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

Nuveen Core Plus Impact Fund (NYSE:NPCT) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 8,004 shares, a decline of 54.8% from the July 30th total of 17,694 shares. Based on an average trading volume of 98,109 shares, the short-interest ratio is presently 0.1 days.

Nuveen Core Plus Impact Fund Stock Performance

Shares of NPCT traded up $0.03 during mid-day trading on Friday, hitting $9.69. 109,989 shares of the company’s stock were exchanged, compared to its average volume of 126,964. The firm has a fifty day moving average of $9.83 and a two-hundred day moving average of $10.10. Nuveen Core Plus Impact Fund has a twelve month low of $9.62 and a twelve month high of $11.12.

Nuveen Core Plus Impact Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be given a dividend of $0.0895 per share. This represents a c) annualized dividend and a yield of 11.1%. The ex-dividend date of this dividend is Friday, August 14th.

Institutional Trading of Nuveen Core Plus Impact Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Readystate Asset Management LP bought a new stake in shares of Nuveen Core Plus Impact Fund during the 2nd quarter worth about $248,000. Ameritas Advisory Services LLC acquired a new position in shares of Nuveen Core Plus Impact Fund during the 2nd quarter valued at about $84,000. Royal Bank of Canada raised 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 in the last quarter. Petra Financial Advisors Inc. bought a new position in shares of Nuveen Core Plus Impact Fund in the 1st quarter valued at approximately $102,000. Finally, Assetmark Inc. lifted its holdings in Nuveen Core Plus Impact Fund by 8,620.7% in the 1st quarter. Assetmark Inc. now owns 5,058 shares of the company’s stock worth $52,000 after purchasing an additional 5,000 shares during the last quarter.

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.