Companies: 10,795·Total market cap: $144.5T
Nuveen Preferred Securities & Income Opportunities Fund

Nuveen Preferred Securities & Income Opportunities Fund

JPINYSEFinancial Services
$20.68
$-0.04(-0.19%)
Market Cap$470933232
P/E Ratio
52W High$21.41
52W Low$17.2

Nuveen Preferred Securities & Income Opportunities Fund (JPI) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

JPI · free cash flow · updated Jun 9, 2026

Core FCF metrics

Free cash flow was $41.0M for FY2024 (fiscal year ending 2024-07-31), up 54.2% year-over-year The FCF margin was 66.4%.

FY2024 Free Cash Flow$41.0M▲ +54.2% YoY
Trailing 12M (TTM)$42.7Mtrailing 4 quarters sum
FCF Margin66.4%$41.0M ÷ revenue
3-Year CAGRN/AN/A — contains negative FCF
5-Year CAGRN/AN/A — contains negative FCF
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
jpi free cash flow history · jpi free cash flow chart · jpi free cash flow growth rate · jpi free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2024Latest$41.0M▲ +54.2%66.4%
FY2023$26.6M▼ 37.6%92.2%
FY2022$42.6M▲ +469.6%
FY2021−$11.5M▼ 118.4%-11.2%
FY2020$62.5M▲ +1334.1%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
jpi free cash flow 2024 · jpi free cash flow 2023 · jpi free cash flow 2022 · jpi operating cash flow

FCF valuation metrics

Nuveen Preferred Securities & Income Opportunities Fund (JPI) trades at a FCF yield of 8.70% and a price-to-free-cash-flow ratio of 11.0x. FCF per share stands at $1.88, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
8.70%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$1.88
TTM FCF ÷ Shares Outstanding
Price / FCF
x11.0
Share Price ÷ FCF per Share
EV / FCF (TTM)
x16.9
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2024 · 2024-07-31
jpi price to free cash flow · jpi free cash flow yield · jpi free cash flow per share · jpi price to cash flow ratio

Cash flow statement summary

For FY2024, Nuveen Preferred Securities & Income Opportunities Fund generated −$178.9M in operating cash flow and spent 0M in capital expenditures, yielding $41.0M in free cash flow.

Operating Activities
−$178.9M
Cash from core business operations
2024-07-31
Investing Activities
+$228.0M
CapEx, acquisitions & investments
2024-07-31
Financing Activities
−$41.0M
Buybacks, dividends & debt
2024-07-31
FCF FormulaOperating CF (−$178.9M) − |CapEx| (0M) = FCF ($41.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement
jpi cash flow statement · jpi cash flow statement 2024 · jpi operating cash flow · jpi cash flow from operations

Free cash flow vs peers (Financial Services)

#CompanyFree Cash FlowYoY
#1
Nuveen Preferred Securities & Income Opportunities Fund
Nuveen Preferred Securities & Income Opportunities FundYOU
JPI
$41.0M+54.2%
#2
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$100.87B+340.1%
#3
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$25.04B+115.6%
#4
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-A
$25.04B+115.6%
#5
Visa Inc.
Visa Inc.
V
$21.58B+15.4%
#6
Mastercard Incorporated
Mastercard Incorporated
MA
$16.91B+18.2%
Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Nuveen Preferred Securities & Income Opportunities Fund (JPI) reported free cash flow of $41.0M for FY2024 (fiscal year ending 2024-07-31), up 54.2% year-over-year. The FCF margin was 66.4%.

Based on available data, Nuveen Preferred Securities & Income Opportunities Fund has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $62.5M in FY2020.

Nuveen Preferred Securities & Income Opportunities Fund's FCF yield is 8.70% and price-to-FCF ratio is 11.0x for FY2024, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Frequently asked questions

JPI free cash flow · 8 questions

Nuveen Preferred Securities & Income Opportunities Fund free cash flow was $41.0M for FY2024, up 54.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $42.7M.

JPI free cash flowJPI FCFJPI FCF 2024JPI free cash flow TTM

Source: FMP /cash-flow-statement · US GAAP · Nuveen Preferred Securities & Income Opportunities Fund · Nuveen Preferred Securities & Income Opportunities Fund SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026