Desperate for Yield? Look No Further than Active Funds like ‘PREF’
January 26, 2021 at 08:53 AM EST
Bond yields are still low, meaning traditional income-generating assets just aren’t cutting it for many investors. Enter preferred stocks and the actively managed Principal Spectrum Preferred Securities Active ETF (NYSEArca: PREF). PREF can act as a portfolio diversification tool and reducer...