The Nuveen Preferred & Income Opportunities Fund invests primarily in investment-grade securities, with 55.8% of the portfolio allocated to the U.S. Learn more on JPC CEF here.

The lion's share of JPC's asset base lies in preferred instruments, which are very interest rate sensitive. See why I continue to rate the fund a buy.

A landlord did not pay water bills: Residents at 1,400 homes may lose water. JPC Affordable Housing Foundation, which has a business address in New Jersey, will have to dissolve itself and its ...