Benchmark: S&P U.S. Preferred Stock Index
The S&P U.S. Preferred Stock Index measures the performance of preferred stocks listed on U.S. exchanges. The index offers exposure to hybrid securities that combine fixed income and equity features.
An income-focused strategy investing primarily in preferred stocks and perpetual bonds, with higher credit risk and longer duration than typical bond portfolios.
Other strategies that benchmark to the S&P U.S. Preferred Stock Index