Bungling Banks Plague Preferred ETFs
February 12, 2016 at 07:30 AM EST
With Treasury yields declining, these should be go-go days for interest rate-sensitive preferred stocks and exchange traded funds. The iShares U.S. Preferred Stock ETF (NYSEArca: PFF) and the PowerShares Preferred Portfolio (NYSEArca: PGX), each with trailing 12-month dividend yields in the area of...