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iPhone Cases sale Sources: CEF Connect, Nuveen Website, and YCharts.The two key iPhone Cases points of differentiation for this fund, however, are the active management strategy which invests in various coupon structures delivering a limited duration and a mandatory termination date at which point any discount to NAV would be realized.The Alpha/Fund Strategy As I discussed in my iShares article, passive investing in the fixed income world often times just simply does not make sense. JPT's strategy reinforces that point.The fund may purchase preferred securities that trade both on major exchanges or smaller issues trading over the counter, trying to capitalize on the price discrepancies between the two.The fund also has the flexibility to investing in various coupon structures which reduce interest rate risk associated with traditional preferred stocks.The fund may further seek opportunities for up to 40% of its assets globally with no more than 10% invested in emerging markets. Dollar denominated, however.As stated in the sales pitch, the fund was launched with a 5 year term and will be terminated and distributed to shareholders on or before March 1, 2022.The Portfolio Looking at the portfolio and the top 10 holdings shows up a fairly concentrated fund.The top 10 holdings/issuers make up about 40% of the portfolio and represent issuers throughout the world.Looking at the geographical breakdown shows us a fund which has close to 30% of its exposure internationally.As with most preferred stock investments financials make up a large chunk of the portfolio, but this closed end fund is more diversified than the broad index.Looking at the average investment quality shows us a fund where the management team believes there is value in that lower investment grade to higher quality junk credit quality with about half of the portfolio BBB grade iPhone Cases sale..