Nuveen Preferred Securities Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Spectrum Asset Management, Inc. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade preferred debt securities, convertible debt securities, and convertible preferred securities that are rated BBB/Baa or better by S&P, Moody's, or Fitch. It was formerly known as Nuveen Quality Preferred Income Fund 2. Nuveen Preferred Securities Income Fund was formed on June 24, 2002 and is domiciled in the United States.
IPO Year: 2002
Exchange: NYSE
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The mergers of Nuveen Preferred and Income Fund (NYSE:JPT) and Nuveen Preferred & Income Securities Fund (NYSE:JPS) into Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) were successfully completed prior to the opening of the New York Stock Exchange on November 6, 2023. The fund's newly consolidated portfolio contains nearly $4 billion in assets under management—the largest among listed preferred securities closed-end funds. Through the mergers, a wholly-owned subsidiary of JPC acquired substantially all of the assets and liabilities of JPT and JPS in tax-free transactions, and common shares of JPT and JPS were converted to newly-issued common shares of JPC in an aggregate amount e
Nuveen today announced that three Nuveen Closed-End Funds have declared pre-merger distributions. The specific distribution dates and amounts are detailed below. As previously announced, common and preferred shareholders, as applicable, of Nuveen Preferred and Income Fund (NYSE:JPT), Nuveen Preferred & Income Securities Fund (NYSE:JPS), and Nuveen Preferred & Income Opportunities Fund (NYSE:JPC), have approved a proposal to merge the funds. The mergers will combine each of JPT and JPS into JPC. The pre-merger distribution for each fund being acquired is intended to fully distribute the acquired fund's accumulated undistributed net investment income (UNII) prior to the closing of the mergers
Common and preferred shareholders, as applicable, of Nuveen Preferred and Income Fund (NYSE:JPT), Nuveen Preferred & Income Securities Fund (NYSE:JPS), and Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) have approved a proposal to merge the funds. The mergers will combine each of JPT and JPS into JPC. Subject to the satisfaction of certain customary closing conditions, the mergers are expected to become effective before the market opens on November 6, 2023. The monthly distributions typically declared the first business day of the month for JPT, JPS, and JPC will be replaced by pre-merger distributions declared on October 24, 2023 with a record date of November 3, 2023. The payab
The Boards of Trustees of Nuveen Preferred and Income Fund (NYSE:JPT), Nuveen Preferred & Income Securities Fund (NYSE:JPS), and Nuveen Preferred & Income Opportunities Fund (NYSE:JPC) have approved a proposal to merge the funds. The proposed mergers, if approved by shareholders, would combine each of JPT and JPS into JPC. The mergers are intended to create a larger fund with lower net operating expenses, enhanced earnings potential, and increased trading volume on the exchange for common shares. The proposed mergers of the funds are subject to certain conditions, including necessary approval by the funds' shareholders. Detailed information on the proposed mergers will be contained in pro
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3 - Nuveen Preferred & Income Securities Fund (0001176433) (Issuer)
3 - Nuveen Preferred & Income Securities Fund (0001176433) (Issuer)
3 - Nuveen Preferred & Income Securities Fund (0001176433) (Issuer)
3 - Nuveen Preferred & Income Securities Fund (0001176433) (Issuer)
3 - Nuveen Preferred & Income Securities Fund (0001176433) (Issuer)
NPORT-P - Nuveen Preferred & Income Securities Fund (0001176433) (Filer)
25-NSE - Nuveen Preferred & Income Securities Fund (0001176433) (Subject)
8-K - Nuveen Preferred & Income Securities Fund (0001176433) (Filer)
N-CEN - Nuveen Preferred & Income Securities Fund (0001176433) (Filer)
N-CSR - Nuveen Preferred & Income Securities Fund (0001176433) (Filer)
NPORT-P - Nuveen Preferred & Income Securities Fund (0001176433) (Filer)
N-PX - Nuveen Preferred & Income Securities Fund (0001176433) (Filer)
DEF 14A - Nuveen Preferred & Income Securities Fund (0001176433) (Filer)
NPORT-P - Nuveen Preferred & Income Securities Fund (0001176433) (Filer)
PRE 14A - Nuveen Preferred & Income Securities Fund (0001176433) (Filer)
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Nuveen today announced that three Nuveen Closed-End Funds have declared pre-merger distributions. The specific distribution dates and amounts are detailed below. As previously announced, common and preferred shareholders, as applicable, of Nuveen Preferred and Income Fund (NYSE:JPT), Nuveen Preferred & Income Securities Fund (NYSE:JPS), and Nuveen Preferred & Income Opportunities Fund (NYSE:JPC), have approved a proposal to merge the funds. The mergers will combine each of JPT and JPS into JPC. The pre-merger distribution for each fund being acquired is intended to fully distribute the acquired fund's accumulated undistributed net investment income (UNII) prior to the closing of the mergers