Nuveen Preferred & Income Term Fund
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.7%
1 yr return
6.9%
3 Yr Avg Return
-8.2%
5 Yr Avg Return
-4.2%
Net Assets
$491 M
Holdings in Top 10
14.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.76%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 23.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 04/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XJPIX - Profile
Distributions
- YTD Total Return 0.7%
- 3 Yr Annualized Total Return -8.2%
- 5 Yr Annualized Total Return -4.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 6.79%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameNuveen Preferred & Income Term Fund
-
Fund Family NameNuveen
-
Inception DateJul 26, 2012
-
Shares Outstanding22772419
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerBrenda Langenfeld
Fund Description
XJPIX - Performance
Return Ranking - Trailing
Period | XJPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.7% | -3.8% | 3.7% | 85.90% |
1 Yr | 6.9% | 2.4% | 18.1% | 76.92% |
3 Yr | -8.2%* | -8.9% | 6.0% | 90.28% |
5 Yr | -4.2%* | -5.5% | 5.4% | 93.94% |
10 Yr | 1.3%* | 0.6% | 4.6% | 91.11% |
* Annualized
Return Ranking - Calendar
Period | XJPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -1.9% | -3.6% | 14.2% | 98.72% |
2022 | -21.5% | -29.4% | -9.6% | 69.44% |
2021 | 1.5% | -3.4% | 17.2% | 16.67% |
2020 | -4.8% | -24.8% | 9.0% | 86.96% |
2019 | 16.0% | 6.4% | 19.1% | 15.38% |
Total Return Ranking - Trailing
Period | XJPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.7% | -3.8% | 3.7% | 85.90% |
1 Yr | 6.9% | 2.4% | 18.1% | 76.92% |
3 Yr | -8.2%* | -8.9% | 6.0% | 90.28% |
5 Yr | -4.2%* | -5.5% | 5.4% | 93.94% |
10 Yr | 1.3%* | 0.6% | 4.6% | 91.11% |
* Annualized
Total Return Ranking - Calendar
Period | XJPIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -1.9% | -1.9% | 26.5% | 100.00% |
2022 | -21.5% | -26.0% | -5.8% | 86.11% |
2021 | 1.5% | -2.5% | 27.4% | 84.72% |
2020 | -4.8% | -19.2% | 12.3% | 88.41% |
2019 | 20.1% | 10.0% | 32.0% | 26.15% |
NAV & Total Return History
XJPIX - Holdings
Concentration Analysis
XJPIX | Category Low | Category High | XJPIX % Rank | |
---|---|---|---|---|
Net Assets | 491 M | 24.1 M | 14.5 B | 64.10% |
Number of Holdings | 224 | 45 | 450 | 35.90% |
Net Assets in Top 10 | 119 M | 7.69 M | 1.65 B | 64.10% |
Weighting of Top 10 | 14.55% | 12.1% | 48.1% | 89.74% |
Top 10 Holdings
- HSBC Holdings PLC 6.375% 1.80%
- Ubs Grp Fdg Switz Ag FRN 7% 1.67%
- Land O'Lakes Inc. 8% 1.64%
- UBS Group AG 1.62%
- CoBank ACB Perp Pfd Shs Series -F- Restricted 1.62%
- Credit Agricole S.A. 8.12% 1.58%
- Deutsche Bank AG New York Branch 6% 1.54%
- QBE Insurance Group Limited 7.5% 1.51%
- Compeer Financial, ACA 6.75% 1.45%
- UBS Group Funding (Switzerland) AG 7% 1.44%
Asset Allocation
Weighting | Return Low | Return High | XJPIX % Rank | |
---|---|---|---|---|
Bonds | 47.97% | 0.00% | 98.46% | 66.67% |
Convertible Bonds | 29.37% | 0.00% | 31.65% | 9.33% |
Preferred Stocks | 22.11% | 0.00% | 125.53% | 48.72% |
Other | 0.52% | -4.48% | 12.19% | 6.41% |
Cash | 0.02% | -0.02% | 10.76% | 97.44% |
Stocks | 0.00% | 0.00% | 28.30% | 66.67% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XJPIX % Rank | |
---|---|---|---|---|
Corporate | 99.52% | 62.31% | 100.00% | 13.33% |
Government | 0.44% | 0.00% | 21.71% | 30.67% |
Cash & Equivalents | 0.04% | 0.00% | 10.76% | 75.64% |
Derivative | 0.00% | -0.63% | 12.19% | 52.56% |
Securitized | 0.00% | 0.00% | 0.00% | 44.00% |
Municipal | 0.00% | 0.00% | 0.00% | 44.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XJPIX % Rank | |
---|---|---|---|---|
US | 36.34% | 0.00% | 98.46% | 64.10% |
Non US | 11.63% | 0.00% | 22.53% | 10.26% |
XJPIX - Expenses
Operational Fees
XJPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.76% | 0.05% | 4.46% | 22.08% |
Management Fee | 0.70% | 0.00% | 1.00% | 61.54% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.55% | N/A |
Sales Fees
XJPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
XJPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XJPIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 23.00% | 12.00% | 199.00% | 44.12% |
XJPIX - Distributions
Dividend Yield Analysis
XJPIX | Category Low | Category High | XJPIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 10.56% | 91.03% |
Dividend Distribution Analysis
XJPIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
XJPIX | Category Low | Category High | XJPIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 6.79% | 0.88% | 7.54% | 12.16% |
Capital Gain Distribution Analysis
XJPIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jul 01, 2019 | $0.136 | OrdinaryDividend |
Jun 03, 2019 | $0.136 | OrdinaryDividend |
May 01, 2019 | $0.136 | OrdinaryDividend |
Apr 01, 2019 | $0.136 | OrdinaryDividend |
Mar 01, 2019 | $0.136 | OrdinaryDividend |
Feb 01, 2019 | $0.136 | OrdinaryDividend |
Dec 31, 2018 | $0.136 | OrdinaryDividend |
Dec 03, 2018 | $0.136 | OrdinaryDividend |
Nov 01, 2018 | $0.136 | OrdinaryDividend |
Oct 01, 2018 | $0.136 | OrdinaryDividend |
Sep 04, 2018 | $0.136 | OrdinaryDividend |
Aug 01, 2018 | $0.136 | OrdinaryDividend |
Jul 02, 2018 | $0.136 | OrdinaryDividend |
Jun 01, 2018 | $0.142 | OrdinaryDividend |
May 01, 2018 | $0.142 | OrdinaryDividend |
Apr 02, 2018 | $0.142 | OrdinaryDividend |
Mar 01, 2018 | $0.142 | OrdinaryDividend |
Feb 01, 2018 | $0.142 | OrdinaryDividend |
Dec 29, 2017 | $0.142 | OrdinaryDividend |
Dec 01, 2017 | $0.142 | OrdinaryDividend |
Nov 01, 2017 | $0.142 | OrdinaryDividend |
Oct 02, 2017 | $0.142 | OrdinaryDividend |
Sep 01, 2017 | $0.142 | OrdinaryDividend |
Aug 01, 2017 | $0.142 | OrdinaryDividend |
Jul 03, 2017 | $0.142 | OrdinaryDividend |
Jun 01, 2017 | $0.151 | OrdinaryDividend |
May 01, 2017 | $0.151 | OrdinaryDividend |
Apr 03, 2017 | $0.151 | OrdinaryDividend |
Mar 01, 2017 | $0.151 | OrdinaryDividend |
Feb 01, 2017 | $0.151 | OrdinaryDividend |
Dec 30, 2016 | $0.151 | OrdinaryDividend |
Dec 01, 2016 | $0.163 | OrdinaryDividend |
Nov 01, 2016 | $0.163 | OrdinaryDividend |
Oct 03, 2016 | $0.163 | OrdinaryDividend |
Sep 01, 2016 | $0.163 | OrdinaryDividend |
Aug 01, 2016 | $0.163 | OrdinaryDividend |
Jul 01, 2016 | $0.163 | OrdinaryDividend |
Jun 01, 2016 | $0.163 | OrdinaryDividend |
May 02, 2016 | $0.163 | OrdinaryDividend |
Apr 01, 2016 | $0.163 | OrdinaryDividend |
Mar 01, 2016 | $0.163 | OrdinaryDividend |
Feb 01, 2016 | $0.163 | OrdinaryDividend |
Dec 01, 2015 | $0.163 | OrdinaryDividend |
Nov 02, 2015 | $0.163 | OrdinaryDividend |
Oct 01, 2015 | $0.163 | OrdinaryDividend |
Sep 01, 2015 | $0.163 | OrdinaryDividend |
Aug 03, 2015 | $0.163 | OrdinaryDividend |
Jul 01, 2015 | $0.163 | OrdinaryDividend |
Jun 01, 2015 | $0.160 | OrdinaryDividend |
May 01, 2015 | $0.160 | OrdinaryDividend |
Apr 01, 2015 | $0.160 | OrdinaryDividend |
Mar 02, 2015 | $0.160 | OrdinaryDividend |
Feb 02, 2015 | $0.160 | OrdinaryDividend |
Dec 31, 2014 | $0.026 | OrdinaryDividend |
Dec 01, 2014 | $0.158 | OrdinaryDividend |
Nov 03, 2014 | $0.158 | OrdinaryDividend |
Oct 01, 2014 | $0.158 | OrdinaryDividend |
Sep 02, 2014 | $0.158 | OrdinaryDividend |
Aug 01, 2014 | $0.158 | OrdinaryDividend |
Jul 01, 2014 | $0.158 | OrdinaryDividend |
Jun 02, 2014 | $0.158 | OrdinaryDividend |
May 01, 2014 | $0.158 | OrdinaryDividend |
Apr 01, 2014 | $0.158 | OrdinaryDividend |
Mar 03, 2014 | $0.169 | OrdinaryDividend |
Feb 03, 2014 | $0.169 | OrdinaryDividend |
Dec 02, 2013 | $0.169 | OrdinaryDividend |
Nov 01, 2013 | $0.169 | OrdinaryDividend |
Oct 01, 2013 | $0.169 | OrdinaryDividend |
Sep 03, 2013 | $0.169 | OrdinaryDividend |
Aug 01, 2013 | $0.169 | OrdinaryDividend |
Jul 01, 2013 | $0.169 | OrdinaryDividend |
Jun 03, 2013 | $0.169 | OrdinaryDividend |
May 01, 2013 | $0.169 | OrdinaryDividend |
Apr 01, 2013 | $0.169 | OrdinaryDividend |
Mar 01, 2013 | $0.169 | OrdinaryDividend |
Feb 01, 2013 | $0.169 | OrdinaryDividend |
Dec 03, 2012 | $0.169 | OrdinaryDividend |
Nov 01, 2012 | $0.169 | OrdinaryDividend |
Oct 01, 2012 | $0.169 | OrdinaryDividend |
XJPIX - Fund Manager Analysis
Managers
Brenda Langenfeld
Start Date
Tenure
Tenure Rank
Jul 26, 2012
9.85
9.9%
Brenda A. Langenfeld, CFA, entered the financial services industry in 2004. She has been a Vice President and Portfolio Manager at Nuveen Asset Management since joining the firm in 2011. She was named Co-Portfolio Manager of the Preferred Securities strategy in January 2012. In April 2015, she was named Co-Portfolio Manager of the Real Asset Income strategy. She was named Senior Vice President in March 2017. In March 2019, she was named Managing Director.
Douglas Baker
Start Date
Tenure
Tenure Rank
Jul 26, 2012
9.85
9.9%
Mr. Baker is the head of the Preferred Securities Sector Team and a member of the Fixed Income Strategy Committee, which establishes investment policy for all taxable fixed income products. He co-leads the taxable fixed income credit oversight process, which provides a structure for implementing credit strategy across taxable fixed income. As a senior fixed income portfolio manager, he is the lead manager for Nuveen Asset Management’s Preferred Securities related strategies, as well as a co-portfolio manager for the Multi-Sector, Core Plus Bond, and Inflation Protected Municipal Bond strategie
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 30.32 | 7.8 | 11.42 |