Nuveen Preferred Income Opportunities Fund (JPC) presents an attractive investment for those seeking high monthly dividends, currently yielding 9.68%. Despite a one-year return of 3.42% and a five-year decline of 10.42%, the fund has garnered strong buy signals from both short- and long-term moving averages, indicating positive momentum. Investors should remain aware of the inherent risks associated with debt and fixed-income securities, including market and credit risks.
Pros:
- Consistent monthly dividends
- Focus on preferred securities
Cons:
- Negative 5-year return
- Market risk associated with fixed income
The Nuveen Preferred Income Opportunities Fund (JPC) may be suitable for income-focused investors seeking high monthly dividends, given its current yield of 9.68%. However, potential investors should carefully consider the fund's historical performance, including a negative five-year return, and remain mindful of the associated risks in the debt and fixed-income markets.