JPS - JPS: This 6%-Yielder Still Looks Like A Solid Income Pick

• It is still a challenge to generate income in today's market environment as the Fed continues to pursue its zero-interest rate policy.
• JPS boasts a 6.21% yield and a great deal of share price stability, which should be appealing for more conservative investors.
• The fund shows its very low turnover as it continues to be invested in the world's biggest firms, but is also more diversified than the overall preferred stock index.
• The fund's reduced distribution seems to be sustainable as the fund's recent results show us that it solved my previous concerns.
• The fund continues to trade at a discount, although the price is not quite as nice as it used to be due to yield hunters bidding up the price.

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