Introduction
In this monthly article, I'll review the less popular fixed-income securities, sorted into several categories: Floored preferred stocks, third parties, trust preferred stocks, and the preferred units, including those with a K-1. This makes a total of 88 securities, 50 of which are part of the largest primary exchange-traded fixed-income ETF: the iShares U.S. Preferred Stock ETF (PFF). I understand they are not as numerous as the regular preferred stocks and baby bonds, but that does not make them less important or interesting. They are specific in themselves and it is best