Nuveen Core Plus Impact Fund (NYSE:NPCT – Get Free Report) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 23,847 shares, a decline of 65.4% from the September 30th total of 68,975 shares. Based on an average daily trading volume, of 87,525 shares, the short-interest ratio is presently 0.3 days.
Institutional Investors Weigh In On Nuveen Core Plus Impact Fund
Institutional investors have recently made changes to their positions in the stock. Root Financial Partners LLC bought a new position in Nuveen Core Plus Impact Fund during the third quarter worth about $32,000. Integrated Wealth Concepts LLC acquired a new position in shares of Nuveen Core Plus Impact Fund during the 2nd quarter worth about $48,000. Readystate Asset Management LP bought a new stake in shares of Nuveen Core Plus Impact Fund in the 2nd quarter valued at about $248,000. Ameritas Advisory Services LLC bought a new stake in shares of Nuveen Core Plus Impact Fund in the 2nd quarter valued at about $84,000. Finally, Royal Bank of Canada increased its stake in shares of Nuveen Core Plus Impact Fund by 3.4% in 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.
Nuveen Core Plus Impact Fund Stock Performance
NPCT stock remained flat at $9.07 during midday trading on Friday. 114,053 shares of the company’s stock were exchanged, compared to its average volume of 121,359. Nuveen Core Plus Impact Fund has a 1 year low of $8.86 and a 1 year high of $10.82. The stock’s 50 day moving average price is $9.32 and its 200-day moving average price is $9.93.
Nuveen Core Plus Impact Fund Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Thursday, October 15th will be given a dividend of $0.0895 per share. The ex-dividend date is Thursday, October 15th. This represents a $1.07 annualized dividend and a dividend yield of 11.8%.
Nuveen Core Plus Impact Fund (NYSE: NPCT) is a publicly traded closed-end fund managed by Nuveen Asset Management, a subsidiary of TIAA. The fund seeks to provide total return through a diversified portfolio of fixed-income investments while incorporating environmental and social impact considerations into its investment process.
The fund uses a core-plus bond strategy, investing primarily in a broad range of debt securities issued by governments, corporations and other entities. Its portfolio may include investment-grade and below-investment-grade bonds, mortgage- and asset-backed securities, emerging-market debt and other domestic and international fixed-income investments.
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