PFFA: 8% Yield On Preferred Stocks, Outperforming Peers
seekingalpha
2024-10-13
designer491
With the long expectation for lower rates, and the initial Fed rate lowering in September 2024, preferred stocks reversed course and began rising in late 2023.
Preferred stock-based ETFs, such as the Virtus InfraCap U.S. Preferred Stock ETF (
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