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Strategies & Market Trends : Value Investing

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To: Grommit who wrote (33556)2/20/2009 1:49:09 PM
From: Paul Senior  Read Replies (1) of 78753
 
re: buying various preferreds. I am buying ETF PFD this morning.

etfconnect.com

PFD gets the buyer the diversification among preferreds and a high (as of today) distribution yield. Comes with a penalty though: they hold some bank stocks and the etf is highly leveraged (46%)

preferredincome.com
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