Nuveen Core Plus Impact Fund (NYSE:NPCT) Short Interest Down 76.8% in July

Nuveen Core Plus Impact Fund (NYSE:NPCT) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 17,694 shares, a decline of 76.8% from the July 15th total of 76,228 shares. Based on an average daily trading volume, of 136,246 shares, the days-to-cover ratio is currently 0.1 days.

Nuveen Core Plus Impact Fund Stock Down 1.2%

Shares of NPCT stock traded down $0.12 on Friday, hitting $9.76. 75,182 shares of the stock were exchanged, compared to its average volume of 128,321. Nuveen Core Plus Impact Fund has a one year low of $9.65 and a one year high of $11.12. The firm’s 50 day moving average is $9.86 and its two-hundred day moving average is $10.15.

Nuveen Core Plus Impact Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be issued a dividend of $0.0895 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) annualized dividend and a yield of 11.0%.

Hedge Funds Weigh In On Nuveen Core Plus Impact Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NPCT. Royal Bank of Canada increased its stake in shares of Nuveen Core Plus Impact Fund by 3.4% in the first quarter. Royal Bank of Canada now owns 85,784 shares of the company’s stock worth $874,000 after purchasing an additional 2,812 shares in the last quarter. Petra Financial Advisors Inc. bought a new position in Nuveen Core Plus Impact Fund in the 1st quarter worth approximately $102,000. Assetmark Inc. boosted its holdings in 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 worth $52,000 after buying an additional 5,000 shares during the period. Fifth Third Bancorp purchased a new position in Nuveen Core Plus Impact Fund in the 1st quarter valued at approximately $66,000. Finally, Private Advisor Group LLC raised its holdings in Nuveen Core Plus Impact Fund by 20.3% during the 1st quarter. Private Advisor Group LLC now owns 28,231 shares of the company’s stock valued at $288,000 after acquiring an additional 4,758 shares during the period.

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.