Nuveen Core Plus Impact Fund Declares $0.0895 Monthly Dividend
The Nuveen Core Plus Impact Fund (NPCT) has declared a monthly dividend of $0.0895 per share, representing an annualized yield of approximately 11.83%. The payment is scheduled for November 2 and will be distributed to shareholders on record as of October 15; the ex-dividend date also falls on October 15. This dividend announcement comes amid ongoing discussions about NPCT's financial strategy, including concerns over high leverage and potential future reductions in distributions. Analysts have previously suggested that further cuts may still be likely due to market conditions affecting the fund’s performance. The Nuveen Core Plus Impact Fund is one of five funds undergoing a name change as part of broader rebranding efforts by Nuveen, reflecting strategic shifts within its portfolio offerings.
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