Over the past several weeks, we have been highlighting higher-quality opportunities across the fund and preferred stock sectors. There are several ways to pursue a quality-oriented investment approach. One way is to lean towards funds with portfolios boasting higher credit ratings relative to their sectors. In this article, we take a look at the few of about a dozen sectors whose fund credit ratings we follow on our service. In particular, we highlight the following funds with above-average quality portfolios:
- Nuveen Select Tax-Free Income Portfolio (NXP)
- BlackRock MuniYield Quality Fund II (MQT)
- Nuveen Preferred &