Compass Diversified Navigates Its Preferreds Away From The Song Of The Sirens

Compass Diversified Holdings has decided to divest its preferred stock portfolio, marking a significant shift in its investment strategy. This move is part of the company's effort to focus more on its core businesses and reduce exposure to volatile markets.

The company's preferred stock portfolio, which includes investments in various sectors, has been a significant part of its overall portfolio. However, the company believes that this divestment will allow it to better allocate its resources and improve its long-term performance.