SLM Corp - Thomson 158 Reuters https://thomson158reuters.servehalflife.com Latest News Updates Fri, 11 Oct 2024 19:06:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 Another reason to rethink CDs: Your return is less than it seems https://thomson158reuters.servehalflife.com/another-reason-to-rethink-cds-your-return-is-less-than-it-seems/ https://thomson158reuters.servehalflife.com/another-reason-to-rethink-cds-your-return-is-less-than-it-seems/#respond Fri, 11 Oct 2024 19:06:31 +0000 https://thomson158reuters.servehalflife.com/another-reason-to-rethink-cds-your-return-is-less-than-it-seems/ Americans can still get attractive yields on cash alternatives like certificates of deposit — but the real returns may not actually be as high as they are expecting. An analysis from Hartford Funds shows that one-year CDs provided real negative returns in 17 of the last 20 years, once taxes and inflation were taken into […]

The post Another reason to rethink CDs: Your return is less than it seems first appeared on Thomson 158 Reuters.

]]>

.



Source link

The post Another reason to rethink CDs: Your return is less than it seems first appeared on Thomson 158 Reuters.

]]> https://thomson158reuters.servehalflife.com/another-reason-to-rethink-cds-your-return-is-less-than-it-seems/feed/ 0 15823 Fed rate cuts should favor preferred stocks, Virtus money manager says https://thomson158reuters.servehalflife.com/fed-rate-cuts-should-favor-preferred-stocks-virtus-money-manager-says/ https://thomson158reuters.servehalflife.com/fed-rate-cuts-should-favor-preferred-stocks-virtus-money-manager-says/#respond Sat, 05 Oct 2024 15:00:01 +0000 https://thomson158reuters.servehalflife.com/fed-rate-cuts-should-favor-preferred-stocks-virtus-money-manager-says/ One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as risky as common stocks. Infrastructure Capital Advisors Founder and CEO Jay Hatfield manages the Virtus InfraCap U.S. Preferred Stock ETF (PFFA). He leads the company’s investing and business development. “High yield bonds and preferred stocks… […]

The post Fed rate cuts should favor preferred stocks, Virtus money manager says first appeared on Thomson 158 Reuters.

]]>

A place for "preferred" stocks

One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as risky as common stocks.

Infrastructure Capital Advisors Founder and CEO Jay Hatfield manages the Virtus InfraCap U.S. Preferred Stock ETF (PFFA). He leads the company’s investing and business development.

“High yield bonds and preferred stocks… tend to do better than other fixed income categories when the stock market is strong, and when we’re coming out of a tightening cycle like we are now,” he told CNBC’s “ETF Edge” this week.

Hatfield’s ETF is up 10% in 2024 and almost 23% over the past year.

His ETF’s three top holdings are Regions Financial, SLM Corporation, and Energy Transfer LP as of Sept. 30, according to FactSet. All three stocks are up about 18% or more this year.

Hatfield’s team selects names that it deems are mispriced relative to their risk and yield, he said. “Most of the top holdings are in what we call asset intensive businesses,” Hatfield said.

Since its May 2018 inception, the Virtus InfraCap U.S. Preferred Stock ETF is down almost 9%.

.



Source link

The post Fed rate cuts should favor preferred stocks, Virtus money manager says first appeared on Thomson 158 Reuters.

]]> https://thomson158reuters.servehalflife.com/fed-rate-cuts-should-favor-preferred-stocks-virtus-money-manager-says/feed/ 0 12751