Nuveen Preferred & Income Term Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.6%
1 yr return
12.3%
3 Yr Avg Return
-7.0%
5 Yr Avg Return
-4.4%
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 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XJPIX - Profile
Distributions
- YTD Total Return 5.6%
- 3 Yr Annualized Total Return -7.0%
- 5 Yr Annualized Total Return -4.4%
- 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 | 5.6% | 4.8% | 17.7% | 98.72% |
1 Yr | 12.3% | 10.0% | 28.4% | 89.74% |
3 Yr | -7.0%* | -7.6% | 5.9% | 95.83% |
5 Yr | -4.4%* | -5.1% | 11.5% | 94.12% |
10 Yr | 1.3%* | 0.8% | 5.0% | 91.67% |
* 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 | 5.6% | 4.8% | 17.7% | 98.72% |
1 Yr | 12.3% | 10.0% | 28.4% | 89.74% |
3 Yr | -7.0%* | -7.6% | 5.9% | 95.83% |
5 Yr | -4.4%* | -5.1% | 11.5% | 94.12% |
10 Yr | 1.3%* | 0.8% | 5.0% | 91.67% |
* 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 | 49 | 439 | 35.90% |
Net Assets in Top 10 | 119 M | 8.45 M | 1.89 B | 64.10% |
Weighting of Top 10 | 14.55% | 11.3% | 48.1% | 88.46% |
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% | 97.75% | 66.67% |
Convertible Bonds | 29.37% | 0.00% | 31.65% | 9.33% |
Preferred Stocks | 22.11% | 0.00% | 125.69% | 48.72% |
Other | 0.52% | -4.41% | 10.15% | 6.41% |
Cash | 0.02% | -0.02% | 11.04% | 98.72% |
Stocks | 0.00% | 0.00% | 29.42% | 62.82% |
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% | 11.04% | 87.18% |
Derivative | 0.00% | -0.56% | 9.46% | 43.59% |
Securitized | 0.00% | 0.00% | 0.00% | 40.00% |
Municipal | 0.00% | 0.00% | 0.00% | 40.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XJPIX % Rank | |
---|---|---|---|---|
US | 36.34% | 0.00% | 97.61% | 64.10% |
Non US | 11.63% | 0.00% | 22.53% | 11.54% |
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% | 56.41% |
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% | 9.59% | 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 |
---|---|---|
Jun 13, 2019 | $0.136 | OrdinaryDividend |
May 14, 2019 | $0.136 | OrdinaryDividend |
Apr 12, 2019 | $0.136 | OrdinaryDividend |
Mar 14, 2019 | $0.136 | OrdinaryDividend |
Feb 14, 2019 | $0.136 | OrdinaryDividend |
Jan 14, 2019 | $0.136 | OrdinaryDividend |
Dec 13, 2018 | $0.136 | OrdinaryDividend |
Nov 14, 2018 | $0.136 | OrdinaryDividend |
Oct 12, 2018 | $0.136 | OrdinaryDividend |
Sep 13, 2018 | $0.136 | OrdinaryDividend |
Aug 14, 2018 | $0.136 | OrdinaryDividend |
Jul 12, 2018 | $0.136 | OrdinaryDividend |
Jun 14, 2018 | $0.136 | OrdinaryDividend |
May 14, 2018 | $0.142 | OrdinaryDividend |
Apr 12, 2018 | $0.142 | OrdinaryDividend |
Mar 14, 2018 | $0.142 | OrdinaryDividend |
Feb 14, 2018 | $0.142 | OrdinaryDividend |
Jan 11, 2018 | $0.142 | OrdinaryDividend |
Dec 14, 2017 | $0.142 | OrdinaryDividend |
Nov 14, 2017 | $0.142 | OrdinaryDividend |
Oct 12, 2017 | $0.142 | OrdinaryDividend |
Sep 14, 2017 | $0.142 | OrdinaryDividend |
Aug 11, 2017 | $0.142 | OrdinaryDividend |
Jul 12, 2017 | $0.142 | OrdinaryDividend |
Jun 13, 2017 | $0.142 | OrdinaryDividend |
May 11, 2017 | $0.151 | OrdinaryDividend |
Apr 11, 2017 | $0.151 | OrdinaryDividend |
Mar 13, 2017 | $0.151 | OrdinaryDividend |
Feb 13, 2017 | $0.151 | OrdinaryDividend |
Jan 11, 2017 | $0.151 | OrdinaryDividend |
Dec 13, 2016 | $0.151 | OrdinaryDividend |
Nov 10, 2016 | $0.163 | OrdinaryDividend |
Oct 12, 2016 | $0.163 | OrdinaryDividend |
Sep 13, 2016 | $0.163 | OrdinaryDividend |
Aug 11, 2016 | $0.163 | OrdinaryDividend |
Jul 13, 2016 | $0.163 | OrdinaryDividend |
Jun 13, 2016 | $0.163 | OrdinaryDividend |
May 11, 2016 | $0.163 | OrdinaryDividend |
Apr 13, 2016 | $0.163 | OrdinaryDividend |
Mar 11, 2016 | $0.163 | OrdinaryDividend |
Feb 10, 2016 | $0.163 | OrdinaryDividend |
Jan 13, 2016 | $0.163 | OrdinaryDividend |
Dec 23, 2015 | $0.003 | ExtraDividend |
Dec 23, 2015 | $0.182 | CapitalGainLongTerm |
Dec 11, 2015 | $0.163 | OrdinaryDividend |
Nov 10, 2015 | $0.163 | OrdinaryDividend |
Oct 13, 2015 | $0.163 | OrdinaryDividend |
Sep 11, 2015 | $0.163 | OrdinaryDividend |
Aug 12, 2015 | $0.163 | OrdinaryDividend |
Jul 13, 2015 | $0.163 | OrdinaryDividend |
Jun 11, 2015 | $0.163 | OrdinaryDividend |
May 13, 2015 | $0.160 | OrdinaryDividend |
Apr 13, 2015 | $0.160 | OrdinaryDividend |
Mar 11, 2015 | $0.160 | OrdinaryDividend |
Feb 11, 2015 | $0.160 | OrdinaryDividend |
Jan 13, 2015 | $0.160 | OrdinaryDividend |
Dec 23, 2014 | $0.026 | OrdinaryDividend |
Dec 11, 2014 | $0.158 | OrdinaryDividend |
Nov 12, 2014 | $0.158 | OrdinaryDividend |
Oct 10, 2014 | $0.158 | OrdinaryDividend |
Sep 11, 2014 | $0.158 | OrdinaryDividend |
Aug 13, 2014 | $0.158 | OrdinaryDividend |
Jul 11, 2014 | $0.158 | OrdinaryDividend |
Jun 11, 2014 | $0.158 | OrdinaryDividend |
May 13, 2014 | $0.158 | OrdinaryDividend |
Apr 11, 2014 | $0.158 | OrdinaryDividend |
Mar 12, 2014 | $0.158 | OrdinaryDividend |
Feb 12, 2014 | $0.169 | OrdinaryDividend |
Jan 13, 2014 | $0.169 | OrdinaryDividend |
Dec 24, 2013 | $0.488 | CapitalGainShortTerm |
Dec 24, 2013 | $0.000 | CapitalGainLongTerm |
Dec 11, 2013 | $0.169 | OrdinaryDividend |
Nov 13, 2013 | $0.169 | OrdinaryDividend |
Oct 10, 2013 | $0.169 | OrdinaryDividend |
Sep 11, 2013 | $0.169 | OrdinaryDividend |
Aug 13, 2013 | $0.169 | OrdinaryDividend |
Jul 11, 2013 | $0.169 | OrdinaryDividend |
Jun 12, 2013 | $0.169 | OrdinaryDividend |
May 13, 2013 | $0.169 | OrdinaryDividend |
Apr 11, 2013 | $0.169 | OrdinaryDividend |
Mar 13, 2013 | $0.169 | OrdinaryDividend |
Feb 13, 2013 | $0.169 | OrdinaryDividend |
Jan 11, 2013 | $0.169 | OrdinaryDividend |
Dec 26, 2012 | $0.097 | CapitalGainShortTerm |
Dec 12, 2012 | $0.169 | OrdinaryDividend |
Nov 13, 2012 | $0.169 | OrdinaryDividend |
Oct 11, 2012 | $0.169 | OrdinaryDividend |
Sep 12, 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 |