STOCK TITAN

Nuveen Corporate Income 2023 Target Term Fund - JHAA STOCK NEWS

Welcome to our dedicated page for Nuveen Corporate Income 2023 Target Term Fund news (Ticker: JHAA), a resource for investors and traders seeking the latest updates and insights on Nuveen Corporate Income 2023 Target Term Fund stock.

Nuveen Corporate Income 2023 Target Term Fund (symbol: JHAA) is a specialized investment vehicle designed to offer a targeted corporate income strategy. As a part of Nuveen, one of the world's largest asset managers, JHAA focuses on providing consistent income generation and portfolio diversification for its investors. The fund aims to invest in a diversified portfolio of corporate debt securities, with a specific maturity date of December 31, 2023.

Nuveen, with a legacy of over 100 years, serves institutions, financial intermediaries, and individual investors across more than 30 countries. The company’s investment approach is characterized by a blend of deep expertise, diversified thought, and a network of specialized investment teams. This enables Nuveen to craft outcome-focused solutions that help investors achieve their financial goals.

Core Business and Investment Strategy

JHAA's core business revolves around investing in a broad spectrum of corporate debt instruments. The fund's objective is to return the original NAV (net asset value) to shareholders on or about the termination date, while providing regular income distributions throughout its lifespan. This targeted term structure is designed to mitigate interest rate risk and align with the financial planning needs of its investors.

Recent Achievements and Current Projects

In recent years, JHAA has successfully navigated various market conditions, striving to maintain its income generation capabilities. The fund's diversified portfolio includes high-quality corporate bonds and investment-grade securities, providing a balance of risk and return. Continuous monitoring and tactical adjustments by Nuveen’s experienced management team ensure that JHAA remains aligned with its investment objectives.

Financial Condition and Partnerships

Nuveen’s robust financial condition and strategic partnerships enhance the fund's ability to manage risks and capitalize on investment opportunities. Collaboration with financial advisors and consultants allows for the creation of tailored investment solutions, while the backing of TIAA adds an additional layer of stability and confidence for investors.

Products and Services

Beyond its primary focus on corporate income, Nuveen offers a wide range of investment products and services. These include alternative investments, responsible investing options, and public and private asset classes. This comprehensive suite of offerings ensures that investors have access to diversified investment strategies tailored to meet their unique financial objectives.

Nuveen's commitment to innovation and its award-winning capabilities in income generation position JHAA as a reliable choice for investors seeking targeted corporate income solutions. As the fund approaches its target term date, investors can expect continued strategic management aimed at achieving the fund’s income and capital preservation goals.

Rhea-AI Summary
Nuveen Corporate Income 2023 Target Term Fund (JHAA) completed its termination and liquidation on December 1, 2023. The fund was launched on December 18, 2018, with investment objectives to provide a high level of current income and to return the original net asset value (Original NAV) of $9.875 per common share upon termination.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Nuveen Corporate Income 2023 Target Term Fund announces details of its liquidation
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
none

FAQ

What is the market cap of Nuveen Corporate Income 2023 Target Term Fund (JHAA)?

The market cap of Nuveen Corporate Income 2023 Target Term Fund (JHAA) is approximately 74.6M.

What is Nuveen Corporate Income 2023 Target Term Fund (JHAA)?

JHAA is a specialized fund focused on investing in corporate debt securities with a maturity date of December 31, 2023, aiming to provide consistent income and capital preservation.

What is the investment objective of JHAA?

The primary objective of JHAA is to offer regular income distributions while aiming to return the original net asset value (NAV) to shareholders by the termination date.

What types of securities does JHAA invest in?

JHAA invests in a diversified portfolio of corporate debt instruments, predominantly high-quality corporate bonds and investment-grade securities.

How does JHAA manage interest rate risk?

JHAA's targeted term structure helps mitigate interest rate risk by aligning its maturity date with the financial planning needs of investors, reducing sensitivity to interest rate fluctuations.

Who manages the JHAA fund?

The fund is managed by Nuveen’s experienced team of investment professionals, who continuously monitor and adjust the portfolio to meet its investment objectives.

What makes Nuveen a reliable investment manager?

Nuveen’s over 100-year legacy, extensive expertise, and strategic partnerships with financial advisors and consultants make it a trusted manager in income generation and diversified investment solutions.

How does Nuveen ensure the stability of JHAA?

Nuveen leverages its robust financial condition and the backing of TIAA to enhance the stability and confidence in managing JHAA, ensuring alignment with its investment goals.

What other investment solutions does Nuveen offer?

Nuveen provides a broad range of investment products, including alternative investments, responsible investing options, and both public and private asset classes.

How does JHAA align with Nuveen's investment philosophy?

JHAA embodies Nuveen's commitment to innovation, strategic income generation, and risk management, reflecting its broader investment philosophy of creating outcome-focused solutions for investors.

What can investors expect as JHAA approaches its termination date?

As JHAA nears its target term date, investors can expect continued strategic management aimed at maintaining income distributions and preserving capital, in line with the fund’s objectives.

Nuveen Corporate Income 2023 Target Term Fund

NYSE:JHAA

JHAA Rankings

JHAA Stock Data

74.64M
19.73%
0.07%
Link
United States
Chicago