How To Diversify Your Portfolio With Preferred Stocks. Today's Guest Jay Hatfield ~$1 Billion In AUM

My guest today is Jay D. Hatfield, CEO, Instructure Capital, and
Portfolio Manager of PFFR with approximately $1 billion in assets
under management. This is Jay's second time on the show and he
shares his current market outlook, how to properly diversify a
portfolio, and how to find undervalued preferred stocks.
  Jay's Bio:  Mr. Hatfield has almost three
decades of experience in the securities and investment
industries. At ICA, he is the portfolio manager of InfraCap MLP
ETF (NYSE: AMZA), Virtus InfraCap U.S. Preferred Stock ETF (NYSE:
PFFA), InfraCap REIT Preferred ETF (NYSE: PFFR) and a series of
hedge funds. He leads the investment team and directs the
company’s business development. During his career, Mr. Hatfield
has gained a broad perspective on the U.S. financial markets with
years as an investment banker, a research director and portfolio
manager, and as a co-founder of a NYSE-listed company. Prior to
forming ICA, he partnered with senior energy industry executives
to acquire several midstream MLPs. These companies were merged to
form a company now known as NGL Energy Partners, LP (NYSE: NGL).
NGL went public in May 2011 and Mr. Hatfield is currently a
general partner. In the years prior to forming NGL, Mr. Hatfield
was a portfolio manager at SAC Capital (now Point72 Asset
Management), running a portfolio focused on income securities. He
joined SAC from Zimmer Lucas Partners, a hedge fund focused on
energy and utility sectors, where he was head of research.
Earlier in his career, he was head of an investment banking unit
at CIBC/Oppenheimer and a Principal in an investment banking unit
at Morgan Stanley & Co. He began his career as a CPA at Ernst
& Young. He holds an MBA from the Wharton School at the
University of Pennsylvania and a BS from the University of
California at Davis. Frequently appears on or is quoted in
Barron's, The Wall Street Journal, Yahoo Finance, TD Ameritrade
Network, and Bloomberg Radio and TV and numerous other media
outlets. In additional to asset management, Mr. Hatfield founded
Tutoring America, a non-profit organization dedicated to
providing low-income students with supplemental tutoring services
so that they can catch up to grade level in both math and English
language arts.  Learn more: https://www.infracapfunds.com/