Industry description
The investment seeks to provide income.
The fund invests at least 80% of its net assets (plus any borrowings made for investment purposes) in a portfolio of preferred securities issued by U.S. and non-U.S. companies. It may invest in preferred securities of all issuer capitalizations. The fund may also invest in publicly-traded partnerships (“PTPs”). The Advisor intends to maintain approximately 10% asset exposure to a credit spread options strategy, although market conditions may dictate additional exposure.
High and low price notable news
The average weekly price growth across all stocks in the Preferred-Plus ETF ETF was 3%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 8%. STRK experienced the highest price growth at 3%, while BHFAO experienced the biggest fall at -1%.
Volume
The average weekly volume growth across all stocks in the Preferred-Plus ETF ETF was 14%. For the same stocks of the ETF, the average monthly volume growth was -46% and the average quarterly volume growth was 44%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 6
P/E Growth Rating: 100
Price Growth Rating: 56
SMR Rating: 94
Profit Risk Rating: 74
Seasonality Score: 30 (-100 ... +100)