JPS News and Press, Nuveen Preferred & Income Securities Fund From 08/30/21

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-...

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...

PTA was the latest offering from Cohen & Steers launched last October 2020. The fund is focused on preferred holdings and providing investors with attractive monthly income. The fund is currently trading at a slight discount and attractive yield. For further details see:...

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

Compared to other income-oriented sectors like bonds and REITs, closed-end funds (CEFs) have considerably higher yields. Currently, the S-Network Composite Closed-End Fund Index (CEFX) has a yield of 6.97% and the S-Network Municipal Bond Closed-End Fund Index (CEFMX) has a yield of 4...

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. For further details see: The Quality Closed-End Fund Report, June 2021

When we last covered Flaherty&Crumrine Preferred and Income Fund, we said that it was priced for exceptionally poor returns. We review the performance since then. We go over the key risks facing this one and tell you why this underperformance is not over. For further det...

When we last examined Flaherty & Crumrine Preferred and Income Securities, we highlighted the risk of paying such a high premium. The fund has, as expected, underperformed. We go over what comes next for this one. For further details see: FFC: Still Priced For Signif...

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Muni CEFs feature in the top list of widest discount. For further details see: The Quality Closed-End Fund Report: May 2021