MW Preferred Income Strategy
The goal of the MW Preferred Income Strategy is to diversify clients’ income and growth investments through a select portfolio of preferred stocks underlying financial institutions, insurance companies and banks. Each preferred stock underlying the portfolio has been chosen for its risk-profile, income characteristics, stability and creditworthiness. The strategy offers access to an asset class that may offer stability and seniority relative to traditional equity securities. The strategy’s primary investment objective is high current income primarily through fixed and floating rate preferred securities that may generate qualified dividends; and its secondary objective is total return.