NYSE:JPS

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Nuveen Preferred Securities Income Fund

Executive Summary

Nuveen Preferred Securities Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. More Details

Rewards


Snowflake Analysis

Share Price & News

How has Nuveen Preferred Securities Income Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: JPS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: JPS's weekly volatility has decreased from 8% to 2% over the past year.


Market Performance


7 Day Return

-2.4%

JPS

-2.6%

US Capital Markets

-3.6%

US Market


1 Year Return

2.0%

JPS

38.2%

US Capital Markets

36.5%

US Market

Return vs Industry: JPS underperformed the US Capital Markets industry which returned 38.1% over the past year.

Return vs Market: JPS underperformed the US Market which returned 36.4% over the past year.


Shareholder returns

JPSIndustryMarket
7 Day-2.4%-2.6%-3.6%
30 Day-0.5%8.2%2.7%
90 Day-1.2%16.2%7.5%
1 Year9.4%2.0%41.5%38.2%39.5%36.5%
3 Year22.3%-1.6%39.5%29.2%53.5%43.6%
5 Year49.2%3.1%140.6%110.9%117.5%93.2%

Long-Term Price Volatility Vs. Market

How volatile is Nuveen Preferred Securities Income Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Nuveen Preferred Securities Income Fund undervalued compared to its fair value and its price relative to the market?

2.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: JPS ($9.29) is trading below our estimate of fair value ($9.52)

Significantly Below Fair Value: JPS is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: JPS is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.

PE vs Market: JPS is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate JPS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: JPS is good value based on its PB Ratio (1x) compared to the US Capital Markets industry average (14.4x).

Future Growth

How is Nuveen Preferred Securities Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.8%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nuveen Preferred Securities Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Nuveen Preferred Securities Income Fund performed over the past 5 years?

3.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JPS is currently unprofitable.

Growing Profit Margin: JPS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: JPS is unprofitable, but has reduced losses over the past 5 years at a rate of 3.4% per year.

Accelerating Growth: Unable to compare JPS's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: JPS is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (9%).


Return on Equity

High ROE: JPS has a negative Return on Equity (-1.34%), as it is currently unprofitable.

Financial Health

How is Nuveen Preferred Securities Income Fund's financial position?


Financial Position Analysis

Short Term Liabilities: JPS's short term assets ($92.6M) do not cover its short term liabilities ($1.0B).

Long Term Liabilities: JPS's short term assets ($92.6M) exceed its long term liabilities ($79.0M).


Debt to Equity History and Analysis

Debt Level: JPS's debt to equity ratio (57.8%) is considered high.

Reducing Debt: JPS's debt to equity ratio has increased from 40% to 57.8% over the past 5 years.

Debt Coverage: JPS's debt is well covered by operating cash flow (22.7%).

Interest Coverage: JPS is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Dividend

What is Nuveen Preferred Securities Income Fund current dividend yield, its reliability and sustainability?

6.52%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: JPS's dividend (6.52%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: JPS's dividend (6.52%) is in the top 25% of dividend payers in the US market (3.77%)


Stability and Growth of Payments

Stable Dividend: JPS's dividends per share have been stable in the past 10 years.

Growing Dividend: JPS's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: JPS is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Management

How experienced are the management team and are they aligned to shareholders interests?

13.6yrs

Average board tenure


CEO

Nuveen Preferred Securities Income Fund has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
David Kundert
Independent Trustee16.08yrsUS$4.07kno data
William Adams
Interested Trustee7.42yrsno datano data
William Schneider
Chairman7.58yrsUS$5.04kno data
Robert Bremner
Independent Trustee25.08yrsUS$5.34kno data
Judith Stockdale
Independent Trustee24.08yrsUS$3.94kno data
Jack Evans
Independent Trustee22.08yrsUS$4.17kno data
Thomas Schreier
Interested Trustee7.42yrsno datano data
Virginia Stringer
Independent Trustee10.08yrsUS$3.70kno data
William Hunter
Independent Trustee17.08yrsUS$3.72kno data
Terence Toth
Independent Trustee13.08yrsUS$4.26kno data
John Nelson
Independent Trustee7.42yrsUS$3.03kno data
Carole Stone
Independent Trustee14.08yrsUS$4.11kno data

13.6yrs

Average Tenure

72.5yo

Average Age

Experienced Board: JPS's board of directors are seasoned and experienced ( 13.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nuveen Preferred Securities Income Fund's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Nuveen Preferred Securities Income Fund
  • 2 High Ridge Park
  • Suite 2
  • Stamford
  • Connecticut
  • 6905
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
JPSNYSE (New York Stock Exchange)YesCommon SharesUSUSDSep 2002

Biography

Nuveen Preferred Securities Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Spectrum Asset Management, Inc...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/01 01:25
End of Day Share Price2021/02/26 00:00
Earnings2020/07/31
Annual Earnings2020/07/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.