PFXF: Preferred Way to Play Preferred Stocks
October 10, 2023 at 08:00 AM EDT
The recent surge by Treasury yields is matriculating throughout the fixed income universe. It stokes higher yields on a slew of bond segments, including preferred stocks. For example, the VanEck Preferred Securities ex Financials ETF (PFXF) sported a 30-day SEC yield of 7.97% as of Oct. 6. That elevated yield could signal opportunity with the exchange [...] The post PFXF: Preferred Way to Play Preferred Stocks appeared first on ETF Trends .
