Short Interest in Nuveen Core Plus Impact Fund (NYSE:NPCT) Decreases By 90.9%

Nuveen Core Plus Impact Fund (NYSE:NPCT) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 15,520 shares, a decline of 90.9% from the May 14th total of 169,943 shares. Based on an average daily volume of 144,503 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Osaic Holdings Inc. boosted its holdings in Nuveen Core Plus Impact Fund by 1.6% in the fourth quarter. Osaic Holdings Inc. now owns 77,467 shares of the company’s stock worth $789,000 after acquiring an additional 1,186 shares in the last quarter. SeaCrest Wealth Management LLC increased its stake in Nuveen Core Plus Impact Fund by 6.1% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 44,415 shares of the company’s stock valued at $483,000 after purchasing an additional 2,568 shares in the last quarter. Royal Bank of Canada increased 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 valued at $874,000 after purchasing an additional 2,812 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in Nuveen Core Plus Impact Fund during the 1st quarter valued at $49,000. Finally, Captrust Financial Advisors increased its stake in Nuveen Core Plus Impact Fund by 1.0% during the 2nd quarter. Captrust Financial Advisors now owns 493,051 shares of the company’s stock valued at $5,527,000 after purchasing an additional 4,689 shares in the last quarter.

Nuveen Core Plus Impact Fund Trading Up 0.5%

NPCT traded up $0.05 during midday trading on Tuesday, hitting $9.87. The company had a trading volume of 128,876 shares, compared to its average volume of 136,420. Nuveen Core Plus Impact Fund has a 52 week low of $9.78 and a 52 week high of $11.31. The stock’s 50 day moving average price is $10.23 and its 200 day moving average price is $10.29.

Nuveen Core Plus Impact Fund Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a $0.0895 dividend. The ex-dividend date is Monday, June 15th. This represents a c) annualized dividend and a yield of 10.9%.

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.