Fintel reports that on April 17, 2025, Benchmark initiated coverage of XOMA Royalty Corporation - Preferred Stock ...

Preferred stock is frequently misunderstood and overlooked. As the name suggests, preferreds are equities, but they also have characteristics of bonds. Currently, they offer higher yields than ...

However, inflation may take its toll and the heavy weight of financials in the portfolio ... investment grade U.S. dollar denominated preferred stock, as well as certain types of hybrid securities ...