Preferred Stock ETFs: Are 6% Yields Worth the Risk?
April 02, 2013 at 15:21 PM EDT
The iShares S&P U.S. Preferred Stock Index Fund (NYSEArca: PFF) is up 3% so far this year and just capped its sixth straight quarter of gains to trade at its highest price level since the financial crisis. For conservative investors who want to avoid volatility and generate yield, preferred...