Preferred stock ETFs are exchange-traded funds that specialize in preferred securities. Using preferred stock ETFs allows investors to spread their investments across multiple companies. Moreover, investors don’t need to pick and choose which company and which series of preferred shares to own. On top of that, ETFs trade just like regular stocks. By investing in preferred stock ETFs, investors can save the commissions paid to brokers if they were to buy dozens of preferred stocks themselves. However, like all ETFs, preferred stock ETFs charge a management fee. So when choosing preferred stock ETFs, it’s important to take into account their management expense ratio, or MER. Now, let’s take a look at the top preferred stock ETFs for 2017...
iShares S&P US Pref Stock Idx Fnd (ETF) (NYSEARCA:PFF) seeks to track the investment results of the S&P U.S. Preferred Stock Index. It has an expense ratio of 0.47% and an annual dividend yield of 5.65%. PowerShares Preferred Portfolio(ETF) (NYSEARCA:PGX) is an ETF that tracks the Bank of America Merrill Lynch Core Plus Fixed Rate Preferred Securities Index. It is currently yielding 5.68% and has a management expense ratio of 0.50%. First Trust Preferred Securities and Income ETF ETF (NYSEARCA:FPE) is quite different from the preferred stock ETFs we mentioned so far in that it is actively managed. SPDR Wells Fargo Prfd Stk ETF (NYSEARCA:PSK) is an exchange traded fund that seeks to provide investment results of the Wells Fargo Hybrid and Preferred Securities Aggregate Index. PowerShares Fin. Preferred Port. (ETF) (NYSEARCA:PGF) is an exchange traded fund based on the Wells Fargo Hybrid and Preferred Securities Financial Index. Investors interested in preferred stock ETFs but also want to get global exposure should take a look at iShares International Preferred Stock ETF (NYSEARCA:IPFF). For investors that don’t want financial sector exposure in their preferred stock ETF, they should check out Market Vectors ETF Trust (NYSEARCA:PFXF), also known as VanEck Vectors Preferred Securities ex Financials ETF.
Source: Income Investor
Related Articles:
- 6 Higher Yielding Basic Materials Stocks With Growing Dividends
- 7 Dividend Growth Stocks That Could Make You Wealthy
- A Roadmap To Build Wealth With Dividend Stocks
- High-Yield Managed Distribution Policy Funds
- 6 Blue Chip Dividend Stocks For When the Chips Are Down
7 Best Preferred Stock ETFs for 2017
Posted by D4L | Sunday, May 07, 2017 | ArticleLinks | 0 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
In short, dividend-bearing stocks are one of the smartest approaches stock investors have available currently. The same is true in strong ec...
-
If your growth-investing days are over (or nearly so) and you're more interested in steady income, start your search with all-weather st...
-
Even in the current inflationary environment, where stocks across a wide variety of sectors are trading down, companies with a favorable his...
-
Finding cheap dividend stocks is critical for another reason. By the time the Federal Reserve meets for the second time in 2023, the central...
-
Investing in passive income can allow you to make money with minimal portfolio management. There are many types of investments to make passi...
-
Many companies make very predictable fixed dividend payments each quarter. When they do, their investors have a pretty good idea of how much...
-
As 2022 wraps up, many investors are likely looking for ways to position their portfolio for more macroeconomic uncertainty next year. After...
-
Linked here is a detailed quantitative analysis of Chevron Corporation (CVX). Below are some highlights from the above linked analysis: Comp...
-
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is crushing the market this year as value and dividend stocks have pulle...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.