Why PFFA Keeps Raising Its Dividend

Video Description

How does PFFA deliver a 9.6% yield—and keep raising it? In this exclusive interview, I sit down with Jay Hatfield, founder and fund manager at InfraCap, to break down exactly how PFFA works. We talk about active management, trading strategy, distribution policy, interest rate risk, and how the fund navigates volatility like the recent tariff tantrum. If you're looking for monthly income from preferred stocks, this one's for you. ➡️ Join Armchair Insider to receive my Portfolio (it's free): https://armchairinsider.beehiiv.com/subscribe ❤️ Love Income Investing? Check out our Community: https://armchairincome.link/insider ✏️ LINKS FROM TODAY'S EPISODE: ➡️ My Favorite Dividend Tracker, Snowball: (Create a Free Account, and the 10% Discount will appear under "Subscribe"): https://armchairincome.link/snow ➡️ My #1 Research Tool: Seeking Alpha ($30 Coupon +Free Trial): https://armchairincome.link/SeekingAlpha Previous Interview with Jay: https://youtu.be/dkxWIJwO1k0?si=Q_TUq_7tPtBHb3Vx&list=PLnz-9sqOVpmgZl1faPfKF_Xcce9u03Lhz ======================================= Timestamps: 00:00 Introduction 00:25 Do you expect PFFA distributions to continue increasing each year? 02:46 What would cause you to cut the PFFA distributions? 07:55 Did any of the stocks in the PFFA portfolio cut their dividends during Covid? 12:10 Can you explain your personal investment in PFFA? 14:03 How will tariffs affect PFFA? 17:51 Which economic or policy factors would most affect PFFA? 20:35 What effect would the Fed cutting rates have on PFFA? 24:16 Why has the price of PFFA trended down since October? 25:44 Did you make any changes to leverage during the tariff chaos? 28:25 Tax and Return of Capital 32:31 How would you characterize the credit of the PFFA holdings? 34:12 What percentage of the PFFA portfolio is fixed versus floating? 38:04 Does the price of PFFA reflect the average price of the preferred stocks it holds? 38:52 Why do preferred investors prefer cumulative preferred stocks? 42:46 What do you think of the PFFA price in the $20 to $21 range? ======================================= 🤓 DETAILED INFORMATION: ✅ Seeking Alpha: My #1 source of income investment information. I've been a subscriber for more than 7 years and my favorite feature is the collection of analysis articles for any given stock or fund. https://link.seekingalpha.com/R42XQZ/4G6SHH/ ✅ Snowball Portfolio Tracker: Keep track of your stocks, ETFs, CEFs, MLPs, etc in one easy-to-use place. View upcoming dividend payouts, daily/monthly/yearly income. Subscribe to the Free Account, and the 10% Discount will appear: https://armchairincome.link/snow (or enter "armchairincome" for the Promo Code) ------------------------------------------------------ The information on this Youtube channel and the resources available, are for educational and informational purposes only, and should not be construed as financial advice. No information provided by the channel should be considered as a recommendation that any particular security or investment is suitable for any specific person. Always do your own research before investing. Some links provided above may be associated with affiliate programs. If so, use of those links will not incur any additional cost to the user (and will, in many cases, provide a benefit to the user) and may result in a referral commission to this channel. Examples of companies with affiliate links offered on this channel include Snowball, and Seeking Alpha. The content of this channel represents the presenter’s opinions, which may not reflect those of the companies with which the channel has an affiliate relationship. If any episodes on this channel are sponsored, there will be a verbal disclosure during the video, and a written disclosure in the description of that video, identifying the sponsor. All opinions and views mentioned in this video or corresponding reports constitute our judgments as of the date of publication and are subject to change at any time. Information within this material is not intended to be used as a primary basis for investment decisions and should also not be construed as advice meeting the particular investment needs of any individual investor. Trading signals produced by Armchair Income are independent of other services provided by Armchair Income or its affiliates, and positioning of accounts under their management may differ. Please remember that investing involves risk, including loss of principal, and past performance may not be indicative of future results. Armchair Income, its members, officers, directors and employees expressly disclaim all liability in respect to actions taken based on any or all of the information provided here. AI music made by Suno #armchairincome #seekingalpha #snowball #ad #IncomeInvesting #HighYieldInvestments