Nuveen Core Equity Alpha Fund (JCE)
Market Value | 247.54M |
Revenue (ttm) | n/a |
Net Income (ttm) | n/a |
Shares Out | 16.10M |
EPS (ttm) | n/a |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | $1.28 (8.32%) |
Ex-Dividend Date | Sep 13, 2024 |
Volume | 18,667 |
Open | 15.47 |
Previous Close | 15.44 |
Day's Range | 15.21 - 15.47 |
52-Week Range | 12.80 - 15.65 |
Beta | 1.14 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About JCE
Nuveen Core Equity Alpha Fund is a closed-ended equity mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC, Nuveen Asset Management, LLC, and INTECH Investment Management. It invests in the public equity markets of the United States. The fund also invests some portion of its portfolio in derivatives using futures and options. It invests in stocks of companies operating across diversified sectors. It primarily invests in stocks of large-cap companies with market capitalization within the range of S&... [Read more]
News
JCE: 5 Reasons Why I Would Not Hold This CEF
The Nuveen Core Equity Alpha Fund is a closed-end fund that employs a covered call selling strategy. The fund is rated a Hold by most Seeking Alpha analysts, but I disagree with this view. JCE has del...
JCE: 3 Reasons We're Avoiding This Equity CEF
The Nuveen Core Equity Alpha Fund invests in large cap U.S. stocks while selling call options to manage risk. The fund has delivered a positive return in 2024, but historically underperforms benchmark...
Six Nuveen Closed-End Funds Announce Availability of 19(a) Notices
NEW YORK--(BUSINESS WIRE)--The 19(a) distribution notices for six Nuveen closed-end funds are now available. These informational notices provide further details on the sources of the funds' regular qu...
JCE: Valuation Stays Around Fair Value
Nuveen Core Equity Alpha Fund provides exposure to large-cap companies and uses a call-writing strategy to generate options premiums for distributions and potentially dampen volatility. The JCE closed...
JCE: Falling Behind In A Low Vol World
Nuveen Core Equity Alpha Fund has underperformed the S&P 500 by almost 50% due to its option overlay strategy and low volatility levels. The low volatility environment has resulted in low option premi...
Closed-End Funds: Valuations Matter, A Revisit Of JCE
Nuveen Core Equity Alpha Fund had a volatile discount/premium to finish off last year, and it still remains fairly expensive. First Trust Enhanced Equity Income Fund and Voya Global Advantage and Prem...
This ‘Boring' Market Is Our Key To 10% Dividend Payouts
The "boring" truth is that what we've been seeing is nothing more than a transition from a panicked market to a more normal one.
5 Best CEFs To Buy This Month (June 2023)
For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or C...
Ten Nuveen Closed-End Funds Announce Availability of 19(a) Notices
NEW YORK--(BUSINESS WIRE)--The 19(a) distribution notices for ten Nuveen closed-end funds are now available. These informational notices provide further details on the sources of the funds' regular mo...
JCE: Portfolio Reconstruction Should Support Continued High Yield And Return
Nuveen Core Equity Alpha Fund pays a quarterly dividend, generating strong yield. This yield is likely sustainable over the long term, due to its current investment strategy. JCE is a closed-end fund ...
JCE: A "Hold" But Some Potential Alternatives
Since our previous update, JCE remains at a premium - even ticking up a bit. Some alternatives could exist with better valuations, such as FFA and IGA.
Weekly Closed-End Fund Roundup: BlackRock CEFs Repurchasing Shares (October 16, 2022)
0 out of 23 CEF sectors are positive on price and 0 out of 23 sectors are positive on NAV over the last week. BlackRock CEFs are repurchasing their shares.
JCE: Some Potential, But Looking For A Discount
JCE has declined along with the rest of the markets this year; it stubbornly hangs onto its premium valuation. The fund has generated alpha this year on a NAV basis, as its name implies, but it has on...
JCE: A CEF That Does What It Should
JCE is an equity focused closed end fund.
JCE: Strong 2021, But 2022 Could Be Tougher
JCE had an incredible total share price return in 2021, delivering over 47% to investors. This would be hard to replicate in 2022 as the fund's discount has disappeared and the fund trades at historic...
Nuveen Core Equity Alpha Fund Declares Distribution
NEW YORK--(BUSINESS WIRE)--The Nuveen Core Equity Alpha Fund (NYSE: JCE) today announced that, in addition to the fund's regular quarterly distribution, the fund has declared a special cash distributi...
JCE: Discount Disappears After A Strong Run
JCE joins the list of many other closed-end funds this year to trade at historically high valuations. This fund has touched premium levels in the past but only briefly.
JCE: Discount Narrowing But Still Attractive, 7.26% Distribution After Boost Earlier In 2021
Since we last covered JCE, the fund's discount has narrowed quite significantly. Valuation increasing is typically a negative, but the fund boosted its distribution earlier this year and the performan...
JCE: Nuveen's Efforts In A Call Writing Fund Looks Appealing
JCE offers a portfolio of mostly large-cap equity investments and writes index calls.