The VRP ETF provides exposure to variable rate preferred equities and hybrid securities. Preferred equities sit between debt and common equity in the capital structure and trade inversely to credit ...
VRP's portfolio consists of 85 exchange-traded holdings with an average credit score close to Baa3, split into bonds (13%) and preferred stock (87%). OTC Preferred stocks represent close to 50% of the ...
Cryptocurrency mania has steadily grown since Bitcoin was first introduced and took the financial world by storm. Now that Bitcoin’s halving process is over, the big question is what happens now? As a ...
The Fund seeks investment results generally corresponding to the price and yield of the Wells Fargo Hybrid and Preferred Securities Floating and Variable Rate Index. The Index tracks the performance ...