Graham Day, VP of Product Development & Research and Bruce Bond, Co-Founder & CEO of Innovator Capital Management discuss the firm’s S&P Investment Grade Preferred ETF (EPRF), and how it can be leveraged to generate income and improve overall preferred credit quality in a portfolio.
Preferred stockholders get priority over common stockholders when it comes to things like, dividends, asset distributions of any kind and repayment in the case of default. The preferred stock market as whole represents a mix of private and public companies, with the majority being unrated. Over the last decade, preferred stock ETFs and funds have seen increased inflows, as income has been more difficult to come by.
EPRF is made up of 100% investment grade, high quality preferred stocks. The ETF can help provide diversified credit exposure and serve as an alternative to corporate and high yield bonds.
Innovator ETFs, founded by ETF legend Bruce Bond, seeks to bring innovation and disruption to the ETF landscape. Innovator, the self-proclaimed home of the defined outcome ETF, offers advisors low cost and tax efficient access to buffered products.
To learn more, register for Innovators webcast: It’s Time to Re-think Your Preferreds.
From the firm that was the first to introduce Defined Outcome ETFs to investors, Innovator Capital introduces EPRF, the only ETF that holds 100% investment grade preferred stocks. In a market environment that can feel skittish, investors seek reliable streams of income. Compared to other investments that have historically offered higher yields, such as high yield, senior loans, and preferred ETFs that offer broad preferred market exposure, EPRF offers competitive yields, but without compromising on credit quality. Join us as we present EPRF, and discuss how it is constructed and how to use it in client portfolios.