Beyond the Yield: The Discipline Behind Preferred Income

Preferred stocks sit between bonds and common shares. Many advisors know they exist, but fewer have had a close look at how they work inside a portfolio. In this episode of Radian Talks, Eric Caisse, Chief Investment Officer at Csenge Advisory Group, sits down with Larry J. Tolbert, CEO and Founder of Radian Partners and architect of its preferred portfolio. Larry shares what first drew him to preferred securities, how he evaluates the companies issuing them, and why patience matters when the right holdings can be difficult to buy. Eric explains how his team finds liquidity, executes trades, and helps manage risk. During their conversation, they explore: Where preferred securities may fit alongside fixed income and cash Why a change in market price does not necessarily change the dividend income a holding pays How credit quality, interest rates, redemptions, and careful trade execution shape the strategy 🎧 Tune in to “The Income Between Stocks and Bonds” for a closer look at the research and discipline behind Radian’s preferred portfolio. #RadianTalks #PreferredStocks #IncomeInvesting #PortfolioStrategy