WebWhat is FPFD? FPFD actively invests in preferred and other income producing securities rated at least BB, issued by domestic and foreign issuers, with no specific target … WebMar 30, 2024 · The Fund seeks a high level of current income through investing in preferred and other income-producing securities. Under normal market conditions, the Fund will invest at least 80% of its Managed Assets in a portfolio of preferred and other income-producing securities issued by U.S. and non-U.S. companies, including traditional preferred ...
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