Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
Nuveen Preferred Secs & Inc C NPSCX
- NAV / 1-Day Return 15.01 / −0.12 %
- Total Assets 4.4 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.760%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Preferred Stock
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 3,000
- Status Open
- TTM Yield 4.88%
- Effective Duration 3.48 years
USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0
Morningstar’s Analysis NPSCX
Will NPSCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 11.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
HSBC Holdings PLC 6.38% | 1.75 | 75.4 Mil | Corporate |
JPMorgan Chase & Co DR | 1.46 | 62.8 Mil | Financial Services |
Assured Guaranty Municipal Holdings Inc 6.4% | 1.42 | 61.1 Mil | Corporate |
Assurant Inc. 7% | 1.21 | 52.3 Mil | Corporate |
Societe Generale S.A. 10% | 1.16 | 50.0 Mil | Corporate |
Farm Credit Bank of Texas Class B | 1.15 | 49.7 Mil | Corporate |
Citigroup Inc. 5.95% | 1.14 | 49.3 Mil | Corporate |
Barclays PLC 8% | 1.13 | 48.8 Mil | Corporate |
SBL Holdings Inc. 7% | 1.12 | 48.2 Mil | Corporate |
Deutsche Bank AG 6% | 1.11 | 48.0 Mil | Corporate |