Concept
Version 5
Created by Boundless
Preferred Stock
![Bond](../../../../../../../../../figures.boundless-cdn.com/9234/full/bond.jpeg)
Bond
Preferred Stocks are considered a hybrid security with properties of both stocks and bonds, but are subordinate to bonds when it comes to rights of claim to company assets.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"ETF Spotlight: High-Yield Corporate Bonds | ETF Trends."
http://www.etftrends.com/2012/05/etf-spotlight-high-yield-corporate-bonds-2/
ETF Trends
CC BY.