(PFXF)

PFXF offers diversified exposure to preferred securities, with a 6.77% distribution yield and a 0.40% management fee. The portfolio is well-diversified across baby bonds, mandatory convertibles, fixed...

PFXF May Have Too Much Exposure To Boeing Preferred Shares

The VanEck Preferred Securities ex Financials ETF has 64.7% of its portfolio allocated to long-duration preferred securities. The new U.S. administration is focused on cutting the budget deficit to ar...