Nuveen Core Plus Impact Fund (NYSE:NPCT) Short Interest Update

Nuveen Core Plus Impact Fund (NYSE:NPCT) was the target of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 8,004 shares, a drop of 54.8% from the July 30th total of 17,694 shares. Based on an average daily volume of 98,109 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Nuveen Core Plus Impact Fund

A number of hedge funds have recently modified their holdings of NPCT. Ameritas Advisory Services LLC purchased a new stake in shares of Nuveen Core Plus Impact Fund during the 2nd quarter worth about $84,000. Royal Bank of Canada lifted its holdings in shares of 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 valued at $874,000 after buying an additional 2,812 shares during the last quarter. Assetmark Inc. grew its stake in shares of Nuveen Core Plus Impact Fund by 8,620.7% in the 1st quarter. Assetmark Inc. now owns 5,058 shares of the company’s stock valued at $52,000 after buying an additional 5,000 shares in the last quarter. Fifth Third Bancorp bought a new stake in shares of Nuveen Core Plus Impact Fund in the 1st quarter valued at approximately $66,000. Finally, Mercer Global Advisors Inc. ADV acquired a new position in Nuveen Core Plus Impact Fund in the third quarter worth approximately $118,000.

Nuveen Core Plus Impact Fund Stock Performance

NPCT traded up $0.03 on Friday, reaching $9.69. 109,989 shares of the company traded hands, compared to its average volume of 126,964. The stock’s 50 day moving average price is $9.83 and its 200-day moving average price is $10.10. Nuveen Core Plus Impact Fund has a 52-week low of $9.62 and a 52-week high of $11.12.

Nuveen Core Plus Impact Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be paid a dividend of $0.0895 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 11.1%.

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.