Group 1 - The article focuses on the undervalued preferred shares of AXIS Capital Holdings Limited (NYSE: AXS) and analyzes their yield spread, which has widened significantly compared to similar instruments [1] - The investment group Trade With Beta, led by Denislav, provides features such as frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, hedging strategies, and an actively managed portfolio [1] - The article expresses a beneficial long position in the shares of AXS.PR.E, indicating a personal investment interest by the author [1]