Nuveen Preferred Securities & Income Opportunities Fund

Corporate Details

ISIN(s):

N/A

LEI:

Country:

United States of America

Address:

333 WEST WACKER DRIVE, 60606 CHICAGO

Website:

https://www.nuveen.com/en-us/closed-end-funds/jpi-nuveen-preferred-and-income-term-fund

Sector:

Financial and insurance activities

Industry:

Activities of trusts, funds and similar financial entities

Description

Nuveen Preferred & Income Opportunities Fund (JPC) is a closed-end fund with the primary investment objective of providing high current income and a secondary objective of total return. The fund invests at least 80% of its managed assets in a diversified portfolio of preferred and other income-producing securities, including hybrid instruments like contingent capital securities. It may opportunistically invest the remainder in other income-oriented assets such as corporate and taxable municipal debt. Managed by a specialized team, the fund employs a research-driven approach to invest across the global credit spectrum, seeking to optimize value and minimize risk. The fund utilizes leverage, which can potentially magnify returns but also increases volatility and risk.