The YouTuber recommends PFFE for its 6.2% dividend yield, investing in preferred shares which offer higher dividends and payment priority over common stockholders in liquidation. As a variable rate fund, it benefits from rising interest rates and offers a low expense ratio, primarily investing in financial sector preferred shares.
“The globalx variable rate preferred etf ticker pffe is another interesting option you don't hear about much and offers a 6.2 dividend yield.”