Alternatively, you could take a look at PFF

来源: 于 2024-09-20 11:56:14 [旧帖] [给我悄悄话] 本文已被阅读：次

It is a preferred stock ETF with no leverage with 6.21% yield. (PFFA, its sister ETF has leverage but yield 9%)

Preferred stock should be safer than muni, especially in rate cutting cycle. However, I did not mention this first time as the time to buy them is 6 months ago, in anticipation of the rate cut. Right now, it's share price has gone up some already