Nuveen Core Plus Impact Fund (NYSE:NPCT) to Issue Monthly Dividend of $0.12

Nuveen Core Plus Impact Fund (NYSE:NPCT) announced a monthly dividend on Thursday, January 2nd,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.119 per share on Monday, February 3rd. This represents a $1.43 annualized dividend and a yield of 13.40%. The ex-dividend date is Wednesday, January 15th.

Nuveen Core Plus Impact Fund Price Performance

Shares of Nuveen Core Plus Impact Fund stock traded up $0.05 during mid-day trading on Friday, reaching $10.66. 112,750 shares of the stock traded hands, compared to its average volume of 191,675. The business has a 50-day moving average of $11.09 and a 200 day moving average of $11.29. Nuveen Core Plus Impact Fund has a fifty-two week low of $9.86 and a fifty-two week high of $11.97.

Insider Buying and Selling

In related news, major shareholder Saba Capital Management, L.P. sold 21,029 shares of the business’s stock in a transaction dated Thursday, November 14th. The shares were sold at an average price of $11.21, for a total transaction of $235,735.09. Following the transaction, the insider now directly owns 3,368,560 shares in the company, valued at approximately $37,761,557.60. The trade was a 0.62 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Over the last ninety days, insiders sold 340,047 shares of company stock worth $3,838,178.