Five Things to Know About Preferred Securities
Erick Arndt2022-08-31T10:50:29-07:00Like most financial markets, preferred securities have generated negative returns so far this year, however the value proposition remains. Preferreds offer generous yields, both absolute and after-tax, with their high income stream serving as a total return buffer against future spread volatility. “Preferred securities can be higher yielding alternatives to traditional core fixed income [...]