Nuveen Preferred Securities & Income Fund

Frequently Asked Questions About NPSFX

What does NPSFX invest in?

Under typical market conditions, this fund commits a minimum of 80% of its total net assets, inclusive of any borrowed capital for investment purposes, to preferred securities and various other income-generating instruments. The fund's advisor intends to allocate at least 25% of its portfolio to companies primarily operating within the financial services sector. Generally, at least half (50%) of its net assets will be invested in securities deemed investment grade, though the fund also has the discretion to invest up to 50% of its net assets in securities rated below investment grade.

What is the expense ratio of NPSFX?

Nuveen Preferred Securities & Income Fund (NPSFX) charges an expense ratio of 0.68%. This is the annual fee deducted from fund assets to cover management and operations.

What is NPSFX's dividend yield?

NPSFX's trailing-twelve-month yield is 6.03%, calculated from the sum of dividends over the past year divided by the current price.

How big is NPSFX?

Nuveen Preferred Securities & Income Fund (NPSFX) manages $6.08B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is NPSFX actively managed or an index fund?

NPSFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was NPSFX launched?

Nuveen Preferred Securities & Income Fund (NPSFX) launched in July 2016 and is managed by Nuveen.