Preferred Stock/Convertible Bonds ETFs that offer exposure to both preferred stock and convertible bonds, which are considered hybrid debt/equity instruments. Preferred stocks are also sometimes considered fixed income because of their stable yields and preferential treatment in the case of bankruptcy. In contrast, convertible bonds are fixed income securities that hold an option to be converted into equity.
Quick Category Facts
- Count: 17 ETFs are placed in the Preferred Stock/Convertible Bonds ETFdb Category.
- Expense Ratio: Range from 0.20% to 0.95%
- Average Expense Ratio: 0.53%
- Issuers with ETFs in this Category include:
First Trust, Global X, Innovator Management, Invesco PowerShares, iShares, Principal Financial Group, State Street SPDR, VanEck, Virtus
As of 04/20/2018