Can PIMCO's New Preferred Share Active ETF Counter Inflation Concerns?
Justin Kuepper
|
Let's examine why preferred stocks could be attractive in today's environment and why...
Net income for the quarter came in at $346.1 million, or 56 cents per share, down 37% from $549.9 million, or 84 cents per share, last year. Excluding special items, earnings were 80 cents per share, compared to 83 cents per share a year ago. Analysts expected to see earnings of 77 cents per share.
Revenue
Revenue came in at $4.71 billion, down 3% from $4.88 billion a year ago. Analysts expected to see earnings of $4.79 billion.
Outlook
Looking ahead, the company expects to see FY2015 growth in the low single-digit range.
For income-focused investors, GIS could be a great choice in the current low interest rate environment. The stock currently offers a dividend yield around 3.16%.
Symbol | Mutual Fund | Stake |
---|---|---|
VTSMX | Vanguard Total Stock Market Index | 1.68% |
MEIAX | MFS Value | 1.64% |
VFINX | Vanguard 500 Index | 1.07% |
Shares of GIS are up 3% YTD.
Receive email updates about best performers, news, CE accredited webcasts and more.
Justin Kuepper
|
Let's examine why preferred stocks could be attractive in today's environment and why...
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Justin Kuepper
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Justin Kuepper
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Daniel Cross
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While CITs and mutual funds share many similarities, there are some key differences...
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Sam Bourgi
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The phrase ‘bear market’ has been thrown around a lot lately, but it...
Net income for the quarter came in at $346.1 million, or 56 cents per share, down 37% from $549.9 million, or 84 cents per share, last year. Excluding special items, earnings were 80 cents per share, compared to 83 cents per share a year ago. Analysts expected to see earnings of 77 cents per share.
Revenue
Revenue came in at $4.71 billion, down 3% from $4.88 billion a year ago. Analysts expected to see earnings of $4.79 billion.
Outlook
Looking ahead, the company expects to see FY2015 growth in the low single-digit range.
For income-focused investors, GIS could be a great choice in the current low interest rate environment. The stock currently offers a dividend yield around 3.16%.
Symbol | Mutual Fund | Stake |
---|---|---|
VTSMX | Vanguard Total Stock Market Index | 1.68% |
MEIAX | MFS Value | 1.64% |
VFINX | Vanguard 500 Index | 1.07% |
Shares of GIS are up 3% YTD.
Receive email updates about best performers, news, CE accredited webcasts and more.
Justin Kuepper
|
Let's examine why preferred stocks could be attractive in today's environment and why...
News
Markets have continued their rally over the past two weeks, as falling inflation...
Justin Kuepper
|
In this article, we'll look at Element Funds' new Element EV, Solar &...
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...