Nuveen Pref & Income Securities Fund (NYSE:JPS)
- Market Cap$1.710bn
- AIC sector-
- Manager GroupNuveen
The Fund seeks primarily to offer high current income consistent with capital preservation. The Fund invests at least 80% of its managed asset in preferred and other income-producing securities, including hybrid securities such as contingent capital securities. At least 50% is invested in securities that are rated investment grade. The Fund uses leverage.