As of June 10, 2025, Nuveen Preferred Securities & Income Opportunities Fund (JPI) reports a Current Ratio of 0.18.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Nuveen Preferred Securities & Income Opportunities Fund's Current Ratio
Over recent years, Nuveen Preferred Securities & Income Opportunities Fund's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-07-31 | 0.18 |
| 2023-07-31 | 0.18 |
| 2022-07-31 | 0.14 |
| 2021-07-31 | 0.18 |
| 2020-07-31 | 0.21 |
This slight upward trend highlights how Nuveen Preferred Securities & Income Opportunities Fund manages its short-term assets and liabilities over time.
Comparing Nuveen Preferred Securities & Income Opportunities Fund's Current Ratio to Peers
To better understand Nuveen Preferred Securities & Income Opportunities Fund's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Nuveen Preferred Securities & Income Opportunities Fund (JPI) | 0.18 |
| Economic Investment Trust Ltd (EVT.TO) | 11.96 |
| Nuveen Intermediate Duration Municipal Term Fund (NID) | 10.09 |
| Flaherty & Crumrine Dynamic Preferred and Income Fund Inc (DFP) | 3.56 |
| Invesco California Value Municipal Income Trust (VCV) | 2.77 |
| Templeton Global Income Fund (GIM) | 2.53 |
Compared to its competitors, Nuveen Preferred Securities & Income Opportunities Fund's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.