(Preferred) Stock (ETF) Of The Month: PFFD

After reading this article, I decided that I needed to add a preferred stock ETF to my portfolio. Global X U.S. Preferred ETF (PFFD) is the only one that I could find with an expense ratio (a still-not-insignificant 0.23%) that I can stomach.


Boilerplate time...

As a stretch goal: for dividend income purposes, I'd like this portfolio to eventually be as much as a 50/50 split between stocks and bonds. As seen below, it is currently 96/4 - and even if tomorrow all of my stop-loss trigger orders were executed, it would be just 78/22.

I am in no rush to flip into bonds. I would rather let my winners run forever. However, if in any given month I see no stocks that present themselves as especially good buying opportunities, I have no reservations in simply adding to my bond and/or preferred stock ETFs. It is truly a month-to-month situation (as it has always been!).

For the foreseeable future, I want to track my Big Five every month, whether I buy them or not.

Amazon (AMZN)

• $1.54T market cap
• no dividend
• $296.3B revenue
• 26% revenue growth
• $49.3B cash
• $78.2B debt
• $39.7B operating cash flow
• $26.7B free cash flow

Apple (AAPL)

• $1.65T market cap
• 0.9% dividend yield
• $268.0B revenue
• 1% revenue growth
• $94.1B cash
• $118.8B debt
• $75.4B operating cash flow
• $45.0B free cash flow

Microsoft (MSFT)

• $1.61T market cap
• 1.0% dividend yield
• $138.7B revenue
• 15% revenue growth
• $137.6B cash
• $84.0B debt
• $58.1B operating cash flow
• $36.2B free cash flow

NVIDIA (NVDA)

• $251.3B market cap
• 0.2% dividend yield
• $11.8B revenue
• 39% revenue growth
• $16.4B cash
• $7.6B debt
• $5.0B operating cash flow
• $3.2B free cash flow

Tesla (TSLA)

• $253.3B market cap
• no dividend
• $26.0B revenue
• 32% revenue growth
• $8.1B cash
• $15.2B debt
• $2.6B operating cash flow
• $1.6B free cash flow

Here's my current portfolio (buy and hold). As always, I believe in all of these stocks - until I sell them.

Tesla (TSLA) 26.10%
NVIDIA (NVDA) 16.08%
Amazon (AMZN) 13.83%
Apple (AAPL) 11.00%
Microsoft (MSFT) 10.78%
Alphabet (GOOGL) 3.73%
Facebook (FB) 2.65%
Adobe (ADBE) 2.10%
Intuitive Surgical (ISRG) 2.00%
Salesforce (CRM) 1.51%
Visa (V) 1.29%
Costco Wholesale (COST) 1.24%
UnitedHealth Group (UNH) 1.23%
iShares Broad USD High Yield Corporate Bond ETF (USHY) 1.19%
Xtrackers USD High Yield Corporate Bond ETF (HYLB) 1.18%
iShares Core U.S. Aggregate Bond ETF (AGG) 1.15%
Intel (INTC) 1.12%
Advanced Micro Devices (AMD) 0.80%
Autodesk (ADSK) 0.70%
Global X U.S. Preferred ETF (PFFD) 0.32%