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 4%. For the same ETF, the average monthly price growth was 11%, and the average quarterly price growth was 5%. BHFAO experienced the highest price growth at 6%, while FITBO experienced the biggest fall at -5%.
Volume
The average weekly volume growth across all stocks in the Preferred-Plus ETF ETF was -7%. For the same stocks of the ETF, the average monthly volume growth was 29% and the average quarterly volume growth was 87%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 7
P/E Growth Rating: 100
Price Growth Rating: 56
SMR Rating: 94
Profit Risk Rating: 77
Seasonality Score: 50 (-100 ... +100)