Closed-End Fund Commentaries
Dec 21, 2016
Click here to access The Potential for Tax-Advantaged Income From Preferred Securities
Preferred securities currently offer some of the highest yields in fixed income. But after tax, they may also provide an income advantage—regardless of your tax bracket—that exceeds most other fixed income choices. The reason is that distributions from many preferred securities are taxed as qualified dividend income (QDI), rather than as regular interest income, which helps investors keep more of what they earn.