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

74,282,785
  • $10.84 ▲ 11.64%
60,794,128
  • $17.12 ▲ 0.71%
55,628,662
  • $35.59 ▼ 1.00%
55,306,290
  • $116.47 ▲ 0.14%
55,118,241
  • $39.75 ▼ 0.43%
53,597,648
  • $9.41 ▲ 8.29%
41,889,990
  • $47.98 ▼ 1.48%
35,692,375
  • $97.34 ▼ 0.57%
As of 11/21/2014, 04:15 PM

Find a Credit Card

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