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Third Quarter 2023 - Preferred Stocks

Returns for preferred stocks outperformed returns in the broader stock market in the third quarter of 2023. During the quarter, the SPPREF Index (Benchmark Index) was down 0.28%, while the S&P 500® Index posted a 3.27% loss and the Dow Jones was down 2.10%. Other fixed-income alternatives were mixed as High Yield Bonds increased by 0.46% and Investment Grade Bonds fell by 3.23%.


See the attached Preferred Stocks report below:




You can also download the report if you'd like to read it offline.

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