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
Preferred securities call alert—$19.3 billion reinvestment opportunity
Investors are facing new challenges as many of their single-issued preferred securities may be subject to call—including some that are trading above par and could lose value. Now may be the time to look beyond single issues to the added value of an actively managed portfolio.
Moody’s methodology shift reshapes preferreds market
Moody's methodology change has led to increased issuance of hybrid securities, creating opportunities for investors with attractive yields, reduced extension risk, and greater diversification in the preferred securities market.
3 Reasons to own preferred securities today
We believe an exceptional buying opportunity for preferred securities may exist today.