Preferred ETF with 6% Dividend Trying to Break Out
February 28, 2013 at 14:26 PM EST
Preferred stock ETFs have delivered nicely for shareholders with steady returns, decent yields and low volatility. The iShares S&P U.S. Preferred Stock Index Fund (NYSEArca: PFF) is the largest ETF in the category and pays a 12-month yield of 6%. Now the fund is trying to break out to its...
