Invesco Preferred ETF

PGX tracks an index of fixed rate USD-denominated preferred securities.

Preferred stock ETFs may be a compelling opportunity for income investors. The Invesco Preferred ETF (PGX) is designed for investors looking for both income and capital appreciation.

The Investor's Guide to Preferred Stock ETFs

Invesco Preferred ETF is a high-yield fund investing in fixed rate preferred securities with at least a B3 rating. The PGX ETF yield is close to 6% and 67% of the portfolio has an investment grade. PGX price and distributions went down by about 40% in 15 years, while cumulative inflation was over 50%.

PGX: 6% Yield And A Decay Story

Elkhorn S&P High Quality Preferred ETF

First Trust Preferred Securities & Income ETF

First Trust Institutional Preferred Securities & Income ETF

Fidelity Preferred Securities & Income ETF

iShares Preferred and Income Securities ETF 

Virtus InfraCap U.S. Preferred Stock ETF

Global X U.S. Preferred ETF

InfraCap REIT Preferred ETF

Global X Variable Rate Preferred ETF

AAM Low Duration Preferred and Income Sec ETF

VanEck Preferred Securities ex Financials ETF

Invesco Financial Preferred ETF

Principal Spectrum Preferred Secs Active ETF

Pimco Preferred And Capital Securities Active ETF

SPDR Wells Fargo Preferred Stock ETF

Global X SuperIncome Preferred ETF

We take a look at the action in preferreds and baby bonds through the second week of April and highlight some of the key themes we are watching.

Preferreds Weekly Review: Bond Interest Deferral Worries Investors

We take a look at the action in preferreds and baby bonds through the fourth week of March and highlight some of the key themes we are watching. Preferreds had a good week as Treasury yields fell on the back of the Fed's more dovish than expected stance. We take a look at how stocks with different spreads over SOFR could react to Fed's cuts.

Preferreds Weekly Review: Keep An Eye On The Spread Of Floating-Rate Preferreds

We take a look at the action in preferreds and baby bonds through the third week of March and highlight some of the key themes we are watching. Preferreds were down for the week due to rising Treasury yields, but most preferred CEF sectors remain positive for the month. Albemarle issued a new preferred stock with a mandatory convertible feature, offering upside participation with less downside than the common and a higher coupon.

Preferreds Weekly Review: Mandatory Convertibles Offer High-Beta Preferred Exposure

Synchrony Financial

We take a look at the action in preferreds and baby bonds through the fourth week of February and highlight some of the key themes we are watching. Preferreds had a strong week with a 1%+ return, driven by a drop in Treasury yields and compression in credit spreads. Different preferreds sectors have different drawdown profiles, offering investors an opportunity to tilt to more resilient securities in anticipation of the next drawdown.

Preferreds Weekly Review: Historic Drawdowns Are Relevant Again

The Invesco Preferred ETF contains preferred shares primarily issued by financial companies and behaves similarly to long-duration junior bonds. We think that short-term news that pushes out rate cuts could weigh on performance. We also continue to worry about deglobalisation, whose effects crop up in new ways to create inflationary long-term pressures that matter for PGX constituents.

PGX: Still Have To Watch Out For Preferreds' Innate Duration

John Hancock Preferred Income ETF

Invesco Variable Rate Preferred ETF

PFFA is a well-diversified and consistently top-performing preferred stock ETF, enabled by management's bold allocation strategy.

U.S. Preferred Stocks Look Attractive And PFFA Is A Top-Performing Preferred Stocks ETF

We take a look at the action in preferreds and baby bonds through the second week of February and highlight some of the key themes we are watching. Preferreds were flat on the week as higher Treasury yields were offset by tighter credit spreads. A high yield-to-call is not a sufficient reason to buy a given preferred.

Preferreds Weekly Review: A High Yield-To-Call Is Not Enough

We take a look at the action in preferreds and baby bonds through the fourth week of January and highlight some of the key themes we are watching. Preferred stock and baby bond market had a good week with most sectors finishing in the green. The article discusses the curious case of Aspen insurer preferred AHL.PR.C and how the coupon conversion worked on the first call date.

Preferreds Weekly Review: AHL Preferred Gets Stuck Near Libor Peak

Invesco Preferred ETF is popular with income-oriented investors due to its 6.5% yield, but it may not be ideal for long-term cash parking. The fund holds preferred stocks from big banks and other income-generating names, many of which are trading at a discount to their par value. PGX's high expense ratio eats into its dividend payments, leading to annual dividend cuts and a drop in income over time.

PGX: Fees Eating Into Dividends And Total Returns

Invesco Preferred ETF is mainly a financial ETF exposed to preferred shares, with a dominant exposure to the banking sector. The condition of national banks is pretty good in the U.S., especially as they absorb deposits from regional banks with relatively better ability to offer attractive rates. While short-term interest rates may be settling down, long-term rates are a concern for preferred investors, as changes in these rates can significantly impact the value of preferred shares.

PGX: Duration And Deglobalization Aren't A Great Combo

The Invesco Preferred ETF offers a steady stream of income with potential for capital appreciation through fixed-rate US dollar-denominated preferred securities. PGX's portfolio is concentrated in the financial and utilities sectors, with holdings from reputable institutions such as JPMorgan Chase and Wells Fargo. While PGX has consistently delivered dividends, its performance has been underwhelming compared to peers, and there are risks associated with investing in the fund.

PGX: I'd Rather Go With Bonds

JPMorgan Equity Premium Income ETF

Schwab US Dividend Equity ETF

Invesco S&P 500 Low Volatility ETF

iShares 20+ Year Treasury Bond ETF

After prolonged discussions with readers and countless requests, I decided to finally write a retirement-focused article. In this article, I present a model portfolio consisting of ETFs that come with high income and stability, which is key when it comes to achieving satisfying long-term returns.

The Near Perfect High-Yield Retirement Portfolio

Invesco Taxable Municipal Bond ETF

Invesco Senior Loan ETF

Invesco Emerging Markets Sovereign Debt ETF

Invesco Fundamental High Yield Corporate Bond ETF

Invesco has six non-core fixed income ETFs that advisors can add to portfolios to create alpha opportunities and increase portfolio diversification. Exposure to non-core fixed income is important as the largest U.S. bond index only provides exposure to approximately 40% of the U.S.

Use Invesco's Non-Core Fixed Income ETFs to Enhance Returns

PGX's yield has climbed over the past few years and stands at an attractive 6.3%. The fund's high level of qualified dividends makes the ETF's yield more appealing.

PGX: The Low, Low Price Of A High Yield

The PGX ETF provides exposure to an index of fixed-rate preferred shares. PGX pays a generous 5.8% trailing distribution yield.

PGX: Headwinds From Higher Interest Rates

ARK Fintech Innovation ETF

ARK Innovation ETF

ARK Web x.0 ETF

iShares JP Morgan USD Emerging Markets Bond ETF

iShares MSCI Mexico ETF

iShares iBoxx High Yield Corporate Bond ETF

iShares Trust iShares 1-5 Year Investment Grade Corporate Bond ETF

Renaissance IPO ETF

iShares iBoxx $ Investment Grade Corporate Bond ETF

Proshares Online Retail ETF

Invesco Golden Dragon China ETF

Invesco S&P 500 High Beta ETF

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

Main Thematic Innovation ETF

Stock markets started 2023 with a bang, as major indexes posted solid gains in January. Some of the best ETFs and mutual funds jumped.

Stocks Are Off To Stellar Start This Year; Can It Continue?

Investors looking for yield frequently focus only on common stocks. Preferred stocks can provide a steady dividend income because companies are less likely to reduce dividends on preferred stocks than they are common stocks.

Invesco Preferred Portfolio ETF: Lower Price, Higher Yield

Icahn Enterprises

JPMorgan Chase & Co

Prudential Financial

Southern Company

Brookfield Renewable Partners

There are many reasons to be upbeat about dividend stocks right now. The Federal Reserve appears to be ready to slow down the pace of its interest rate hikes.

The 7 Best Dividend Stocks to Buy in November

PGX's price dropped by 21 percent in 2022, which otherwise has remained stable ($14 to $15) since the end of the global financial crisis. PGX has been paying monthly dividends for the past 15 years, with a yield mostly between 5 and 7 percent. It generates a coupon income of 5.52 percent.

PGX: Preferred Stock Fund With Stable Price And Steady Yield

iShares Core Conservative Allocation ETF

SPDR Gold Trust

Global X NASDAQ 100 Covered Call ETF

Pacer Funds Trust-Pacer Benchmark Data & Infrastructure Real Estate Sector ETF

Vanguard Utilities ETF

Consumer Staples Select Sector SPDR Fund

The best funds for conservative investors limit the downside relative to more growth-oriented investments. Here are seven for your watchlist.

7 Best Funds for Conservative Investors

A preferred stock is a hybrid security that has characteristics of both debt and equity.

Guide to Preferred Stock ETF Investing

When most people think about income-producing stocks, they think of dividend-paying common stocks. Preferred stocks frequently offer a higher dividend yield, and these dividends can be more stable.

PGX: Preferred Shares Could Help You In A Down Market

As the name implies, Invesco Preferred Portfolio ETF (PGX) allows Preferred stock investing without the pros/cons of leverage most CEF employ.

News for Invesco Preferred ETF ETF (PGX)