The manager of 2021’s top-performing active ETF says the US is headed for a period of slow growth and high inflation in 2022 after a Fed policy shift

• Jay Hatfield fears rising inflation and a Fed policy shift could lead to “stagflation” in 2022.
• The portfolio manager says income-producing portfolios typically outperform during these periods.
• Hatfield recommended four strategies to help investors navigate the market and profit post-pandemic.

As the Dow Jones and S&P 500 continue to grind out new highs amid the best quarterly earnings growth since 2009, investors and portfolio managers have been celebrating their post-pandemic success.

None more than Jay Hatfield, the portfolio manager of InfraCap MLP ETF, who has managed to lead his fund to outperform all of its actively managed ETF peers in 2021, according to figures from ETF Database.

Hatfield, who also leads the Virtus InfraCap US Preferred Stock ETF and the InfraCap REIT Preferred ETF, isn’t resting on his laurels, however.