The Nuveen Core Plus Impact Fund (NYSE: NPCT) announced an initial monthly managed distribution of $0.1030 per share, effective as of June 1, 2021. The record date for this distribution is June 15, 2021, with an ex-dividend date of June 14, 2021. The fund aims to provide consistent cash flow through systematic distributions, sourcing funds from net investment income, realized gains, or return of capital. Notably, the distribution rate represents 6.18% based on the IPO price, emphasizing the fund's focus on income-oriented investments.
Nuveen has launched the Nuveen Core Plus Impact Fund (NYSE: NPCT) with an initial public offering raising $575 million, potentially reaching $661 million with underwriters' options. The fund aims for total returns through high income and capital appreciation by investing in fixed-income across social and environmental themes, focusing on ESG leadership. Managing over $15 billion in ESG assets, Nuveen addresses growing investor demand for responsible investment opportunities.