Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

TOP 5 PREFERRED ETFs

|Includes:SPDR Barclays Capital Convertible Bond ETF (CWB), PFF, PGF, PGX, PSK

There are currently only 5 significant ETFs in the preferred and convertible ETF sector. More may be issued naturally especially as the drive for yield heats up with baby boomers heading toward retirement and some distrust of equity market conditions. Preferred shares are senior to common stock and entitled to dividends ahead of the former.

Many have credit ratings like bonds. These shares also protect investors to some extent in the event of a company liquidation or merger. Also preferred stock may have a redemption clause (callable) beneficial to the company issuing them.

Read More...
Stocks: CWB, PSK, PGX, PGF, PFF