Punishment for Preferred ETFs as Rate Hike Looms
November 14, 2016 at 12:35 PM EST
When higher-yielding assets were in style earlier this year, income investors embraced preferred stocks and exchange traded funds, such as the the iShares S&P US Preferred Stock Index Fund (NYSEArca: PFF), the largest preferred stock ETF. However, higher-yielding assets have rapidly fallen out...