PFXF Could Be Potent Play on Possible Preferreds Rebound

Preferred stocks and the related exchange traded funds are enduring some punishment this year at the hands of the Federal Reserve’s efforts to quash inflation via a series of aggressive interest rate increases. Those are the breaks for rate-sensitive asset classes and ETFs such as the VanEck Preferred Securities ex Financials ETF (PFXF). On the other [...] The post PFXF Could Be Potent Play on Possible Preferreds Rebound appeared first on ETF Trends .