2 Income Ideas: Discounted Fixed Maturity Muni CEF & Cheap Bank Preferred with 50% 1YR TR to $25/sh

9-7-23 (Not Financial Advice): The following ideas have been shared via e-mail with subscribers and have completely different levels of risk/reward. The first has tax-free distributions, has more interest rate risk, but very little credit risk (Risk: 2 out of 5), while the second has more credit risk, but a higher current yield and potential carry (Risk 3.5 out of 5).