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Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nuveen Preferred & Income Term Fund

XJPIX | Fund

$20.08

$491 M

0.00%

1.76%

Vitals

YTD Return

4.9%

1 yr return

9.9%

3 Yr Avg Return

-6.8%

5 Yr Avg Return

-4.4%

Net Assets

$491 M

Holdings in Top 10

14.6%

52 WEEK LOW AND HIGH

$20.1
N/A
N/A

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 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Nuveen Preferred & Income Term Fund

XJPIX | Fund

$20.08

$491 M

0.00%

1.76%

XJPIX - Profile

Distributions

  • YTD Total Return 4.9%
  • 3 Yr Annualized Total Return -6.8%
  • 5 Yr Annualized Total Return -4.4%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 6.79%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Nuveen Preferred & Income Term Fund
  • Fund Family Name
    Nuveen
  • Inception Date
    Jul 26, 2012
  • Shares Outstanding
    22772419
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brenda Langenfeld

Fund Description

XJPIX - Performance

Return Ranking - Trailing

Period XJPIX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.9% 4.1% 17.6% 98.72%
1 Yr 9.9% 9.1% 30.5% 96.15%
3 Yr -6.8%* -7.3% 6.2% 98.61%
5 Yr -4.4%* -4.8% 11.2% 94.20%
10 Yr 1.2%* 0.8% 5.1% 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 4.9% 4.1% 17.6% 98.72%
1 Yr 9.9% 9.1% 30.5% 96.15%
3 Yr -6.8%* -7.3% 6.2% 98.61%
5 Yr -4.4%* -4.8% 11.2% 94.20%
10 Yr 1.2%* 0.8% 5.1% 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 13.2 M 1.89 B 64.10%
Weighting of Top 10 14.55% 11.3% 48.1% 88.46%

Top 10 Holdings

  1. HSBC Holdings PLC 6.375% 1.80%
  2. Ubs Grp Fdg Switz Ag FRN 7% 1.67%
  3. Land O'Lakes Inc. 8% 1.64%
  4. UBS Group AG 1.62%
  5. CoBank ACB Perp Pfd Shs Series -F- Restricted 1.62%
  6. Credit Agricole S.A. 8.12% 1.58%
  7. Deutsche Bank AG New York Branch 6% 1.54%
  8. QBE Insurance Group Limited 7.5% 1.51%
  9. Compeer Financial, ACA 6.75% 1.45%
  10. 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% 41.20% 60.26%

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% 37.18%
Securitized 		0.00% 0.00% 0.00% 22.67%
Municipal 		0.00% 0.00% 0.00% 22.67%

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% 19.48%
Management Fee 0.70% 0.00% 1.00% 47.44%
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% 88.46%

Dividend Distribution Analysis

XJPIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly 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

View More +

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

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