Nuveen Core Plus Impact Fund (NYSE:NPCT) Sees Large Drop in Short Interest

Nuveen Core Plus Impact Fund (NYSE:NPCT – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 68,975 shares, a decrease of 70.1% from the September 15th total of 231,005 shares. Based on an average daily trading volume, of 108,201 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of Nuveen Core Plus Impact Fund

A number of large investors have recently bought and sold shares of the business. 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 worth $874,000 after buying an additional 2,812 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in Nuveen Core Plus Impact Fund in the second quarter valued at approximately $48,000. Private Advisor Group LLC grew its stake in Nuveen Core Plus Impact Fund by 20.3% in 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 stake in 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 acquiring an additional 5,000 shares during the period. Finally, Fifth Third Bancorp bought a new stake in shares of Nuveen Core Plus Impact Fund during the first quarter valued at approximately $66,000.

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Nuveen Core Plus Impact Fund Price Performance

Shares of NYSE NPCT opened at $9.02 on Wednesday. Nuveen Core Plus Impact Fund has a twelve month low of $8.89 and a twelve month high of $10.94. The firm has a fifty day simple moving average of $9.53 and a 200 day simple moving average of $9.88.

Nuveen Core Plus Impact Fund Announces Dividend

The company also recently declared 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 of this dividend is Thursday, October 15th. This represents a $1.07 dividend on an annualized basis and a yield of 11.9%.

Nuveen Core Plus Impact Fund (NYSE:NPCT) is a closed-end investment fund managed by Nuveen, the asset-management arm of TIAA. The fund seeks to provide investors with current income and long-term total return through a diversified portfolio of fixed-income securities.

The fund uses a core-plus strategy, which allows it to invest across a broad range of debt markets, including government and corporate bonds, mortgage- and asset-backed securities, municipal bonds, high-yield debt and securities issued in emerging markets.

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