Looking for yield amongst the rubble: A preferred stocks ETF
Many investors by the past couple of months, sensing volatility in the market, have been rebalancing their portfolios absent from stocks and toward fixed income. final week, we saw humans stepping up and buying preferred stocks as well.
Interesting decent, finding a good list, database, or general resource for preferred stocks is not so easy. (Good view for a start-up, anyone?)
So, when I came across investingfromtheright’s blog
post yesterday about a new-ish Exchange Traded Fund (ETF) from PowerShares called PowerShares Financial Preferred Portfolio (AMEX: PGF), it piqued my interest.
From the blog post, I learned the following:
Continue reading Looking for yield amongst the rubble: A preferred stocks ETF
Original post by Zack Miller
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