An Attractive Entry Point into Preferred Stock ETFs

Markets ETF Trends

Preferred stocks and related exchange traded funds retreated along with other income-generating assets as U.S. yields spiked in response to the Federal Reserve’s tighter monetary policy, but the asset category may offer an attractive buying opportunity after the pullback. “Preferred stocks have recently underperformed given their sensitivity to higher interest rates,” according to a BlackRock…Click to read more at ETFtrends.com.

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