Nuveen Preferred and Income Term Cl.. (JPI)
Exchange: USA Stocks • Country: USA • Currency: USD • Type: Fund • ISIN: US67075A1060 • Preferred Stock
The Nuveen Preferred and Income Term Closed Fund (NYSE:JPI) is an investment product traded on the New York Stock Exchange under the symbol JPI. This fund primarily focuses on preferred securities, which are a type of hybrid security that combines features of stocks and bonds. Investors in this fund can benefit from regular income payments and the potential for capital appreciation.
In addition to investing in preferred securities, the Nuveen Preferred and Income Term Closed Fund may also allocate a portion of its assets to other types of fixed-income securities to diversify its portfolio. This can help reduce the overall risk of the fund while potentially enhancing returns by taking advantage of various market conditions.
One key feature of this fund is its term structure, which means it has a predefined lifespan. This can be appealing to investors who want a more predictable investment horizon. When the fund reaches the end of its term, investors may receive a cash distribution based on the fund's net asset value or have the option to reinvest in another investment vehicle.
Overall, the Nuveen Preferred and Income Term Closed Fund offers investors the opportunity to access preferred securities and other fixed-income instruments in a diversified and professionally managed investment vehicle, aiming to generate income and potentially grow their capital over time.
Drawdown (Underwater) Chart
JPI Fund Overview
Market Cap in USD | 487m |
Style | Preferred Stock |
TER | 1.67% |
IPO / Inception | 2012-07-26 |
JPI Fund Ratings
Fundamental | - |
Dividend | 5.19 |
Growth 5y | 1.80 |
Rel. Performance vs Sector | -0.72 |
Analysts | - |
Fair Price Momentum | 17.85 USD |
Fair Price DCF | - |
JPI Dividends
Yield 12m | 6.11% |
Yield on Cost 5y | 7.34% |
Dividends CAGR 5y | -5.48% |
Payout Consistency | 91.5% |
JPI Growth Ratios
Growth 12m | 21.45% |
Growth Correlation 12m | 71% |
Growth Correlation 3m | 81% |
CAGR 5y | 3.72% |
Sharpe Ratio 12m | 1.48 |
Alpha vs SP500 12m | -6.67 |
Beta vs SP500 5y weekly | 0.87 |
ValueRay RSI | 84.94 |
Volatility GJR Garch 1y | 7.52% |
Price / SMA 50 | 3% |
Price / SMA 200 | 11.8% |
Current Volume | 60.6k |
Average Volume 20d | 54.5k |
External Links for JPI Fund
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X (Twitter) • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
As of March 29, 2024, the stock is trading at USD 19.24 with a total of 60,600 shares traded.
Over the past week, the price has changed by +1.37%, over one month by +2.49%, over three months by +6.46% and over the past year by +24.92%.
According to ValueRays Forecast Model, JPI Nuveen Preferred and Income Term Cl.. will be worth about 19.8 in March 2025. The stock is currently trading at 19.24. This means that the stock has a potential upside of +3.12%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 19.8 | 3.12% |