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home / news releases / pffd beware financials exposure

PFFD - PFFD: Beware Financials Exposure

Global X U.S. Preferred

2023-05-06 22:17:03 ET

Summary

  • PFFD provides exposure to a broad index of preferred securities.
  • PFFD has 71% exposure to financial preferreds.
  • With the ongoing regional banking crisis, financial preferreds will continue to come under pressure.
  • Until a comprehensive solution is found to the banking crisis, I suggest investors avoid the PFFD ETF.

For further details see:

PFFD: Beware Financials Exposure
Stock Information
Company Name: Global X U.S. Preferred
Stock Symbol: PFFD
Market: NYSE
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