- The Nuveen Preferred & Income Securities Fund, being a Closed-End-Fund, has provided several discount expansion buying opportunities recently.
- JPS primarily invests in investment grade preferred debt securities, convertible debt securities, and convertible preferred securities that are rated BBB/Baa or better by S&P, Moody's, or Fitch.
- I would consider investing in JPS when the discount hits 3% or more. In the meantime, I have listed other CEFs to consider that might be better funds than JPS.
For further details see:
JPS: Watch For Recurring Buying Opportunities