JPC News and Press, Nuveen Preferred & Income Opportunities Fund From 12/05/21

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxY funds are FPL, FDEU, and AOD. For further details see: Quality Closed-End Fund Report: November 2021

The S&P 500 has not only fully recovered from the lows of the 2020 pandemic but has added on nearly 45% compared to the beginning of 2020. Will the current bull run continue in 2022, or are we heading towards a cliff? Should you invest now or wait for lower prices? We provide ...

Most income investors limit themselves to mere “common” dividends. But there’s no need for us to settle for 2% blue-chip yields when we can bank 6%+ payouts from the same companies. Let’s use Bank of America (BAC) as our example. The stock should keep sai...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are EHI and DSL. For further details see: The Quality Closed-End Fund Report: September 2021

Investors have been struggling to earn any money off of the assets in their portfolios for quite some time now. This is due to the longstanding policies of the Federal Reserve and its control over interest rates. JPC invests in a portfolio of preferred stock and other income-produ...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Only one fund with >100% coverage had a negative z-score this month. FPL could be worth a look. For further details see: The Quality Closed-End Fund Report, Au...

A recovery in credit spreads and a drop in Treasury yields have buoyed the prices of preferred stocks and sector CEF NAVs. This has allowed preferred CEFs to increase borrowings this year which drives higher income levels and strengthens distribution coverage. In particular, the F...

During July, global consensus earnings estimates have re-accelerated to the upside, representing another bullish impulse in the tug of war between high valuations on the one hand and strong profits momentum on the other. Despite market worries of a loss of momentum in the near term, t...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY, and DxYxZ are given. The top DxY funds are FEI, FPL and AOD. For further details see: The Quality Closed-End Fund Report, July 2021

We review CEF market valuation and performance over the penultimate week of July and highlight recent events. The CEF market had a brief dip early in the week which provided a dress rehearsal for a larger future drawdown and echoed some historical patterns. We continue to favor fu...