SCHEDULE 13G/A: Morgan Stanley and Subsidiary Disclose 7.3% Stake in Nuveen Core Plus Impact Fund

Morgan Stanley and its wholly-owned subsidiary, Parametric Portfolio Associates LLC, have jointly disclosed a beneficial ownership of 7.3% in Nuveen Core Plus Impact Fund, totaling 2,109,660 common shares.

Summary

• Morgan Stanley and its subsidiary, Parametric Portfolio Associates LLC, have filed an Amendment No. 1 to Schedule 13G, disclosing their beneficial ownership in Nuveen Core Plus Impact Fund.
• As of December 31, 2024, the reporting persons collectively beneficially own 2,109,660 Common Shares of Beneficial Interest in Nuveen Core Plus Impact Fund.
• This aggregate amount represents 7.3% of the class of securities.
• Parametric Portfolio Associates LLC, a wholly-owned subsidiary of Morgan Stanley, is identified as the entity through which the securities are owned.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual, regulatory disclosure of beneficial ownership and does not contain information that would inherently be considered positive or negative for the issuer or the reporting entities. It is a neutral compliance filing.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This filing reflects a standard disclosure by a major financial institution and its asset management subsidiary regarding their significant passive investment in a specific fund. It is a routine regulatory compliance action for large institutional investors holding over 5% of a company's shares, indicating a substantial, but non-controlling, stake in the Nuveen Core Plus Impact Fund.

Related Party Transactions

• Parametric Portfolio Associates LLC, a wholly-owned subsidiary of Morgan Stanley, is identified as the entity holding the securities, indicating an intra-group relationship for the reported beneficial ownership.

Stakeholder Impact

• Shareholders of Nuveen Core Plus Impact Fund: Provides transparency regarding significant institutional ownership, potentially influencing market perception of the fund's stability and institutional backing.

Key Dates

Keywords

Morgan Stanley, Parametric Portfolio Associates LLC, Nuveen Core Plus Impact Fund, Schedule 13G, Beneficial Ownership, Investment Management, Institutional Investor, Common Shares, SEC Filing