Nuveen Core Plus Impact Fund (NYSE:NPCT) Short Interest Update

Nuveen Core Plus Impact Fund (NYSE:NPCT) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 231,005 shares, an increase of 1,635.1% from the August 31st total of 13,314 shares. Based on an average daily volume of 104,792 shares, the days-to-cover ratio is currently 2.2 days.

Institutional Trading of Nuveen Core Plus Impact Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Sit Investment Associates Inc. boosted its stake in shares of Nuveen Core Plus Impact Fund by 13.8% during the fourth quarter. Sit Investment Associates Inc. now owns 206,501 shares of the company’s stock worth $2,102,000 after buying an additional 25,000 shares during the period. Royal Bank of Canada raised its stake in Nuveen Core Plus Impact Fund by 3.4% during the 1st quarter. Royal Bank of Canada now owns 85,784 shares of the company’s stock valued at $874,000 after acquiring an additional 2,812 shares during the last quarter. Private Advisor Group LLC raised its stake in Nuveen Core Plus Impact Fund by 20.3% during the 1st quarter. Private Advisor Group LLC now owns 28,231 shares of the company’s stock valued at $288,000 after acquiring an additional 4,758 shares during the last quarter. Readystate Asset Management LP acquired a new stake in Nuveen Core Plus Impact Fund during the 2nd quarter worth approximately $248,000. Finally, Closed End Fund Advisors Inc. acquired a new stake in Nuveen Core Plus Impact Fund during the 4th quarter worth approximately $210,000.

Nuveen Core Plus Impact Fund Stock Up 0.5%

NPCT opened at $9.34 on Friday. Nuveen Core Plus Impact Fund has a 52 week low of $9.27 and a 52 week high of $11.05. The business’s 50 day moving average is $9.68 and its two-hundred day moving average is $9.97.

Nuveen Core Plus Impact Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.0895 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.07 dividend on an annualized basis and a dividend yield of 11.5%.

Nuveen Core Plus Impact Fund (NYSE: NPCT) is a closed-end management investment company advised by Nuveen, one of the world’s largest asset managers. Launched in mid-2021, the fund seeks to provide a combination of current income, capital appreciation and positive social and environmental impact. Investors gain exposure to a diversified portfolio of global fixed-income securities while aiming to support projects and issuers that address sustainability challenges.

The fund’s core-plus strategy combines a broad allocation to high-quality investment-grade and select non-investment-grade corporate bonds, sovereign and supranational debt, and securitized products such as agency mortgage-backed securities.