This “Preferred” Fund Crushes ETFs and Pays 7.3% in Cash

I get a lot of questions from readers about high-paying “preferred shares.” And most of these queries have one thing in common: worry! You see, many of these folks are concerned that preferreds—known for their outsized dividend yields funded by safe cash flows—will get swamped as interest rates rise. So today I’m going to show you why you can set these fears aside. Further on, I’ll reveal a preferred-stock fund that lets you rope in an outsized 7.3% cash dividend and price upside, too. First, I should say that preferred shares aren’t alone in stoking investor fears. Other high-yield investments are, too, such as real estate trusts (REITs) and utilities.… Read more