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.
ABOUT THE AUTHORS
Raquel McLean, CFA Vice President, is a portfolio manager for fixed income and preferred securities portfolios and has analyst coverage responsibilities for global insurance companies and Asian banks.
FURTHER READING
Preferred securities call alert – $13 billion reinvestment opportunity
April 2024 | 2 minsInvestors 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.
3 Reasons to own preferred securities today
We believe an exceptional buying opportunity for preferred securities may exist today.
Tax-smart income alternatives
Strategies with inherent tax efficiencies may help investors diversify sources of income and potentially keep more of what they earn.