JPS News and Press, Nuveen Preferred & Income Securities Fund From 05/09/23

2023-05-09 11:40:04 ET Nuveen Preferred & Income Securities Fund ( NYSE: JPS ) declares $0.038/share monthly dividend , in line with previous. Forward yield 7.32% Payable June 1; for shareholders of record May 15; ex-div May 12. See JPS Dividend Scorecard...

2023-04-20 02:28:00 ET Summary JPS is a fixed income closed end fund from the Nuveen family. The Boards of Trustees of Nuveen Preferred and Income Fund, Nuveen Preferred & Income Securities Fund, and Nuveen Preferred & Income Opportunities Fund have put forward a merger pr...

2023-04-19 15:53:10 ET Summary Invesco CEF Income Composite ETF is a fund of closed-end funds. PCEF has outperformed its competitor Amplify High Income ETF in the last 10 years. However, historical return, distribution growth and holding discount are concerning. Bonus: A s...

The Boards of Trustees of Nuveen Preferred and Income Fund (NYSE: JPT), Nuveen Preferred & Income Securities Fund (NYSE: JPS), and Nuveen Preferred & Income Opportunities Fund (NYSE: JPC) have approved a proposal to merge the funds. The proposed mergers, if approved by shareholders, would...

2023-04-11 15:54:06 ET Summary Today, I wanted to take a broader look at the preferred closed-end fund space. After struggling for most of the last year due to rapidly-rising interest rates, the latest banking failures sent preferred CEFs spiraling. A mixture of leverage and e...

2023-04-07 03:19:44 ET Summary The Nuveen Preferred & Income Securities Fund is a closed-end fund from Nuveen that focuses on preferred shares. We gave the CEF a Sell rating at the beginning of the regional banks' crisis, expecting a -10% drawdown. Our expectations were pr...

2023-03-29 05:00:20 ET The Federal Reserve tightened until it broke something: the small banks. Classic Fed! Meanwhile, here at Contrarian Outlook , we’ve been waiting patiently for a big buying opportunity. Biding our time. So… is this our moment? Bank run...

2023-03-11 00:22:50 ET Summary JPS is a fixed income closed end fund from the Nuveen family. The CEF has a high concentration to national and regional banks' preferred equities. The CEF runs a high leverage ratio of 38% which will magnify any potential losses. With Silverg...

Summary Inflation still remains high year-over-year, and people are still in need of extra income to maintain their lifestyles. Nuveen Preferred & Income Securities Fund invests in a portfolio of preferred stock and bonds to provide a high level of income. The closed-end fund ha...

Summary We share data on 40 big-yield preferred stock ETFs and CEFs, including a special focus on the popular iShares Preferred and Income Securities ETF (current yield is 5.8%). After diving into the details on PFF, we compare it to other preferred stock funds that offer higher yields,...