High-Yield Preferred ETFs Stabilize After Downdraft
July 19, 2013 at 10:27 AM EDT
The largest ETF focused on “Preferred Stocks”, PFF (iShares S&P U.S. Preferred Stock, Expense Ratio 0.48%), has stabilized this week from the June carnage that it experienced in terms of a steep downdraft and institutional selling amid the all too familiar rising rate fears in the marketplace....