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Why Now Could Be The Time to Look At Preferred Stocks
FYI: From time to time, Barron’s writes about preferred stocks, which are of particular interest to income-seeking investors. They aren’t as sexy as common stocks because their price moves—up or down—are more restrained. But that relative stability attracts some folks, as does the offer of juicier dividend yields, compared with those of plain equities. Moreover, when preferred prices fall significantly—as some have now—there’s the potential for capital gains, too. Regards, Ted https://www.barrons.com/articles/why-now-could-be-the-time-to-look-at-preferred-stocks-51546042631?mod=djem_b_Weekly Feed for Barrons Magazine
As I change my portfolio's asset allocation more towards an "all weather" income & growth allocation I've been thinking of adding a preferred stock mutual fund to my hybrid income sleeve. The two retail funds that I currently have under review are CPXAX & PFANX. Their Morningstar reports are linked below. The Pimco fund has the higher yield but it is also the more aggressive of the two.
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https://www.morningstar.com/funds/xnas/cpxax/quote.html
https://www.morningstar.com/funds/xnas/pfanx/quote.html