Wells Fargo: Adding Duration To My Portfolio With A 6.3% Yielding Preferred
WFCWells Fargo(WFC) Seeking Alpha·2024-06-22 23:40
JHVEPhoto/iStock Editorial via Getty Images Introduction As mentioned in some of my previous articles, I’m trying to add some duration to my fixed income portfolio. Preferred shares are an important part of my income-focused portfolio, but I am keeping close tabs on the financial performance of the issuers on a quarterly basis, just to make sure I can take action if/when there’s a need to fine-tune my positions. My objective is to review these investments on a quarterly basis, which is even more importa ...