PFXF: An ETF With Attractive Yield, But Does It Hold Only Preferred Equity Shares?
- This Preferred ETF without financials appears safe, but what are the risks?
- With 174.5M in assets, a yield of 6.07%, and a low expense ratio, can investors have confidence in this non-diversified ETF if rates tick higher?
- When is a non-equity security considered an equity (preferred) security? We share one of financial services best secrets and give our recommendation on this ETF.