Investors Turning to Dividend-Paying ETF

By
A A A

iShares S&P U.S. Preferred Stock Index Fund (NYSE: PFF ) - This income exchange-traded fund (ETF) seeks to track the performance of the U.S. Preferred Stock Index. It pays a dividend of $2.58, yielding 6.47% (SEC 30-day yield of 6.09%).

PFF has traded in a narrow range of $38.50 to $40 for more than nine months. However, in times of crisis, the fund will fluctuate. Although not shown on the chart, the low of last year was made in May below $36 on rumors of the possible failure of some European banks, which turned out to be false. Following the mini-crisis, the fund sprang back to its normal trading range.

Note that accumulation is rising as more investors find this preferred stock fund a valuable addition to their portfolios to satisfy their long-term income and diversification needs.


Trade of the Day - iShares S&P U.S. Preferred Stock Index Fund (NYSE: PFF)

Trade of the Day Chart Key

If you have questions or comments for Sam Collins, please e-mail him at samailc@cox.net .



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: ETF , PFF

Sam Collins

Sam Collins

More from Sam Collins:

Related Videos

Stocks

Referenced

Most Active by Volume

34,408,642
  • $132.69 ▲ 0.99%
33,732,626
  • $16.7715 ▲ 0.25%
29,113,405
  • $2.98 ▲ 18.73%
23,127,916
  • $34.9899 ▲ 3.43%
22,097,764
  • $9.095 ▼ 4.16%
20,435,780
  • $3.33 ▲ 9.18%
18,566,306
  • $93.3333 ▼ 0.58%
17,730,070
  • $34.665 ▼ 1.15%
As of 5/22/2015, 02:51 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com