Are off and pgx bonds and are the good buys that will increase I value


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Invesco Preferred ETF (PGX):
- Attractive Yield: The PGX ETF offers a 30-day SEC yield of 5.97% as of June 11, 20241, which is a competitive yield in the fixed-income market.
- Diversification: It invests in a diversified portfolio of fixed-rate preferred securities, which helps spread risk across various issuers and industries2.
- Stable Performance: The ETF has shown stable performance with a 5-year total revenue of $1.82 billion and a net income of $0.18 billion.
- Risk Considerations: It's important to note that preferred securities can be less liquid than other securities and may be subject to interest rate risk3. Additionally, the recent rate hikes have led to preferred securities being called, which could affect reinvestment options4.
Southern Company - Corporate Bond (SOJC):
- Analyst Recommendation: Jefferies initiated coverage with a Hold recommendation, suggesting a 0.48% upside5.
- Financial Projections: The company is projected to have an annual revenue of $27.61 billion, an increase of 5.61%, and a non-GAAP EPS of $4.215.
- Portfolio Allocation: Institutional ownership has increased, indicating positive sentiment5.
- Credit Ratings: The bond is not rated, which could indicate higher risk3.
Apollo Global Management, Inc. - Corporate Bond (APOS):
- Analyst Recommendation: Wells Fargo initiated coverage with an Overweight recommendation, suggesting a 13.28% upside6.
- Financial Projections: The company is projected to have an annual revenue of $15.346 billion, a decrease of 40.88%, and a non-GAAP EPS of $8.286.
- Portfolio Allocation: There has been a decrease in institutional ownership, but the average portfolio weight remains high6.
Regional Financial Corporation - Preferred Stock (RF.PRC):
- Outperform Upgrade: Wedbush upgraded the outlook from Neutral to Outperform7.
- Portfolio Allocation: There has been a decrease in institutional ownership, but the average portfolio weight has increased7.
Invesco Preferred ETF (PGX) remains a strong candidate for consideration due to its attractive yield and stable performance. However, investors should monitor market conditions and interest rate risks.
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