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Nuveen Preferred Securities Income Fund NYSE:JPS Stock Report

Last Price

US$6.21

Market Cap

US$1.3b

7D

4.4%

1Y

-9.6%

Updated

07 Nov, 2023

Data

Company Financials

Nuveen Preferred Securities Income Fund

NYSE:JPS Stock Report

Market Cap: US$1.3b

JPS Stock Overview

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

JPS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends4/6

Nuveen Preferred Securities Income Fund Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Nuveen Preferred Securities Income Fund
Historical stock prices
Current Share PriceUS$6.21
52 Week HighUS$7.71
52 Week LowUS$5.80
Beta0.86
1 Month Change4.55%
3 Month Change-4.90%
1 Year Change-9.61%
3 Year Change-32.35%
5 Year Change-27.03%
Change since IPO-58.68%

Recent News & Updates

Recent updates

JPS: Positioned For Stable To Rising Rates, Distribution Sustainability Is Uncertain

Sep 25

JPS: Providing Income To Support Your Lifestyle

Jul 07

JPS: It May Make Sense To Accumulate A Position In This Affordable CEF

Feb 22

Nuveen Preferred & Income Securities Fund declares $0.0405 dividend

Feb 07

Nuveen Preferred & Income Securities Fund decreases monthly dividend by -6.9% to $0.0405/share

Jan 11

Nuveen Preferred & Income Securities Fund declares $0.0435 dividend

Dec 06

Nuveen Preferred & Income Securities Fund declares $0.0435 dividend

Nov 04

Nuveen Preferred & Income Securities Fund declares $0.0435 dividend

Oct 06

JPS: Strong-Yielder CEF Trading At A Discount

Sep 23

Nuveen Preferred & Income Securities Fund declares $0.0435 dividend

Aug 08

JPS: A Healthy Blend Of Junk And Income

Jul 06

JPS: Watch For Recurring Buying Opportunities

Feb 10

JPS: A Very Appealing 6% Yielding CEF

Aug 30

Nuveen Preferred & Income Securities Fund declares $0.0505 dividend

May 07

Nuveen Preferred & Income Securities Fund declares $0.0505 dividend

Feb 04

Nuveen Preferred & Income Securities Fund declares $0.0505 dividend

Jan 05

Nuveen Preferred & Income Securities Fund declares $0.0505 dividend

Dec 02

JPS: A Look At This 6.6% Yielding Preferred Share Fund

Nov 10

Nuveen Preferred & Income Securities Fund declares $0.0505 dividend

Nov 03

Shareholder Returns

JPSUS Capital MarketsUS Market
7D4.4%-0.7%-0.8%
1Y-9.6%34.0%26.6%

Return vs Industry: JPS underperformed the US Capital Markets industry which returned 8% over the past year.

Return vs Market: JPS underperformed the US Market which returned 14.1% over the past year.

Price Volatility

Is JPS's price volatile compared to industry and market?
JPS volatility
JPS Average Weekly Movement1.9%
Capital Markets Industry Average Movement3.3%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: JPS has not had significant price volatility in the past 3 months.

Volatility Over Time: JPS's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002n/an/ahttps://www.nuveen.com/CEF/Product/Overview.aspx?fundcode=JPS

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. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade preferred debt securities, convertible debt securities, and convertible preferred securities that are rated BBB/Baa or better by S&P, Moody's, or Fitch. It was formerly known as Nuveen Quality Preferred Income Fund 2.

Nuveen Preferred Securities Income Fund Fundamentals Summary

How do Nuveen Preferred Securities Income Fund's earnings and revenue compare to its market cap?
JPS fundamental statistics
Market capUS$1.28b
Earnings (TTM)-US$57.37m
Revenue (TTM)US$150.04m

8.5x

P/S Ratio

-22.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JPS income statement (TTM)
RevenueUS$150.04m
Cost of RevenueUS$0
Gross ProfitUS$150.04m
Other ExpensesUS$207.40m
Earnings-US$57.37m

Last Reported Earnings

Jul 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.28
Gross Margin100.00%
Net Profit Margin-38.24%
Debt/Equity Ratio55.0%

How did JPS perform over the long term?

See historical performance and comparison

Dividends

7.3%

Current Dividend Yield

-176%

Payout Ratio
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