PFF
iShares U.S. Preferred Stock ETF  |  NYSEARCA
52wk high:40.34
52wk low:35.89
Expense Ratio:0.47%
Div Frequency:Monthly
Div Rate (ttm):2.18
Yield (ttm):5.74%
Assets (AUM):$17.03B
Volume:
  • Sun, Jan. 1, 5:26 AM
    • Barron's ranks the best and worst places for income-focused investors in a rising-rate world. In order of appeal:
    • Depressed European stocks: "Valuations have gotten more reasonable and dividend yields are ample, especially relative to ultralow or even negative yields on European government bonds."
    • U.S. electric utilities: "Their average yield of 3.6% is almost double that of the S&P 500. Utility dividends usually are secure, given regulated returns."
    • U.S. dividend stocks: "Even after rallying in 2016, high dividend-paying stocks still look appealing."
    • Junk bonds: "Junk yields still look good at an average of 6.3%. The interest-rate gap relative to Treasuries is still appealing at nearly 4.5%, but absolute yields are modest by historical standards."
    • Munis: looking better after a disappointing 2016.
    • REITs: "REITs now are on the inexpensive side of a fair-value range."
    • Preferreds: "REITs now are on the inexpensive side of a fair-value range."
    • Treasurys: "If Trump’s fiscal and economic policies prove inflationary, Treasuries are apt to suffer."
    • Telecom: There may be better value in other high-yielding parts of the market.
    • MLPs. Expects muted distribution growth.
    • Stocks and ETFs mentioned: FDD, VGK, VOD, RDS.A, UTG, DUK, SRE, XLU, NOBL, VYM, KO, BUD, PFE, OSTIX, HYT, VTA, JNK, NAD, BTT, VWIUX,PHMIX, SPG, BXP, EQR, VNQ, BAC, PFF, JPI, TIP, TLT, T, VZ, EPD, AMLP, BWP
    • See also Barron's infographic: Yield plays for 2017
     
    Sun, Jan. 1, 5:26 AM | 137 Comments
  • Nov. 21, 2016, 1:18 PM
    • The sharp selloff in fixed-income not only may have gone too far, suggests Andrew Bary, noting a 10-year Treasury yield of 2.33% already discounts plenty of things that may happen in the coming months (or may not happen).
    • Whether rates are too high or not is up for argument, but what isn't are the discounts to NAV on at least a few closed-end funds.
    • Those mentioned: Nuveen AMT-Free Quality Municipal Income (NEA +1.5%), BlackRock Municipal 2030 Target Term Trust (BTT +0.9%), BlackRock Taxable Municipal Bond Trust (BBN +1.5%), Nuveen Preferred Income Opportunities (JPC +2.2%).
    • Also noted is a mutual fund which has sold off: Vanguard Intermediate-Term Tax-Exempt Fund (MUTF:VWIUX).
    • Another way to play is in preferred stock, with issues from Wells Fargo, Bank of America, and Public Storage all mentioned, or the iShares Preferred Stock ETF (PFF +0.8%).
    Nov. 21, 2016, 1:18 PM | 3 Comments
  • May 7, 2016, 5:06 PM
    • Barron's "ETF Roundtable" features David Cleary of Lazard, Fritz Folts of 3EDGE Asset Management, John Forlines III of JAForlines Global, and Will McGough from Stadion Money Management.
    • ETFs they like include:
    • Gold: iShares Gold Trust (NYSEARCA:IAU) "has a lower expense ratio (0.25%) than (NYSEARCA:GLD)," VanEck Vectors Gold Miners (NYSEARCA:GDX), and GLD.
    • iShares Global Materials (NYSEARCA:MXI).
    • Emerging markets: iShares Core MSCI Emerging Markets (NYSEARCA:IEMG), SPDR MSCI Emerging Markets Quality Mix (NYSEARCA:QEMM),  iShares MSCI Brazil Capped (NYSEARCA:EWZ), EGShares India Infrastructure (NYSEARCA:INXX) "We like India in general as a long-term option," iShares Latin America 40 (NYSEARCA:ILF) "We're starting to see governance improvements in Latin America broadly,"  iShares J.P. Morgan USD Emerging Markets Bond (NYSEARCA:EMB).
    • Emerging-market proxies: iShares MSCI Canada (NYSEARCA:EWC) and iShares MSCI Australia (NYSEARCA:EWA).
    • iShares Core High Dividend ETF (NYSEARCA:HDV). iShares MSCI USA Minimum Volatility (NYSEARCA:USMV) "Now there's more uncertainty, and that's when these low-vol strategies do best."
    • iShares North American Tech (NYSEARCA:IGM) and iShares U.S. Consumer Services (NYSEARCA:IYC), "We still like consumer services and technology."
    • PowerShares QQQ (NASDAQ:QQQ), Vanguard Small Cap Value (NYSEARCA:VBR), "Blending the two doesn't tilt the portfolio too much in one direction or the other, because the combination blends small and large, growth and value."
    • SPDR Barclays High Yield Bond ETF (NYSEARCA:JNK), PowerShares Fundamental High Yield Corporate Bond Portfolio (NYSEARCA:PHB).
    • VanEck Vectors Fallen Angel High Yield Bond (NYSEARCA:ANGL), "These are viable companies, and although they've moved from investment- grade to high-yield, they're likely survivors."
    • "We like preferreds, via the iShares U.S. Preferred Stock (NYSEARCA:PFF)." Also: iShares International High Yield Bond ETF (BATS:HYXU).
    • iShares MSCI Europe Small-Cap (NASDAQ:IEUS).
    May 7, 2016, 5:06 PM | 15 Comments
  • Jun. 1, 2015, 2:14 PM
    Jun. 1, 2015, 2:14 PM | 7 Comments
  • May 1, 2015, 2:25 PM
    May 1, 2015, 2:25 PM
  • Apr. 1, 2015, 12:26 PM
    Apr. 1, 2015, 12:26 PM
  • Mar. 2, 2015, 1:31 PM
    Mar. 2, 2015, 1:31 PM | 7 Comments
  • Feb. 2, 2015, 2:42 PM
    Feb. 2, 2015, 2:42 PM
  • Dec. 1, 2014, 10:54 AM
    • iShares S&P U.S. Preferred Stock Index ETF (NYSEARCA:PFF) announces monthly distribution of $0.1806.
    • Payable Dec 5; for shareholders of record Dec 3; ex-Div. Dec 1.
    Dec. 1, 2014, 10:54 AM
  • Nov. 3, 2014, 1:49 PM
    • iShares S&P U.S. Preferred Stock Index ETF (NYSEARCA:PFF) announces monthly distribution of $0.1886.
    • Payable Nov 7; for shareholders of record Nov 5; ex-Div. Nov 3.
    Nov. 3, 2014, 1:49 PM | 4 Comments
  • Oct. 1, 2014, 9:41 AM
    • iShares S&P U.S. Preferred Stock Index ETF (NYSEARCA:PFF) announces monthly distribution of $0.1905.
    • Payable Oct. 7; for shareholders of record Oct. 3; ex-Div. Oct. 1.
    Oct. 1, 2014, 9:41 AM
  • Sep. 2, 2014, 7:32 AM
    • iShares S&P U.S. Preferred Stock Index ETF (NYSEARCA:PFF) announces monthly distribution of $0.1907.
    • Payable Sept. 8; for shareholders of record Sept. 4; ex-Div. Sept. 2.
    Sep. 2, 2014, 7:32 AM
  • Aug. 1, 2014, 2:31 PM
    • iShares S&P U.S. Preferred Stock Index ETF (NYSEARCA:PFF) announces monthly distribution of $0.1927.
    • Payable Aug 7; for shareholders of record Aug 5; ex-Div. Aug 1.
    Aug. 1, 2014, 2:31 PM
  • Jul. 1, 2014, 11:30 AM
    • iShares S&P U.S. Preferred Stock Index ETF (PFF) announces monthly distribution of $0.1831.
    • Payable July 8; for shareholders of record July 3; ex-Div. July 1.
    Jul. 1, 2014, 11:30 AM
  • Jun. 16, 2014, 3:36 PM
    • The Bond King may be battered and bruised a little bit, but his words still cary some weight, with two of his three Barron's Mid-Year Roundtable picks from this weekend posting big gains on heavier-than-usual volume. The thesis: Own some mildly levered closed-end bond funds which can borrow at 10 or 20 basis points, re-lend the money at 400 to 500 basis points, and produce a yield of 7-8%.
    • One Bill Gross is buying for his own portfolio is the BlackRock Build America Bond Trust (BBN +2.5%). The feds subsidize 35% of the interest paid, the fund usually owns A- and AA-rated long-term bonds, and currently yields 7.5%.
    • He's also a buyer of the Pimco Dynamic Income Fund (PDI +1.1%), an owner of non-agency mortgages expected to yield between 8-10%. On sale for some time, the fund now trades at about net asset value.
    • Gross' third pick is an ETF, the iShares U.S. Preferred Stock Fund (PFF +0.1%). Liquid with an expense ratio below 50 bps, the fund primarily holds bank preferreds. It's a short-term play, says Gross, as many of the preferreds in its portfolio will be refunded within a year or to and the dividend will fall. In the meantime, one can collect a 5.5% yield.
    Jun. 16, 2014, 3:36 PM
  • Jun. 2, 2014, 2:13 PM
    • iShares S&P U.S. Preferred Stock Index ETF (PFF) announces monthly distribution of $0.1829.
    • For shareholders of record June 4; Payable June 6; Ex-div date June 2.
    Jun. 2, 2014, 2:13 PM