A Big Change for a Popular Preferred ETF

Markets ETF Trends

One of the biggest reasons investors like preferred stocks and the corresponding exchange traded funds, such as the PowerShares Preferred Portfolio (NYSEArca: PGX) is yield. Put simply, preferreds and the ETFs that hold them usually sport far higher yields than are found on standard bond investments, but for PGX, that is changing. However, the change…Click to read more at ETFtrends.com.

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