Institutional Investor: How the end of rate hikes could set the stage for preferred securities

William Scapell, CFA

Senior Portfolio Manager, Fixed Income and Preferred Securities

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1 minute read

January 2023


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Preferreds have delivered double-digit returns in six out of seven years following a negative total return, according to Cohen & Steers.

The following article was published by Institutional Investor and is made available here with permission.

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William Scapell, CFA, Executive Vice President, is a senior portfolio manager for the firm’s preferred securities portfolios.


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