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

Nuveen Core Plus Impact Fund (NYSE:NPCT) declared a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be given a dividend of 0.0895 per share on Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 10.7%. The ex-dividend date of this dividend is Wednesday, July 15th.

Nuveen Core Plus Impact Fund Stock Performance

Shares of NPCT stock opened at $10.07 on Thursday. The business has a fifty day moving average of $10.11 and a 200 day moving average of $10.23. Nuveen Core Plus Impact Fund has a 1 year low of $9.78 and a 1 year high of $11.31.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of NPCT. Mercer Global Advisors Inc. ADV purchased a new stake in Nuveen Core Plus Impact Fund in the third quarter valued at approximately $118,000. US Bancorp DE purchased a new position in Nuveen Core Plus Impact Fund during the 3rd quarter worth approximately $101,000. Royal Bank of Canada raised its position 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 worth $874,000 after buying an additional 2,812 shares during the last quarter. Fifth Third Bancorp acquired a new stake in Nuveen Core Plus Impact Fund during the 1st quarter valued at approximately $66,000. Finally, Assetmark Inc. lifted its stake in Nuveen Core Plus Impact Fund by 8,620.7% during the 1st quarter. Assetmark Inc. now owns 5,058 shares of the company’s stock valued at $52,000 after acquiring an additional 5,000 shares during the period.

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.