuveen Preferred & Income Term Fund (0001547994) (Issuer)
Nuveen Preferred and Income Term Fund (NYSE:JPI) announced the final results of a tender offer. As previously announced, the fund conducted a tender offer allowing shareholders to offer up to 100% of their common shares for repurchase for cash at a price per share equal to 100% of the net asset value (NAV) per share as of the close of ordinary trading on the New York Stock Exchange on the expiration date of the tender offer. The tender offer expired on August 14, 2024 at 5:00 p.m. Eastern time. In the tender offer, 8,672,542 common shares were tendered, representing approximately 38% of the fund's common shares outstanding. Properly tendered shares will be repurchased as promptly as pra
Shareholders of Nuveen Preferred and Income Term Fund (NYSE:JPI) have approved a proposal to amend the fund's declaration of trust to eliminate the fund's term structure, subject to the completion of a tender offer. The amendment will allow shareholders the opportunity to maintain their investment in JPI and its leveraged exposure to preferred and other income producing securities in lieu of the fund's scheduled termination. JPI today commenced its tender offer, which will allow shareholders to offer up to 100% of their common shares for repurchase for cash at a price per share equal to 100% of the net asset value per share as of the close of ordinary trading on the New York Stock Exchang
Nuveen Closed-End Funds today announced that the Board of Trustees of the Funds has approved the regular monthly and quarterly distributions. In addition, the Board of Trustees has approved updated distribution polices described below under "Monthly & Quarterly Distributions" for The Nuveen Preferred & Income Opportunities Fund (NYSE:JPC), Nuveen Preferred and Income Term Fund (NYSE:JPI), Nuveen Variable Rate Preferred & Income Fund (NYSE:NPFD), Nuveen Taxable Municipal Income Fund (NYSE:NBB), Nuveen Real Asset Income and Growth Fund (NYSE:JRI), Nuveen Dynamic Municipal Opportunities Fund (NYSE:NDMO), Nuveen Core Plus Impact Fund (NYSE:NPCT) and Nuveen Multi-Asset Income Fund (NYSE:NMAI).
SCHEDULE 13G - Nuveen Preferred Securities & Income Opportunities Fund (0001547994) (Subject)
N-CSRS - Nuveen Preferred Securities & Income Opportunities Fund (0001547994) (Filer)
N-CEN - Nuveen Preferred Securities & Income Opportunities Fund (0001547994) (Filer)
N-CSR - Nuveen Preferred Securities & Income Opportunities Fund (0001547994) (Filer)
N-PX - Nuveen Preferred Securities & Income Opportunities Fund (0001547994) (Filer)
SC TO-I - Nuveen Preferred & Income Term Fund (0001547994) (Subject)
DEFA14A - Nuveen Preferred & Income Term Fund (0001547994) (Filer)
NPORT-P - Nuveen Preferred & Income Term Fund (0001547994) (Filer)
DEFA14A - Nuveen Preferred & Income Term Fund (0001547994) (Filer)
DEFA14A - Nuveen Preferred & Income Term Fund (0001547994) (Filer)