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

124,429,622
  • $47.87 ▲ 10.45%
86,937,934
  • $9.99 ▲ 6.28%
74,401,985
  • $7.92 ▲ 11.24%
43,464,235
  • $59.64 ▲ 0.69%
42,148,695
  • $130.28 ▲ 0.47%
41,471,941
  • $34.01 ▼ 0.64%
40,701,089
  • $11.99 ▼ 8.75%
39,983,675
  • $15.64 ▼ 0.32%
As of 4/24/2015, 04:15 PM


Find a Credit Card

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