[ad_1]
A financial firm is looking to benefit from preferred Stocks, which offer higher risks than bonds but are less risky than common Stocks. Jay Hatfield, the Founder and CEO of Infrastructure Capital Advisors, manages the Virtus InfraCap U.S. Preferred Stock ETF (PFFA). He mentioned that high yield bonds and preferred Stocks typically perform well when the stock market is strong and during tightening cycles. The ETF has seen a 10% increase in 2024 and nearly 23% growth over the past year. The top three holdings of the ETF include Regions Financial, SLM Corporation, and Energy Transfer LP, all of which have seen an increase of about 18% or more this year. Hatfield’s team focuses on selecting underpriced assets with good risk and yield profiles, mostly in asset-intensive businesses. Despite a slight decrease since its inception in May 2018, the Virtus InfraCap U.S. Preferred Stock ETF continues to show promise.
[ad_2]
Stocks-virtus-fund-manager-says-.html”>SOURCE
Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.
