Preferred Stock ETF Allocation Increased

By on October 2, 2018

LiferaftThe allocation to the iShares U.S. Preferred Stock ETF (PFF) was increased to 5.5% of the SMA Portfolio using the available cash balance. PFF formerly represented 2.7% of the portfolio.

PFF has exhibited weakness over the past month along with other interest rate sensitive investments. PFF has declined 3.7% over the past month.

The price paid for PFF was $36.65 per share.

Disclaimer: It is very difficult to outperform a buy and hold strategy. Many investors have found themselves well served over long time horizons by investing regularly in a diversified portfolio of stocks or low cost, broadly diversified indexed stock funds. Information presented is based on analysis of past data and assessments by the Tactical Timing System model. Future performance may not reflect past performance. Profitable trades are not guaranteed. No system or methodology ensures stock market profits. Although accuracy is strived for, no guarantee is made regarding the accuracy of data presented.

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