Mutal Fund to ETF Conversion Continues

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IPDP is made up of large cap common dividend stocks and has an underlying option strategy. IPPP, invests in U.S. preferred stocks with a focus on generating income.

ETF Newz Says:

“As our investors’ interests are a top priority, we recognize the benefits in converting our mutual funds to actively managed ETFs,” said Dave Gilreath, managing director and chief investment officer of Innovative Portfolios. “Exchange-traded funds offer greater transparency, tax efficiency, and lower fees for investors who are looking to add potential for greater income generation.”

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