Global X Launches a Yield-Generating Pref ETF
September 13, 2017 at 14:54 PM EDT
Global X Funds rolled out a cheap U.S. preferred securities-related exchange traded to help fixed-income investors diversify a yield-focused portfolio. On Wednesday, Global X launched the Global X U.S. Preferred ETF (BATS: PFFD). PFFD comes with a 0.23% expense ratio, the cheapest of any ETF...