Winans International: Preferred Stocks - Front Runner in Global Stock Market Rally!
NOVATO, Calif., Oct. 1 /PRNewswire/ -- Preferred stocks are the bright spot in an otherwise very volatile investment climate. With most of the global stock markets providing mediocre returns, preferreds are proving to be one of the best performing investments in 2010.
Winans International Preferred Stock Index |
||||
$Chg |
$Chg |
Current |
||
Value |
YTD |
12-Month |
Yield |
|
23.66 |
22.8% |
25.9% |
7.25% |
|
S&P 500 Index |
||||
$ Chg |
$Chg |
Current |
||
Value |
YTD |
12-Month |
Yield |
|
1141.2 |
2.3% |
10.8% |
1.8% |
|
Dow Jones Corporate Bond Average |
||||
$Chg |
$Chg |
Current |
||
Value |
YTD |
12-Month |
Yield |
|
114.3 |
5.7 % |
5.3% |
3.76% |
|
As the table shows, the Winans International Preferred Stock Index (WIPSI)™ is significantly outperforming common stocks and corporate bonds in 2010 and still presenting investors with reasonable yields.
"At Winans International, our income portfolios are posting profitable returns this year, and we are continuing to reallocate more towards preferred stocks within our investment holdings," says Ken Winans, the firm's President and author of the award-winning book "Preferreds."
Looking beyond 2010, history is on the side of preferred stocks as a great income investment. Since 1900, preferred stocks advance 75% of the time and have historically outperformed corporate bonds with average annual returns of 7.4% versus 6.5%.
The Winans International Preferred Stock Index (WIPSI)™ is the only index that measures diversified group of U.S. preferred stock prices and yields from 1900 to present day. More information on the Winans International Preferred Stock Index (WIPSI)™ can be found at: www.winansintl.com & www.globalfinancialdata.com.
SOURCE Winans International
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