Nuveen Preferred Securities & Income Fund Class A (NPSAX)
| Fund Assets | 5.04B |
| Expense Ratio | 1.03% |
| Min. Investment | $3,000 |
| Turnover | 22.00% |
| Dividend (ttm) | 0.88 |
| Dividend Yield | 5.31% |
| Dividend Growth | 1.85% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 15.80 |
| YTD Return | 4.66% |
| 1-Year Return | 7.83% |
| 5-Year Return | 27.23% |
| 52-Week Low | 15.06 |
| 52-Week High | 15.82 |
| Beta (5Y) | 0.29 |
| Holdings | 230 |
| Inception Date | Dec 19, 2006 |
About NPSAX
Nuveen Preferred Securities and Income Fund Class A is a mutual fund designed to deliver a high level of current income and total return by investing primarily in preferred securities and other income-generating assets. Its core strategy mandates that at least 80% of assets are allocated to preferred securities, spanning both $25 par retail and $1000 par institutional issues from U.S. and international issuers. The fund diversifies across the credit quality spectrum, maintaining a minimum of 50% in investment-grade securities while permitting up to 50% in below-investment-grade holdings. A notable portion—at least 25%—is typically invested in companies primarily engaged in the financial services sector, reflecting the concentration of preferred securities in this industry. Through this approach, the fund provides investors with exposure to a distinct asset class that can offer diversified income and stability relative to common equities, making it a significant component for those seeking steady distributable income within the broader fixed-income universe.
Performance
NPSAX had a total return of 7.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.87%.
Top 10 Holdings
16.66% of assets| Name | Symbol | Weight |
|---|---|---|
| State Str Navigator Secs Lending Tr | n/a | 2.32% |
| Barclays PLC 9.63% | BACR.V9.625 PERP | 2.08% |
| Banco Santander, S.A. 9.63% | SANTAN.V9.625 PERP _ | 1.76% |
| Credit Agricole S.A. 6.7% | ACAFP.V6.7 PERP 144A | 1.72% |
| SBL Holdings Inc. 9.51% | SECBEN.V9.508 PERP 144A | 1.67% |
| NatWest Group PLC 8.13% | NWG.V8.125 PERP | 1.54% |
| JPMorgan Chase & Co. 6.88% | JPM.V6.875 PERP NN | 1.49% |
| UBS Group AG 9.25% | UBS.V9.25 PERP 144A | 1.39% |
| Bank of Montreal 7.3% | BMO.V7.3 11.26.84 | 1.38% |
| BNP Paribas SA 7.75% | BNP.V7.75 PERP 144A | 1.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.075 | Jul 1, 2025 |
| May 30, 2025 | $0.075 | Jun 2, 2025 |
| Apr 30, 2025 | $0.073 | May 1, 2025 |
| Mar 31, 2025 | $0.073 | Apr 1, 2025 |
| Feb 28, 2025 | $0.073 | Mar 3, 2025 |
| Jan 31, 2025 | $0.073 | Feb 3, 2025 |