- Retirees and others have been having a very difficult time generating portfolio income in today's climate.
- JPC is able to generate a higher yield than preferred ETFs that should prove attractive to such investors.
- Preferred securities are safer than common stocks in general but there is a risk here once interest rates eventually go up.
- The fund is easily generating enough money to cover its 6.8% yield.
- The fund trades at a slight discount, which is reasonably appealing.
For further details see:
JPC: Safety And Security Make This 6.8% Yielding Fund A Great Pick