#4 – Nuveen Preferred & Income Opportunities (NYSE: JCP)
Current Yield: 6.8%
So let’s look at another preferred offering. But this time a fund. JPC trades around $9 with an attractive yield. But the best part is that it has a 3% discount to NAV.
At least 50% of it’s portfolio is invested in assets that are rated investment grade at the time of purchase. Over 80% of it’s securities are preferred or other income producing. Nice diversification along with a tasty yield.