Innovative Portfolios: ‘Preferred-Plus’ ETF Aims For Income

The issuer’s chief investment officer talks about the objectives of its preferred stock ETF.

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Reviewed by: Innovative Portfolios
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Edited by: Innovative Portfolios

[This ETF Industry Perspective is sponsored by Innovative Portfolios in partnership with Cboe Global Markets.]

Innovative Portfolios recently entered the ETF market with the conversion of two of its mutual funds into ETFs. Here, Chief Investment Officer David Gilreath discusses the laser focus of its Preferred-Plus ETF (IPPP) on income and how the fund uses options and high yield preferred stocks to achieve its goals.