(NPFI) Nuveen Preferred Income - Ratings and Ratios

The Nuveen Preferred and Income ETF (NASDAQ: NPFI) is an actively managed exchange-traded fund designed to generate income by focusing on preferred securities and other income-producing instruments. Under normal market conditions, the fund allocates at least 80% of its net assets and borrowings for investment purposes to these securities. This approach aims to provide investors with a steady income stream while maintaining a focus on capital preservation.

As of the latest data, NPFI trades on the NASDAQ exchange with a last price of $25.76 and an average 20-day volume of 2,104 shares. The funds assets under management (AUM) total $60.10 million, indicating a modest but focused portfolio. From a technical standpoint, the funds short-term trend indicators show the SMA 20 at $25.70, slightly above the SMA 50 at $25.52, while the SMA 200 stands at $25.06. The ATR of 0.05 reflects low volatility, suggesting price movements are relatively stable.

3-Month Forecast

Based on the current technical and fundamental data, NPFI is expected to maintain a stable price range over the next three months. The SMA 20 and SMA 50 are converging, indicating a potential sideways trend. With an ATR of 0.05, volatility is likely to remain low, keeping the price within a narrow band of $25.50 to $26.00. The funds focus on preferred securities, which typically offer fixed dividends, aligns with its income-generating strategy, supporting its appeal in a low-yield environment.