Nuveen Core Plus Impact Fund (NYSE:NPCT) Short Interest Down 76.8% in July

Nuveen Core Plus Impact Fund (NYSE:NPCT) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 17,694 shares, a drop of 76.8% from the July 15th total of 76,228 shares. Based on an average daily volume of 136,246 shares, the short-interest ratio is currently 0.1 days.

Nuveen Core Plus Impact Fund Trading Up 0.2%

NYSE:NPCT traded up $0.02 during trading hours on Thursday, reaching $9.85. 75,192 shares of the company’s stock were exchanged, compared to its average volume of 128,666. Nuveen Core Plus Impact Fund has a 12 month low of $9.65 and a 12 month high of $11.12. The business’s 50-day simple moving average is $9.87 and its two-hundred day simple moving average is $10.15.

Nuveen Core Plus Impact Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be given a $0.0895 dividend. The ex-dividend date is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 10.9%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Geneos Wealth Management Inc. purchased a new position in Nuveen Core Plus Impact Fund during the 1st quarter valued at about $49,000. Assetmark Inc. grew its position in Nuveen Core Plus Impact Fund by 8,620.7% during 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 in the last quarter. Fifth Third Bancorp acquired a new position in Nuveen Core Plus Impact Fund in the 1st quarter valued at approximately $66,000. Global Retirement Partners LLC purchased a new stake in Nuveen Core Plus Impact Fund in the 4th quarter worth approximately $92,000. Finally, US Bancorp DE acquired a new stake in shares of Nuveen Core Plus Impact Fund during the 3rd quarter valued at $101,000.

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.