BlackRock Lists International Preferred Stock ETF
November 18, 2011 at 11:13 AM EST
Exchange traded fund providers continue to roll out new products designed to satisfy investors’ craving for yield. BlackRock’s iShares has launched the iShares S&P International Preferred Stock Index Fund (NYSEArca: IPFF). It has an expense ratio of 0.55%. “The fund is the first ETF that offers...