Walter Kelly - Nuveen Preferred Vice President, Chief Compliance Officer

JPSDelisted Fund  USD 6.41  0.00  0.00%   
Walter Kelly is Fund Manager at Nuveen Preferred Securites
Mr. Walter M. Kelly serves as Vice President, Chief Compliance Officer of Nuveen Quality Preferred Income Fund 2. He was Senior Vice President of Nuveen Investments Holdings, Inc.
Age 49
Phone203-322-0189
Webhttps://www.nuveen.com/CEF/Product/Overview.aspx?fundcode=JPS

Walter Kelly Latest Insider Activity

Tracking and analyzing the buying and selling activities of Walter Kelly against Nuveen Preferred fund is an integral part of due diligence when investing in Nuveen Preferred. Walter Kelly insider activity provides valuable insight into whether Nuveen Preferred is net buyers or sellers over its current business cycle. Note, Nuveen Preferred insiders must abide by specific rules, including filing SEC forms every time they buy or sell Nuveen Preferred'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
 
Walter Kelly over two months ago
Insider Trading

Nuveen Preferred Management Performance (%)

The company has Return on Asset of 2.75 % which means that on every $100 spent on assets, it made $2.75 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (11.77) %, meaning that it generated no profit with money invested by stockholders. Nuveen Preferred's management efficiency ratios could be used to measure how well Nuveen Preferred manages its routine affairs as well as how well it operates its assets and liabilities.
Nuveen Preferred Securites has 1.04 B in debt with debt to equity (D/E) ratio of 0.62, which is OK given its current industry classification. Nuveen Preferred Sec has a current ratio of 0.09, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Nuveen Preferred until it has trouble settling it off, either with new capital or with free cash flow. So, Nuveen Preferred's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nuveen Preferred Sec sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nuveen to invest in growth at high rates of return. When we think about Nuveen Preferred's use of debt, we should always consider it together with cash and equity.

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Nuveen Preferred Securities Income Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. Nuveen Preferred Securities Income Fund was formed on June 24, 2002 and is domiciled in the United States. Nuveen Quality operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The fund is not classified under any group at the present time.

Management Performance

Nuveen Preferred Sec Leadership Team

Elected by the shareholders, the Nuveen Preferred's board of directors comprises two types of representatives: Nuveen Preferred inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nuveen. The board's role is to monitor Nuveen Preferred's management team and ensure that shareholders' interests are well served. Nuveen Preferred's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nuveen Preferred's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Winget, Vice President Assistant Secretary
Robert Young, Independent Director
E Wickerham, Vice President Controller
Deann Morgan, Vice President
Jack Evans, Independent Director
David Lamb, Chief Administrative Officer
Mark Czarniecki, Vice President Assistant Secretary
Cedric Antosiewicz, Chief Administrative Officer
Judith Stockdale, Independent Director
William Siffermann, Vice President
William Meyers, Vice President
Michael Perry, Vice President
Jacques Longerstaey, Vice President
Matthew Thornton, Independent Director
Margaret Wolff, Independent Director
Brian Lockhart, Vice President
Diana Gonzalez, Vice President Assistant Secretary
Gifford Zimmerman, Chief Compliance Officer, Vice President
Nathaniel Jones, Vice President Treasurer
Terence Toth, Independent Chairman of the Board
Carole Stone, Independent Director
Jon Meissner, Vice President, Assistant Secretary
Christopher Rohrbacher, Vice President Assistant Secretary
Walter Kelly, Vice President, Chief Compliance Officer
John Nelson, Independent Director
Albin Moschner, Independent Director
Kevin McCarthy, Vice President, Assistant Secretary
William Hunter, Independent Director
Tina Lazar, Vice President

Nuveen Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Nuveen Preferred a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

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Other Consideration for investing in Nuveen Fund

If you are still planning to invest in Nuveen Preferred Sec check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nuveen Preferred's history and understand the potential risks before investing.
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