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

Nuveen Core Plus Impact Fund (NYSE:NPCT) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 13,314 shares, an increase of 66.3% from the August 15th total of 8,004 shares. Based on an average daily volume of 108,201 shares, the short-interest ratio is presently 0.1 days.

Nuveen Core Plus Impact Fund Trading Down 0.3%

Shares of NYSE:NPCT opened at $9.57 on Thursday. The firm has a fifty day moving average price of $9.75 and a 200 day moving average price of $10.02. Nuveen Core Plus Impact Fund has a 1 year low of $9.52 and a 1 year high of $11.09.

Nuveen Core Plus Impact Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.0895 per share. This represents a c) annualized dividend and a yield of 11.2%. The ex-dividend date is Tuesday, September 15th.

Institutional Trading of Nuveen Core Plus Impact Fund

A number of institutional investors and hedge funds have recently modified their holdings of the company. Royal Bank of Canada raised its holdings in 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 worth $874,000 after acquiring an additional 2,812 shares during the period. Integrated Wealth Concepts LLC bought a new stake in Nuveen Core Plus Impact Fund during the second quarter valued at about $48,000. Private Advisor Group LLC boosted its holdings in Nuveen Core Plus Impact Fund by 20.3% during the first 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 period. Assetmark Inc. grew its position in shares of Nuveen Core Plus Impact Fund by 8,620.7% in the first quarter. Assetmark Inc. now owns 5,058 shares of the company’s stock valued at $52,000 after purchasing an additional 5,000 shares during the last quarter. Finally, Fifth Third Bancorp bought a new position in shares of Nuveen Core Plus Impact Fund in the first quarter worth about $66,000.

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.