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The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, June 12, 2013 Seeking Alpha Prefers Quality Income From Nuveen Seeking Alpha's George Spritzer suggests you should swap the iShares S&P US Preferred Stock Index ETF (PFF) [profile] for the Nuveen Quality Preferred Income Fund (JTP) [profile], a closed end fund. Spritzer points out that JTP are investment grade quality, BBB/Baa or better. He adds: "Both of these securities have fallen in price over the last few weeks as the 10 year bond yield has increased. But I believe that JTP is now a much better buy than PFF. For someone who is holding PFF at a loss in a taxable account, this is a good time to swap the PFF for JTP, realizing the tax loss." Printed from: MFWire.com/story.asp?s=44266 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |