Preferred ETFs Yielding Over 6% But Come with Risks
May 22, 2012 at 13:56 PM EDT
Preferred stock ETFs are offering yields of more than 6% but their recent price volatility illustrates their risk and dependence on the financial sector after JP Morgan (NYSE: JPM) disclosed unexpected trading losses. Some of the largest ETFs in the category include SPDR Wells Fargo Preferred Stock...