Global X U.S. Preferred ETF provides broad exposure to preferred securities, with a diversified portfolio emphasizing traditional fixed-rate preferred stocks and moderate BBB average credit quality.
It's been a rough and tumble 2022 for the bond market with prices dropping and yields rising in turn. That could all change, however, if bond demand picks up in 2023. As such, there are alternatives ...
In trading on Friday, shares of the Global X US Preferred ETF (Symbol: PFFD) crossed below their 200 day moving average of $20.08, changing hands as low as $20.03 per share. Global X US Preferred ...