JPC: Downgrading To Sell Amid Small Discount To NAV
JPC has delivered solid performance since my initial Hold recommendation was published. JPC's strong performance has been driven primarily be a significant narrowing of its discount to NAV. The fund's high distribution rate of 10.1% may become unsustainable, as the coverage ratio currently stands at just 68.5%.
10.1%-Yielding Monthly Retirement Dividends From Fixed Income: JPC
Retirees favor diversified fixed-income portfolios for stable income and risk mitigation through diversification and elevated capital stack positions. JPC's portfolio is well-diversified across asset types and geographies, with a significant portion in investment-grade securities, reducing default risk. I take a deeper look at the fund and its current valuation to see if I think JPC's 10.1% yield is worth adding to a retirement portfolio.
$75,000 Is All You Need To Be Happy
More money doesn't equal more happiness. There is a ceiling to its effect. Research shows that money can make life easier, but other factors bear more weight on happiness. Leverage your portfolio as a tool, not as the boss of your retirement.
2 Solid Yields From Preferred Stocks For Uncertain Times
Do you invest for a purpose or simply react to market trends? I invest to ensure reliable cash flow across market cycles. Invest strategically to ensure every season of life feels secure and abundant.
2 Retirement Dividends, With +10% Yield
Meticulous planning helps when you face unexpected problems. A well diversified income portfolio provides through good and bad markets. We discuss our top picks with +10% yields to cruise through what life throws at you.
JPC: A 9.8% Dividend Yield In Addition To Potential Capital Gains
Even though the interest rates remain relatively high, achieving safe and close to double-digit yields is very challenging. Back in April this year, I found Nuveen Preferred & Income Opportunities Fund - high yielding and stable income play - that I recommended to buy. Since then, it has delivered ~28% in total returns.
I Am Loading Up On These +10% Yields
Appreciate the uniqueness of yourself and your financial requirements; tailor your investing approach towards your goals. We aim for consistent income irrespective of market conditions. Here is a pair of investment ideas for any interest rate scenario.
Why I'm Passing On The Nuveen Preferred & Income Opportunities Fund's 9.77% Distribution
The Nuveen Preferred & Income Opportunities Fund offers a high 9.77% distribution, leveraging up to 38%, but trades at only a 3% discount to NAV. JPC's portfolio includes investment-grade securities and CoCos, with significant exposure to financials, posing risks during financial crises. The distribution increase has improved trading, but may not be sustainable without selling securities, potentially decreasing value per share over time.
JPC: Questionable Distribution Sustainability
Nuveen Preferred & Income Opportunities Fund provides exposure to preferred stocks and various forms of income oriented securities. Fund offers monthly dividend of $0.0665 per share with current yield over 10%. However, the sustainability of the distribution is questionable. JPC's recent price increase has made the discount to NAV opportunity less attractive for entry.
I Am Swimming In Dividends, 2 Picks Up To 10% Yield
Planning for the future requires flexibility to adapt to unexpected events. A diversified portfolio of dividend payers can support your retirement through market fluctuations. We discuss our top income picks with growing payouts.
40% Hike And Fat 10% Yield, I Am Loading Up: JPC
Fixed income exposure and a massive hike? Heck yes! Interest rates don't need to be an albatross around your portfolio. Fixed income is a fantastic opportunity-filled sector.
Lock In 8% Preferred Bargains, Before The Fed Cuts Rates
Dealmaking in Corporate America is strong, and older preferreds are being redeemed in billions. To fill the void, credit-worthy firms are issuing new preferreds sporting high yields amidst elevated interest rates. Join us in making hay when the sun shines, with 8% yields.
