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PFLD / PFLD: Low Duration Preferred Securities Fund With An Appealing Yield
The AAM Low Duration Preferred & Income Securities ETF is a fixed income fund. The fund's collateral is composed of preferred securities, mainly from the banking and financial services sectors. The fund's short duration profile helps to reduce interest rate risk, and its focus on investment grade securities and systemically important financial institutions mitigates default risk.
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Posted: Sep 15 2023, 04:14
Author Name: Seeking Alpha
Views: 041723
PFLD News
By Seeking Alpha
September 15, 2023
PFLD: Low Duration Preferred Securities Fund With An Appealing Yield
The AAM Low Duration Preferred & Income Securities ETF is a fixed income fund. The fund's collateral is composed of preferred securities, mainly from more_horizontal