ETF Chart of the Day: The Power of Preferreds
December 06, 2013 at 12:25 PM EST
Preferred Stock ETFs have mostly traded sideways in the past couple months, with the largest fund in the category PFF (iShares S&P U.S. Preferred Stock, Expense Ratio 0.48%) losing a hefty amount of overall assets year to date via redemption flows ($-1.4 billion). This does not take away from...