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

Nuveen Core Plus Impact Fund (NYSE:NPCT) saw a large growth in short interest in 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 daily volume of 98,080 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On Nuveen Core Plus Impact Fund

A number of large investors have recently modified their holdings of NPCT. Royal Bank of Canada grew its position 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 valued at $874,000 after purchasing an additional 2,812 shares during the period. Petra Financial Advisors Inc. acquired a new position in Nuveen Core Plus Impact Fund during the first quarter worth $102,000. Assetmark Inc. lifted its stake 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 buying an additional 5,000 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of Nuveen Core Plus Impact Fund in the first quarter valued at $66,000. Finally, Private Advisor Group LLC grew its holdings in shares of 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 buying an additional 4,758 shares during the last quarter.

Nuveen Core Plus Impact Fund Stock Performance

Shares of NPCT opened at $9.69 on Friday. Nuveen Core Plus Impact Fund has a one year low of $9.65 and a one year high of $11.12. The stock has a 50-day moving average of $9.90 and a 200-day moving average of $10.17.

Nuveen Core Plus Impact Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Wednesday, July 15th will be issued a dividend of $0.0895 per share. The ex-dividend date is Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 11.1%.

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.