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TCANF - JPS: A Very Appealing 6% Yielding CEF
August, 30 2021 12:53 PM
TransCanada Corp 1st Pfd Ser 5
Investors continue to struggle to generate any significant amount of income off of their portfolio, which is a big problem for retirees. JPS invests in a very diversified portfolio of fixed-income securities to provide a high yield for its investors. The portfolio is very banking-heavy but it is otherwise highly diversified. The fund is easily able to sustain its appealing 6.07% yield. The fund trades at a slight premium but its price is not overly excessive. For further details see:
JPS: A Very Appealing 6% Yielding CEF
Stock Information
Company Name:
TransCanada Corp 1st Pfd Ser 5
Stock Symbol:
TCANF
Market:
OTC
Website:
www.tcenergy.com
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