Get Preferred Income Without Bank Worries in This ETF
March 31, 2023 at 08:10 AM EDT
Preferred stocks and the related exchange traded funds have long been favored assets of income-hungry investors, but there are some rubs with preferreds. First, these hybrid securities are rate-sensitive — a trait that worked against preferreds last year, but could turn positive when the Federal Reserve shows signs of halting its tightening regime. Second, the [...] The post Get Preferred Income Without Bank Worries in This ETF appeared first on ETF Trends .