Nuveen Core Plus Impact Fund (NYSE:NPCT) to Issue Monthly Dividend of $0.09

Nuveen Core Plus Impact Fund (NYSE:NPCT) declared a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be given a dividend of 0.0895 per share on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 10.6%. The ex-dividend date is Monday, June 15th.

Nuveen Core Plus Impact Fund Price Performance

NPCT opened at $10.09 on Tuesday. Nuveen Core Plus Impact Fund has a 1 year low of $9.80 and a 1 year high of $11.31. The firm has a 50 day moving average price of $10.24 and a 200 day moving average price of $10.32.

Institutional Investors Weigh In On Nuveen Core Plus Impact Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its holdings 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 acquiring an additional 2,812 shares during the last quarter. Petra Financial Advisors Inc. acquired a new position in Nuveen Core Plus Impact Fund in the first quarter worth approximately $102,000. Assetmark Inc. grew its position in 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 worth $52,000 after buying an additional 5,000 shares during 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 lifted its position in shares of Nuveen Core Plus Impact Fund by 20.3% during the 1st quarter. Private Advisor Group LLC now owns 28,231 shares of the company’s stock valued at $288,000 after acquiring an additional 4,758 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.