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Ulland Ranked #2 in Q3 2020 Lipper U.S. Fixed Income Universe

Ulland Investment Advisors’ Intelligent Fixed Income strategy was ranked #2 in Lipper’s U.S. fixed income universe for Q3 2020.  The universe includes 1,180 money mangers/funds who reported Q3 returns across all fixed income styles.  Please see the link below for the Q3 2020 Lipper rankings.

Lipper Q3 2020 U.S Fixed Income Rankings

The Risks of Passive Investing – Trouble Ahead for PFF?

Much has been written about the benefits of investing in passive exchange-traded funds (ETFs), namely market returns with a low management fee. However, investors need to consider the unique risks that arise when an ETF begins to dominate a niche space such as the preferred market.

In this article we will evaluate the largest ETF in the U.S. preferred stock market, the iShares U.S. Preferred Stock ETF (Ticker: PFF), which currently holds nearly $17 billion in assets. As an active preferred stock manager, Ulland Investment Advisors manages just over $225 million in the preferred space. We can offer a unique insight into the hidden risks associated with the PFF ETF, specifically focusing on market size risk, liquidity (or lack thereof) and interest rate risk (duration).


Ulland Investment Advisors

4550 IDS Center · Eighty South Eighth Street · Minneapolis MN 55402 · Telephone: 612-312-1400 · Facsimile: 612-204-3464