Nuveen Preferred and Income is registered as a non-diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of current income and total return by investing at least 80% of its managed assets in preferred and other income-producing securities. We show 1 historical shares outstanding datapoints in our coverage of JPT's shares outstanding history.
Understanding the changing numbers of JPT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like JPT versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching JPT by allowing them to research JPT shares outstanding history
as well as any other stock in our coverage universe. |