These Income Machines Keep Pumping Cash: Yields Over 8%
The best sources of cash keep on producing cash without more input needed. This is the dream of passive income. I love collecting it monthly. Today, we reveal two outstanding sources of passive income.
ETF Edge: InfraCap founder on ETF's outperformance
Adding preferred stock section to active management could lead to overlooked income opportunities
PFFA: Preferred ETF With Over 9% Yield And Potential For Appreciation
The Virtus InfraCap U.S. Preferred Stock ETF is an exchange-traded fund that invests primarily in preferred securities issued by the U.S. of companies. The fund currently provides a very attractive yield of 9.09%, but it also uses considerable leverage. Since it is an exchange-traded fund, it trades very closely with the NAV (net asset value). PFFA has a rather short history of six years and has performed well in comparison with its peers. But it has provided consistent distributions since inception. Going forward, there are certain tailwinds that should help the preferred sector and this fund in general.
My Top Preferred Income Pick For September With 9.1% Yield: PFFA
This month, I want to dive deeper into my top picks within each asset class; let's begin with preferred securities. PFFA has a proven track record in two would-be crises, producing index-beating returns. I love income and collect it from all over the market.
PFFA: Income ETF With Value And Growth Tailwinds
PFFA is a preferred stock ETF, an attractive income alternative with a 9% dividend. Its active management improves the risk from its leverage and rate sensitivity. PFFA constituents show strong growth metrics year-over-year, signaling business recovery. Market rotation into value sectors like Financials, Utilities, and Industrials, along with promising rate cuts, positions PFFA for promising total performance.
Uncertain Times? Lower Risk Income To Sleep Like A Baby: PFFA
Most fixed income investments provide low yields in exchange for greater safer; we discuss one offering safer income and higher yields. Active management has made all the difference vs. its passive peers. Dramatically improve your retirement income stream in one move.
PFFA: Good Preferred Shares ETF, Not A Good Time To Buy
PFFA is an actively-managed preferred shares ETF. It boasts a 9.3% distribution yield, but is much riskier than average, and with leverage to boot. PFFA has returned 9.0% since late 2023, outperforming most bonds and bond sub-asset classes.
2 Preferred Stocks +7% Yield, For My Retirement Portfolio
In retirement, it's crucial to survive recessions while consistently beating the relentless force of inflation. Are you accumulating cash in fear of a recession? Focus on cash flows instead. Discover two preferred picks offering steady cash flow through thick and thin.
Assessing Leveraged PFFA Vs. Other Preferred Share Funds I Own
Despite relative outperformance in recent years, I cannot justify an allocation to PFFA.
Bad News For 9.5%-Yielding PFFA
The Virtus InfraCap U.S. Preferred Stock ETF offers a high annual dividend yield of nearly 10% that is paid monthly. PFFA has also outperformed the broader preferred index substantially over time. However, there is growing bad news for the fund that could threaten its outperformance.
New Virtus ETF Focuses on Managed Futures
On Thursday, Virtus Investment Partners added a new ETF to its roster with the launch of the Virtus AlphaSimplex Managed Futures ETF (ASMF). The actively managed fund has a net expense ratio of 0.80%.
