Q: I am interested in investing in preferred shares for income. Where can I find information on preferred shares and do you have any suggestions which is the best type to look at.
5i Research Answer:
This site: https://www.preferredstockchannel.com can have some good information. This one as well, with both a free and paid versions. https://prefblog.com. Considering the outlook for interest rates, we would prefer fixed rate preferreds over resets and floating rate preferreds at this time. We would also see preferreds as 'income' stocks and thus would focus more on quality and safety rather than reaching for a higher yield.