IPO Year: 2017
Exchange: NYSE
Date | Price Target | Rating | Analyst |
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3 - Nuveen Preferred & Income Fund (0001679033) (Issuer)
3 - Nuveen Preferred & Income Fund (0001679033) (Issuer)
3 - Nuveen Preferred & Income Fund (0001679033) (Issuer)
3 - Nuveen Preferred & Income 2022 Term Fund (0001679033) (Issuer)
3 - Nuveen Preferred & Income 2022 Term Fund (0001679033) (Issuer)
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
Nuveen Preferred and Income 2022 Term Fund (NYSE:JPT) announced the final results of a tender offer as well as an increase in its regular monthly distribution. 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 determined on the date the tender offer expired. The tender offer expired on February 17, 2022 at 5:00 p.m. Eastern time. In the tender offer, 2,454,617 common shares were tendered, representing approximately 36% of the fund's common shares outstanding. Properly tendered shares will be repurchased as promptly as practic
Nuveen Preferred and Income 2022 Term Fund (NYSE:JPT) 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 determined on the date the tender offer expired. The tender offer expired on February 17, 2022 at 5:00 p.m. Eastern time. Based on preliminary information, 2,419,994 common shares were tendered, representing approximately 35% of the fund's common shares outstanding. These figures do not include shares tendered through notice of guaranteed delivery. The completion of the
Nuveen Preferred and Income 2022 Term Fund (NYSE:JPT) today commenced a tender offer. As previously announced, the fund will conduct a tender offer allowing shareholders to offer up to 100% of their shares for repurchase for cash at a price per share equal to 100% of the net asset value per share determined on the date the tender offer expires. The tender offer will expire on February 17, 2022 at 5:00 p.m. Eastern time, or on such later date to which the offer is extended. The completion of the fund's tender offer is subject to certain conditions, including that the aggregate net assets of the fund must equal or exceed $70 million as of the expiration date of the tender offer, taking into
Shareholders of Nuveen Preferred and Income 2022 Term Fund (NYSE:JPT) have approved a proposal to restructure the fund. The restructuring will allow shareholders the opportunity to maintain their investment in the fund and its exposure to a leveraged strategy focused on preferred and other income producing securities in lieu of the scheduled termination of the fund. Prior to the effectiveness of the restructuring, the fund will conduct a tender offer allowing shareholders to offer up to 100% of their shares for repurchase at net asset value. The fund expects to announce the tender offer shortly. If the fund's net assets taking into account shares properly tendered in the tender offer would
The Board of Trustees of Nuveen Preferred and Income 2022 Term Fund (NYSE:JPT) has approved a proposal that will allow shareholders the opportunity to maintain their investment in the fund and its exposure to preferred securities. In light of the upcoming scheduled termination of the fund on or before March 1, 2022, the proposal asks shareholders to vote to amend the fund's declaration of trust to eliminate the 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 shares properly tendered in the tender offer would be $70 million or greater, the
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
Nuveen Preferred and Income 2022 Term Fund (NYSE:JPT) announced the final results of a tender offer as well as an increase in its regular monthly distribution. 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 determined on the date the tender offer expired. The tender offer expired on February 17, 2022 at 5:00 p.m. Eastern time. In the tender offer, 2,454,617 common shares were tendered, representing approximately 36% of the fund's common shares outstanding. Properly tendered shares will be repurchased as promptly as practic
Nuveen Preferred and Income 2022 Term Fund (NYSE:JPT) today commenced a tender offer. As previously announced, the fund will conduct a tender offer allowing shareholders to offer up to 100% of their shares for repurchase for cash at a price per share equal to 100% of the net asset value per share determined on the date the tender offer expires. The tender offer will expire on February 17, 2022 at 5:00 p.m. Eastern time, or on such later date to which the offer is extended. The completion of the fund's tender offer is subject to certain conditions, including that the aggregate net assets of the fund must equal or exceed $70 million as of the expiration date of the tender offer, taking into
Shareholders of Nuveen Preferred and Income 2022 Term Fund (NYSE:JPT) have approved a proposal to restructure the fund. The restructuring will allow shareholders the opportunity to maintain their investment in the fund and its exposure to a leveraged strategy focused on preferred and other income producing securities in lieu of the scheduled termination of the fund. Prior to the effectiveness of the restructuring, the fund will conduct a tender offer allowing shareholders to offer up to 100% of their shares for repurchase at net asset value. The fund expects to announce the tender offer shortly. If the fund's net assets taking into account shares properly tendered in the tender offer would
NPORT-P - Nuveen Preferred & Income Fund (0001679033) (Filer)
25-NSE - Nuveen Preferred & Income Fund (0001679033) (Subject)
8-K - Nuveen Preferred & Income Fund (0001679033) (Filer)
N-CEN - Nuveen Preferred & Income Fund (0001679033) (Filer)
N-CSR - Nuveen Preferred & Income Fund (0001679033) (Filer)
NPORT-P - Nuveen Preferred & Income Fund (0001679033) (Filer)
425 - Nuveen Preferred & Income Fund (0001679033) (Subject)
425 - Nuveen Preferred & Income Fund (0001679033) (Subject)
N-PX - Nuveen Preferred & Income Fund (0001679033) (Filer)
425 - Nuveen Preferred & Income Fund (0001679033) (Subject)
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 payable d
On Thursday, 498 companies reached new 52-week lows. Things to Consider About Today's 52-Week Lows: Pfizer (NYSE:PFE) was the biggest company in terms of market cap to set a new 52-week low. The smallest company by market cap to set a new 52-week low was NovaBay Pharmaceuticals (AMEX:NBY). Mullen Automotive (NASDAQ:MULN)'s stock traded down the lowest, falling 2028.33% to reach a new 52-week low. Innoviz Technologies (NASDAQ:INVZ) shares were the most resilient, as shares rose 0.0%, rebounding from its new 52-week low. The following stocks created new 52-week lows on Thursday: Pfizer (NYSE:PFE) stock drifted down 0.18% on Thursday morning to hit a new 52-week low of $38.02. C
On Friday, 469 companies hit new 52-week lows. Noteworthy Points From Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Bank of America (NYSE:BAC). TC BioPharm (Holdings) (NASDAQ:TCBP) was the smallest firm by market cap to set a new 52-week low. Silvergate Capital (NYSE:SI) made the largest move down on the session, with shares plummeting 74.5% to reach its 52-week low. BlackRock TCP Cap (NASDAQ:TCPC) saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low. On Friday, the following stocks hit new 52-week lows: Bank of America (NYSE:BAC) stock hit a yearly low of $26.32. The stock was down 2.21% fo
On Tuesday, 74 companies achieved new lows for the year. Points of Interest From Today's 52-Week Lows: First Majestic Silver (NYSE:AG) was the biggest company in terms of market cap to set a new 52-week low. The smallest company by market cap to hit a new 52-week low was Dunxin Financial Hldgs (AMEX:DXF). Qutoutiao (NASDAQ:QTT) made the largest move down on the session, with shares plummeting 57.39% to reach its 52-week low. Angel Oak Financial (NYSE:FINS)'s stock rebounded the most, as it traded up 0.0% after dropping to a new 52-week low. The stocks that set new 52-week lows on Tuesday: First Majestic Silver (NYSE:AG) stock dropped to a yearly low on Tuesday of $5.56. Shares
VANCOUVER, British Columbia, (BUSINESS WIRE) — NFT Technologies Inc. ((NEO: NFT, Frankfurt: 8LO, OTCQB:NFTFF) ("NFT Tech"),a leading technology company partnering with top-tier brands to accelerate their entry into the world of web3 through innovative technologies and unparalleled creativity, is pleased to announce a partnership between web3 studio Run It Wild and The Sandbox, a leading decentralized gaming virtual world, a subsidiary of Animoca Brands. The Sandbox is a combination of virtual real estate and an amusement park that fully embraces the concept of the metaverse, a shared digital space where different worlds and characters can interact. NFT Tech joins over 160 existing partnersh
On Thursday, 1076 companies hit new 52-week lows. Areas of Significance In Today's 52-Week Lows: The company with the largest market cap to set a new 52-week low was Microsoft (NASDAQ:MSFT). The smallest company by market cap to hit a new 52-week low was First Wave BioPharma (NASDAQ:FWBI). TOP Ships (NASDAQ:TOPS) was the biggest loser, trading down 25.64% to reach its 52-week low. On Thursday, the following stocks set new 52-week lows: Microsoft (NASDAQ:MSFT) shares made a new 52-week low of $237.57 on Thursday. The stock was up 0.26% for the day. Alphabet (NASDAQ:GOOG) stock drifted up 0.17% on Thursday morning to hit a new 52-week low of $99.41. Alphabet (NASDAQ:GOOGL) shar
On Friday, 1043 companies hit new 52-week lows. Interesting Points From Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Amazon.com (NASDAQ:AMZN). The smallest company by market cap to set a new 52-week low was Digital Brands Group (NASDAQ:DBGI). Digital Brands Group (NASDAQ:DBGI)'s stock traded down the lowest, falling 54.61% to reach a new 52-week low. ironSource (NYSE:IS)'s stock bounced back the most, actually rising 0.0% after reaching its new 52-week low. Stocks dropping to new 52-week lows on Friday: Amazon.com (NASDAQ:AMZN) shares reached a new 52-week low of $2,263.66 on Friday morning, moving up 0.77%. Home Depot (NYSE:HD) stock h
Tuesday's session saw 729 companies set new 52-week lows. Areas of Interest About Today's 52-Week Lows: Amazon.com (NASDAQ:AMZN) was the largest firm on a market cap basis to set a new 52-week low. The smallest company by market cap to hit a new 52-week low was Reshape Lifesciences (NASDAQ:RSLS). Alector (NASDAQ:ALEC) was the biggest loser of the morning session, as it dropped 22.29% to reach its new 52-week low. Warner Music Group (NASDAQ:WMG) was the most promising stock of the group, with shares actually trading up 0.0% to bounce back after reaching its new 52-week low. Stocks that set new 52-week lows on Tuesday are as follows: Meta Platforms (NASDAQ:FB) shares fell to
On Monday, 524 stocks hit new 52-week lows. Areas of Interest About Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Taiwan Semiconductor (NYSE:TSM). ThermoGenesis Holdings (NASDAQ:THMO) was the smallest, in terms of market cap, to set a new 52-week low. Incannex Healthcare (NASDAQ:IXHL)'s stock made the biggest move downwards, diving 18.56% to reach a new 52-week low. On Monday, the following stocks broke to new 52-week lows: Taiwan Semiconductor (NYSE:TSM) shares set a new yearly low of $100.78 this morning. The stock was down 3.51% on the session. JPMorgan Chase (NYSE:JPM) stock dropped to a yearly low on Monday of $129.24. Shares trad