JPC (Nuveen Preferred &ome Opportunities Fund) Debt-to-Equity: 0.45 (As of Jan. 2026) — 13% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JPC Nuveen Preferred & Income Opportunities Fund JPC
28 GF Score
Price $7.83
! 7 Warning Signs
View Full Analysis

What is Nuveen Preferred &ome Opportunities Fund Debt-to-Equity?

Nuveen Preferred &ome Opportunities Fund JPC -0.25% 28 Debt-to-Equity is 0.45 as of Jan. 2026, which is 13% below its 10-year median of 0.52. GuruFocus rates JPC with a GF Score™ of 28/100. The stock has 7 warning signs investors should review. Among 960 Asset Management companies, Nuveen Preferred &ome Opportunities Fund ranks worse than 69.38% on this metric.

Nuveen Preferred &ome Opportunities Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was $0.0 Mil. Nuveen Preferred &ome Opportunities Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was $1,351.0 Mil. Nuveen Preferred &ome Opportunities Fund's Total Stockholders Equity for the quarter that ended in Jan. 2026 was $3,002.0 Mil. Nuveen Preferred &ome Opportunities Fund's debt to equity for the quarter that ended in Jan. 2026 was 0.45.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Nuveen Preferred &ome Opportunities Fund's Debt-to-Equity or its related term are showing as below:

JPC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4   Med: 0.52   Max: 0.6
Current: 0.45

During the past 9 years, the highest Debt-to-Equity Ratio of Nuveen Preferred &ome Opportunities Fund was 0.60. The lowest was 0.40. And the median was 0.52.

JPC's Debt-to-Equity is ranked worse than
69.38% of 960 companies
in the Asset Management industry
Industry Median: 0.21 vs JPC: 0.45

Nuveen Preferred &ome Opportunities Fund  (NYSE:JPC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Nuveen Preferred &ome Opportunities Fund Debt-to-Equity Related Terms


Nuveen Preferred &ome Opportunities Fund Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Nuveen Preferred &ome Opportunities Fund's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nuveen Preferred &ome Opportunities Fund Debt-to-Equity Chart

Nuveen Preferred &ome Opportunities Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.57 0.60 0.41 0.45 0.43

Nuveen Preferred &ome Opportunities Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.45 0.45 0.43 0.45

JPC vs HTGC, FSK, DBRG: Debt-to-Equity Comparison

For the Asset Management subindustry, Nuveen Preferred &ome Opportunities Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nuveen Preferred &ome Opportunities Fund Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Nuveen Preferred &ome Opportunities Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Nuveen Preferred &ome Opportunities Fund's Debt-to-Equity falls into.


JPC
28GF Score
Nuveen Preferred & Income Opportunities Fund JPC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nuveen Preferred &ome Opportunities Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nuveen Preferred &ome Opportunities Fund's Debt to Equity Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Nuveen Preferred &ome Opportunities Fund's Debt to Equity Ratio for the quarter that ended in Jan. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.45 mean?
Nuveen Preferred &ome Opportunities Fund (JPC) has a Debt-to-Equity of 0.45 as of Jan. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nuveen Preferred &ome Opportunities Fund and its competitors. This is 13% below median its historical median of 0.52. Over the past decade, Nuveen Preferred &ome Opportunities Fund's Debt-to-Equity has ranged from 0.40 to 0.60. According to the industry distribution chart, Nuveen Preferred &ome Opportunities Fund ranks #666 out of 960 companies in the Asset Management industry, placing it in the top 69.4%.
Is Nuveen Preferred &ome Opportunities Fund's Debt-to-Equity too high?
Nuveen Preferred &ome Opportunities Fund's current Debt-to-Equity of 0.45 is 13% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.60. The Asset Management industry median Debt-to-Equity is 0.21. Nuveen Preferred &ome Opportunities Fund's value of 0.45 is 114.3% above this industry median. Based on the distribution chart, Nuveen Preferred &ome Opportunities Fund ranks #666 out of 960 companies in the Asset Management industry, which is below the industry midpoint. Overall, Nuveen Preferred &ome Opportunities Fund has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Nuveen Preferred &ome Opportunities Fund's Debt-to-Equity compare to HTGC and FSK?
According to the Asset Management industry distribution chart, Nuveen Preferred &ome Opportunities Fund ranks #666 out of 960 companies for Debt-to-Equity. This places Nuveen Preferred &ome Opportunities Fund in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Nuveen Preferred &ome Opportunities Fund's value of 0.45 is 114.3% above this benchmark. Historically, Nuveen Preferred &ome Opportunities Fund's own Debt-to-Equity has ranged from 0.40 to 0.60 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.21, Nuveen Preferred &ome Opportunities Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 960 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nuveen Preferred &ome Opportunities Fund's current Debt-to-Equity of 0.45 is 114.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nuveen Preferred &ome Opportunities Fund and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nuveen Preferred &ome Opportunities Fund's current Debt-to-Equity is 0.45, which is 13% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nuveen Preferred &ome Opportunities Fund stock overvalued right now?
Nuveen Preferred &ome Opportunities Fund (JPC) has a current Debt-to-Equity of 0.45. The current Debt-to-Equity is 0.45, which is 13% below median its 10-year median of 0.52 and 114.3% above the Asset Management industry median of 0.21. Nuveen Preferred &ome Opportunities Fund's overall GF Score™ is 28/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Nuveen Preferred &ome Opportunities Fund (JPC), the current Debt-to-Equity is 0.45 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nuveen Preferred &ome Opportunities Fund Business Description

Address 333 West Wacker Drive, Chicago, IL, USA, 60606
Nuveen Preferred & Income Opportunities Fund is a diversified closed-end management investment company. Its primary investment objective is to provide high current income, and its secondary investment objective is total return. The fund invests a majority of its assets in preferred securities and other income-producing securities, including hybrid securities such as contingent capital securities, and the rest of its investments are made in other securities, mainly income-oriented securities such as corporate and taxable municipal debt and common equity.
28GF Score

Get the complete analysis for JPC

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.83
Price