While Governance factors tend to be consistent across sectors, the Environment and Social factors vary. Managing analyst Raquel McLean discusses what special issues they look at for preferred securities.
FURTHER READING

4 Reasons to own preferred securities today
We believe an exceptional buying opportunity for preferred securities may exist today, for several reasons: 1. Current discounts to par value represent uncommon value 2. High-quality preferreds offer some of the highest yields in fixed income 3. Performance historically has been strong following market corrections 4. An end of Fed rate hikes is a possible catalyst for price appreciation

Preferred securities: Resetting for a new cycle
Recent bank turbulence and the end of the Fed’s rate-hiking cycle create what we believe may be an exceptional buying opportunity for preferreds.

Three tax-smart income alternatives
Strategies with inherent tax efficiencies may help investors diversify sources of income and potentially keep more of what they earn.