Nuveen Investments, an operating division of TIAA Global Asset Management, today announced that Nuveen Preferred Securities Income Fund (NYSE: JPS) has declared its first post-merger monthly distribution. The distribution amount reflects the fund’s new investment mandate and initial progress in transitioning to that mandate.
The following dates apply to today’s distribution declarations:
Record Date: June 15, 2016 | ||||||||
Ex-Dividend Date: June 13, 2016 | ||||||||
Payable Date: July 1, 2016 | ||||||||
Reinvest Date: July 1, 2016 | ||||||||
Taxable Distribution | Annualized Yield on | Annualized Yield on | ||||||
Ticker | Fund Name | Per Share | Market Value* | NAV* | ||||
JPS | Nuveen Preferred Securities Income | $.0590 | 7.83% | 7.59% | ||||
*Monthly distribution amount, annualized, divided by closing market price / NAV on May 9, 2016.
JPS has adopted an income only distribution program. Distributions are sourced entirely from net investment income, unless noted otherwise.
Nuveen provides investment solutions designed to help secure the long-term goals of individual investors and the financial advisors who serve them. Through the expertise and capabilities of TIAA Global Asset Management’s high-caliber investment managers, Nuveen is committed to providing world-class consultative services and advice that align with client needs. Funds distributed by Nuveen Securities, LLC, a subsidiary of Nuveen Investments, Inc. Nuveen Investments is an operating division of TIAA Global Asset Management. For more information, please visit the Nuveen Investments website at www.nuveen.com.
16226-INV-O-05/17
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