Preferred stock ETFs are an intriguing way to diversify as well as increase the overall yield of a portfolio. A preferred stock provides the income aspect of a fixed income security as well as the growth potential of an equity security. The ETFs in the niche asset class have been trading near multi-year highs and they pay dividends well above that of U.S. Treasury bonds.
Highlighted below is a number of preferred stock ETFs available to investors.
iShares S&P US Preferred Stock Index Fund
The iShares S&P US Pref Stock Idx Fnd (ETF) (NYSE: PFF) consists of 329 publicly traded preferred stocks. The holdings are spread across six countries and 15 sectors. The United States at 76 percent and the United Kingdom at 15 percent represent the most heavily weighted countries. With diversified financials at 35 percent and banks at 27 percent, ...
/www.benzinga.com/etfs/sector-etfs/14/11/5016138/here-are-a-few-preferred-stock-etfs-for-income-and-diversity alt=Here Are A Few Preferred Stock ETFs For Income And Diversity>Full story available on Benzinga.com
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