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

Russell’s One Good Reason
Russell’s One Good Reason           
Tammy’s One Good Reason
Tammy’s One Good Reason             
Lisa’s One Good Reason
Lisa’s One Good Reason              

Stocks

Referenced

Most Active by Volume

87,324,760
  • $7.31 ▲ 22.04%
79,329,227
  • $17.16 ▲ 0.76%
74,153,988
  • $8.87 ▼ 5.84%
49,177,672
  • $34.01 ▲ 4.39%
44,197,901
  • $101.40 ▲ 1.38%
43,197,735
  • $11.70 ▲ 3.36%
42,712,021
  • $74.99 ▲ 1.19%
42,423,171
  • $108 ▲ 0.95%
As of 10/31/2014, 04:15 PM

Find a Credit Card

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