# Nuveen Preferred Securities & Income Fund (NPSFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/npsfx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Nuveen · Asset class: Equity - Strategy: Thematic · Inception: 2016-07-05 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. ## Key Facts | Metric | Value | |---|---| | Price | $15.49 | | Expense Ratio | 0.68% | | Assets Under Management | $5.99B | | NAV | $15.49 | | Holdings Count | — | | Distribution Yield (TTM) | 6.26% | | Annual Distribution (TTM) | $0.97 /share | | Distribution Frequency | Monthly | | 52-Week Range | $15.49 – $16.44 | | Beta | 0.64 | ## Latest Distribution - Amount: $0.0825 /share - Ex-date: 2026-10-30 - Pay date: 2026-11-02 ## Frequently Asked Questions ### 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 6.26%, 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 $5.99B 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. ### Does NPSFX pay a dividend? Yes, Nuveen Preferred Securities & Income Fund (NPSFX) distributes dividends to shareholders. The trailing-twelve-month yield is 6.26%. Full dividend history is on this page. ### How often does NPSFX pay dividends? Nuveen Preferred Securities & Income Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is NPSFX's next ex-dividend date? The most recently announced ex-dividend date for NPSFX was 2026-10-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will NPSFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.68% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does NPSFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from NPSFX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does NPSFX cost more than a fund like VOO? NPSFX's strategy (current expense ratio 0.68%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where NPSFX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to NPSFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as NPSFX (0.68%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/npsfx - Distribution history: https://www.dividenddata.com/funds/npsfx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/npsfx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/npsfx/expenses - Peer comparison: https://www.dividenddata.com/funds/npsfx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.