With a higher claim on company earnings, preferred stocks hold the promise of steady income for the investor, with potential for capital appreciation
The advantage of preferred stocks over bonds may not be as strong in an environment of higher interest rates, which may impact company profitability and make safe interest-bearing securities more attractive
Favoring a mix of preferred stock with income-producing 'hybrid' debt in the current market, the underlying fund investments in assets of differing quality calls for careful evaluation
Performance ranking of the preferred funds will always be evaluated in terms of their 'risk rank', relative to the entire fixed income ETF data base
For deeper insights, rank the fund selection by performance or by volatility for the selected time period
Over time, fund price momentum signals trends of the last 5 days against a 20-day average
For comparison, select various time frames in the top right menu box, from 2 weeks to a full year (performance of some very recently listed ETFs may not be significant for lack of price data)