That's reflected in an unremarkable portfolio of about 240 preferreds, which are predominantly from financial-sector companies likeWells Fargo (WFC)andCharles Schwab (SCHW). Credit quality is a bit lower than your typical preferred fund, with only about half (51%) of its assets wrapped up in...
It does this through a very focused investing approach, targeting the top 75 stocks in the S&P 500 with thehighest dividend yields, though no more than 10 stocks from a single sector can be included. From there, the fund narrows it down to the 50 or so stocks with the lowest volatility....