As those who have followed our investing approach know, preferred stocks have been mainstays of our income portfolios for many years. In today’s environment of low interest rates, including a yield of 2% on the 10-Year Treasury, the much higher yields offered by preferred stocks are particularly attractive.
Fidelity recently published a detailed review of the benefits and risks of investing in preferreds. Click here to read the article and learn more about these securities.
For more on our approach to income investing, click here.
