Millennials Eager To Retire Early

Preferred securities occupy a unique space between bonds and equities—offering income with investment-grade credit quality and tax advantages. Joseph Bozoyan, Portfolio Manager at Manulife Investment Management, manages the JHPI ETF with the flexibility to invest across institutional, retail, convertible, and European bank preferreds. He discusses the fund’s defensive utility overweight and in-house bank research capabilities, and why current market conditions create opportunities for advisors seeking quality income alternatives.