Nuveen Preferred and Income Term Fund (JPI)
Frequently Asked Questions About Nuveen Preferred and Income Term Fund (JPI)
Can individuals invest in JPI?
Yes, individual investors can invest in Nuveen Preferred and Income Term Fund directly by purchasing shares through a brokerage account, just like any other publicly traded stock or fund. Furthermore, JPI can also be included in retirement accounts, such as IRAs, allowing individuals to benefit from its income potential and diversification within their investment portfolios.
Can JPI be purchased through a financial advisor?
Yes, Nuveen Preferred and Income Term Fund can be purchased through a financial advisor. Financial advisors can provide guidance tailored to an investor's individual financial goals and risk tolerance, making the process of evaluating and investing in JPI easier for those who may not have extensive knowledge of the fund directly.
How does JPI fit into a diversified investment portfolio?
Nuveen Preferred and Income Term Fund can fit well into a diversified investment portfolio by providing exposure to preferred securities, which can offer attractive yield opportunities compared to traditional fixed-income investments. Its income-generating focus, combined with the potential for capital preservation, makes it a suitable choice for income-seeking investors looking to enhance diversification while managing overall portfolio volatility.
How is the performance of JPI typically measured?
The performance of Nuveen Preferred and Income Term Fund is typically measured through total return, which combines income generated from dividends and any capital appreciation or depreciation over a specific period. Investors can review performance metrics such as net asset value, market price, and yield to gauge the fund's effectiveness in meeting its investment objective.
How often does JPI distribute dividends?
Nuveen Preferred and Income Term Fund typically distributes dividends on a monthly basis. This consistent distribution schedule provides shareholders with regular income, making the fund an appealing option for income-seeking investors who desire predictable cash flow from their investments.
Is JPI actively managed or passively managed?
The Nuveen Preferred and Income Term Fund is actively managed, meaning that the fund's management team makes strategic decisions regarding portfolio composition, asset allocation, and individual security selection. This active management approach allows the team to respond to market conditions and capitalize on investment opportunities to enhance returns for investors.
Is JPI suitable for retirement accounts?
Yes, Nuveen Preferred and Income Term Fund can be a suitable investment for retirement accounts such as IRAs or 401(k)s. Its focus on generating income may be attractive for retirees or individuals planning for retirement, as it can provide consistent monthly distributions that help meet income needs in retirement while offering potential capital appreciation.
What are the main benefits of investing in JPI?
Investing in Nuveen Preferred and Income Term Fund offers several benefits, including the potential for consistent income generation, access to a diversified portfolio of income-generating securities, professional management by an experienced team, and the opportunity for capital appreciation over time. The fund may also serve as a suitable investment option for income-focused investors seeking lower volatility compared to traditional equities.
What does Nuveen Preferred and Income Term Fund (NYSE:JPI) do?
Nuveen Preferred and Income Term Fund (NYSE:JPI) is a closed-end fund that primarily invests in preferred securities and other income-generating financial instruments. The fund aims to provide a high level of current income while maintaining capital preservation. By investing in a diversified portfolio of preferred stocks, the fund allows investors to access income streams while potentially benefitting from market appreciation.
What factors influence the price of JPI?
The price of Nuveen Preferred and Income Term Fund is influenced by a variety of factors, including changes in interest rates, the performance of preferred securities, market demand for income-generating investments, and macroeconomic conditions. Additionally, investor sentiment and broader stock market movements can also impact the fund's market price.
What is the dividend yield of JPI?
The dividend yield of Nuveen Preferred and Income Term Fund can fluctuate based on market conditions, the performance of the underlying securities, and the fund's distribution policies. As of the latest available data, investors can refer to the fund’s official website or financial reports for the most current yield information and understand how it aligns with individual income requirements.
What is the expense ratio of JPI?
The expense ratio of Nuveen Preferred and Income Term Fund represents the percentage of the fund's assets used for administrative and management expenses. Investors should check the fund’s official documentation or website for the latest expense ratio, as it can impact overall returns and should be considered when evaluating investment options.
What is the investment objective of JPI?
The primary investment objective of Nuveen Preferred and Income Term Fund is to provide a high level of current income while also preserving capital. The fund seeks to achieve this through a diversified portfolio predominantly comprised of preferred securities that offer attractive yield opportunities, balanced with an overall risk management strategy.
What is the NAV, or net asset value, of JPI?
The net asset value (NAV) of Nuveen Preferred and Income Term Fund represents the total value of the fund's assets minus its liabilities, divided by the number of outstanding shares. NAV is a crucial metric for investors, as it provides insight into the fund's value and is used to determine purchasing and selling prices of shares when investment transactions occur.
What risks are associated with investing in JPI?
Investing in Nuveen Preferred and Income Term Fund involves several risks, including interest rate risk, credit risk, and market risk. Changes in interest rates can affect the value of preferred securities and the income generated. Additionally, the risk of credit quality deterioration among issuers can impact the fund’s performance. Investors should assess these risks in conjunction with their investment objectives and risk tolerance before investing.
What types of investments does JPI focus on?
The Nuveen Preferred and Income Term Fund focuses primarily on preferred securities, which are hybrid financial instruments with characteristics of both equity and debt. Additionally, the fund may invest in related income-generating assets, such as corporate bonds and utility stocks, to enhance its income potential and manage risk.
When did Nuveen Preferred and Income Term Fund launch?
Nuveen Preferred and Income Term Fund was launched on April 24, 2018. Since its inception, the fund has been focused on providing investors with a reliable source of income through its investments in preferred securities and other related assets.
Where can I find more information about JPI?
For more information about Nuveen Preferred and Income Term Fund, investors can visit the fund's official website, where they can find details regarding its investment strategy, performance data, shareholder reports, and up-to-date news. Additionally, financial news outlets and investor forums may offer insights and discussions regarding the fund.
Who manages Nuveen Preferred and Income Term Fund?
Nuveen Preferred and Income Term Fund is managed by Nuveen Asset Management, a subsidiary of TIAA. The management team consists of experienced professionals with extensive knowledge in fixed income and equity markets, applying a disciplined investment approach to manage the fund's portfolio and meet its income objectives.
What is the current price of Nuveen Preferred and Income Term Fund?
The current price of Nuveen Preferred and Income Term Fund is 19.41
When was Nuveen Preferred and Income Term Fund last traded?
The last trade of Nuveen Preferred and Income Term Fund was at 7:00 pm EDT on April 3rd, 2025