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

Secret Ways to Make Money
Secret Ways to Make Money           

Stocks

Referenced

Most Active by Volume

37,370,653
  • $17.145 ▲ 0.73%
23,680,513
  • $35.545 ▲ 0.07%
17,360,880
  • $14.8601 ▼ 1.00%
16,666,696
  • $126.2801 ▲ 0.68%
16,431,615
  • $41.11 ▲ 7.53%
16,235,508
  • $86.98 ▲ 1.42%
15,845,375
  • $26.5922 ▲ 0.08%
15,701,715
  • $44.445 ▲ 0.67%
As of 7/1/2015, 12:41 PM

Find a Credit Card

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