Diversification into preferred stocks protects fixed-income portfolio yields

12/4/2013 | Financial Advisor

Christopher Zelesnick, senior managing director at Ziegler Wealth Management, a firm that has 19 offices in nine states, says his firm's advisors are searching for options for diversifying fixed-income portfolios into alternative sources of income, in preparation for the long-anticipated rise in interest rates. Dividend yield from preferred stocks is one of the options they are considering, he says.

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