Nuveen Preferred & Income Securities Fund

Nuveen Preferred & Income Securities Fund is a closed-end investment fund. The firm's investment objective is to seek high current income consistent with capital preservation with a secondary objective to enhance portfolio value relative to the broad market for preferred securities. The company was founded on June 24, 2002 and is headquartered in Chicago, IL.

Nuveen Preferred & Income Securities Fund is a closed-end investment fund. It engages in the business of enhancing portfolio value relative to the market for preferred securities by investing in securities and sectors that the fund?s sub-adviser believes are underrated or undervalued. The company was founded on June 24, 2002 and is headquartered in Chicago, IL.

Nuveen Preferred & Income Opportunities Fund

Nuveen Preferred & Income 2022 Term Fund

NEW YORK--(BUSINESS WIRE)--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 wh.

Nuveen Preferred & Income Closed-End Funds Announce Completion of Mergers

NEW YORK--(BUSINESS WIRE)--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.

Nuveen Closed-End Funds Declare Pre-Merger Distributions

NEW YORK--(BUSINESS WIRE)--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.

Nuveen Preferred & Income Closed-End Funds Announce Shareholder Approval of Proposed Mergers

Nuveen Preferred & Income Securities Fund offers a high level of current income with a 7.34% yield, higher than money market funds. The fund has experienced disappointing performance, with shares down 2.66% since July, but distributions have offset some losses. The fund's asset allocation is more heavily weighted towards bonds than preferred stocks, which may be a strategy to preserve capital in the event of further rate hikes.

JPS: Positioned For Stable To Rising Rates, Distribution Sustainability Is Uncertain

Nuveen has announced plans to merge the Nuveen Preferred Securities Income Fund and Nuveen Preferred and Income Fund into the Nuveen Preferred & Income Opportunities Fund. I briefly review each CEF, including how they invest currently. I then combined their holdings to come up with my pro forma of what JPC will look like post-merger. I provide actionable paths forward for holders of each of the three CEFs. In short, stay the course.

JPC Is About To Absorb JPS And JPT: What That Means

Investors are in desperate need of income to sustain their lifestyles in the face of the rapidly-rising cost of living. Nuveen Preferred & Income Securities Fund invests in a portfolio of fixed-income securities and then applies a layer of leverage to provide a very high yield to its shareholders, providing much-needed income. The Fed has stated that it will raise rates twice more this year, which will almost certainly push down bond prices from their present levels.

JPS: Providing Income To Support Your Lifestyle

John Hancock Preferred Income Fund II

SPDR Bloomberg High Yield Bond ETF

Nuveen Preferred & Income Term Fund

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc.

iShares Preferred and Income Securities ETF 

VanEck Preferred Securities ex Financials ETF

Bank securities and preferred CEFs have been some of the livelier parts of the income market in the last few months. In some of the hysteria, however, it's easy to lose sight of the facts and misinterpret the relationship between regional banks and preferred CEFs.

The Seven Deadly Sins Of Regional Banks And Preferred CEF Investing

JPS: CEF Merger Arbitrage Opportunity

NEW YORK--(BUSINESS WIRE)--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.

Nuveen Preferred Closed-End Funds Announce Proposed Mergers

Credit Suisse

Flaherty & Crumrine Dynamic Preferred & Income Fund

Flaherty & Crumrine Preferred Securities Income Fund Inc

Flaherty & Crumrine Total Return Fund Inc

First Trust Intermediate Duration Preferred & Income Fund

John Hancock Preferred Income Fund

Nuveen Variable Rate Preferred & Income Fund

Flaherty & Crumrine Preferred Income Fund Inc

Flaherty & Crumrine Preferred Income OpportunityFund Inc

Cohen & Steers Select Preferred and Income Fund

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

UBS Group AG

Today, I wanted to take a broader look at the preferred closed-end fund space. After struggling for most of the last year due to rapidly-rising interest rates, the latest banking failures sent preferred CEFs spiraling.

Preferred Closed-End Funds: Out Of The Frying Pan Into The Fire

The Nuveen Preferred & Income Securities Fund is a closed-end fund from Nuveen that focuses on preferred shares. We gave the CEF a Sell rating at the beginning of the regional banks' crisis, expecting a -10% drawdown.

JPS: Moving Back To Hold After The Drawdown

The Federal Reserve tightened until it broke something: the small banks. Classic Fed!

This 8% Dividend Will Bounce With The Big Banks

JPS is a fixed income closed end fund from the Nuveen family. The CEF has a high concentration to national and regional banks' preferred equities.

JPS: High Concentration To Regional Bank Preferred Securities

Inflation still remains high year-over-year, and people are still in need of extra income to maintain their lifestyles. Nuveen Preferred & Income Securities Fund invests in a portfolio of preferred stock and bonds to provide a high level of income.

JPS: It May Make Sense To Accumulate A Position In This Affordable CEF

SoFi Technologies

3 No-Brainer Stocks to Buy Right Now for Less Than $10

Inflation has forced many Americans to boost their incomes in order to cover their growing expenses. JPS invests in a portfolio of preferred stock and other fixed-income securities in order to provide a high yield to investors.

JPS: Solid 7.27% Yielder, But Rising Rates Will Hinder Performance

Athene Holding Ltd. Class A

The Income Method provides immediate income to support retirement and to buy more shares to grow income. Always do your due diligence. Many good investments aren't good for all investors or retirees.

The Retiree's Portfolio: 2 Must-Own Dividend Stocks

Despite a high expense ratio, JPS has consistently paid a monthly dividend with a yield mostly ranging between 6 to 8 percent. Most of JPS's investments are investment grade, which indicate low default risk and an adequate capacity of payment of financial commitments.

JPS: Strong-Yielder CEF Trading At A Discount

BlackRock Science & Technology

Retire on your own terms, at a time you decide. The economy may appear shaky, but the foundation of our income method (dividends) is strong.

2 Great Dividends To Retire In Splendor

Blackstone Strategic Credit Fund

Blackstone Long-Short Credit Income Fund

Blackstone/GSO Senior Floating Rate Term Fund

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Inc

BNY Mellon High Yield Strategies Fund 

DoubleLine Yield Opportunities Fund

DoubleLine Income Solutions Fund

Western Asset Global High Income Fund

Highland Income Fund

Western Asset High Income Opportunity Fund Inc

Western Asset High Income Fund

Pioneer Diversified High Income Trust

Nuveen Real Asset Income & Growth Fund

Oxford Lane Capital

Pimco Global Stockplus & Income Fund

Principal Real Estate Income Fund

Pioneer Floating Rate Trust

Pioneer High Income Trust

RiverNorth Capital and Income Fund

Franklin Templeton Emerging Markets Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

Only funds with yields over 6.5%, coverage higher than 85%, and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

The 'High-High-Low' Closed-End Fund Report, August 2022

AllianceBernstein Global High Income Fund Inc

BlackRock Enhanced Equity Dividend Trust

BlackRock Credit Allocation Income Trust

Nuveen S&P 500 Buy-Write Income Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Diversified Equity Income Fund

Eaton Vance Limited Duration Income Fund

Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Aberdeen Asia-Pacific Income Fund Inc

BlackRock Corporate High Yield Fund

Nuveen Credit Strategies Income Fund

Virtus Dividend Interest & Premium Strategy Fund

PIMCO Dynamic Income Fund

PIMCO Dynamic Income Opportunities Fund

After the Fed hiked interest rates for the fourth time this year, closed-end fund investors may wonder how their income will be affected. Past cycles have shown that valuations fall ahead of time in anticipation of rising rates.

Income Opportunities: CEFs And Rising Rates

Alpine Global Dynamic Dividend Fund

This special type of mutual fund offers significant advantages to income investors.

Forget Dividend Stocks: Here's an Even Better Way to Make Passive Income

JPS fund can provide your portfolio a much needed income boost. The underlying holdings have exposure to an international portfolio of financial company preferred shares.

JPS: A Healthy Blend Of Junk And Income

Madison Fund

Retiring comfortably could be less daunting than you might think.

Here's the Easiest Path to Make at Least $70,000 Per Year in Retirement

BlackRock Enhanced Global Dividend Trust

Medical Properties Trust

The key is to invest in two kinds of assets.

News for Nuveen Preferred & Income Securities Fund ETF (JPS)