Short Interest in Nuveen Core Plus Impact Fund (NYSE:NPCT) Increases By 69.4%

Nuveen Core Plus Impact Fund (NYSE:NPCT) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 76,228 shares, a growth of 69.4% from the June 30th total of 45,002 shares. Based on an average trading volume of 98,080 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Trading of Nuveen Core Plus Impact Fund

Hedge funds have recently modified their holdings of the company. Geneos Wealth Management Inc. bought a new stake in shares of Nuveen Core Plus Impact Fund in the 1st quarter valued at about $49,000. Assetmark Inc. raised its stake in shares of Nuveen Core Plus Impact Fund by 8,620.7% during the 1st quarter. Assetmark Inc. now owns 5,058 shares of the company’s stock worth $52,000 after acquiring an additional 5,000 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of Nuveen Core Plus Impact Fund during the 1st quarter worth approximately $66,000. Global Retirement Partners LLC purchased a new stake in Nuveen Core Plus Impact Fund during the fourth quarter valued at approximately $92,000. Finally, US Bancorp DE purchased a new stake in Nuveen Core Plus Impact Fund during the third quarter valued at approximately $101,000.

Nuveen Core Plus Impact Fund Price Performance

NPCT opened at $9.72 on Friday. Nuveen Core Plus Impact Fund has a 12 month low of $9.68 and a 12 month high of $11.12. The stock has a fifty day moving average price of $9.91 and a 200-day moving average price of $10.18.

Nuveen Core Plus Impact Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Wednesday, July 15th will be paid a $0.0895 dividend. This represents a c) annualized dividend and a yield of 11.0%. The ex-dividend date is Wednesday, July 15th.

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.