PARA - PFF: 4 Reasons To Exit Preferred Share Fund
2024-01-22 17:28:08 ET
Summary
- iShares Preferred and Income Securities ETF (PFF) has returned a negative 6.65% despite adding back taxable dividends since the last article.
- The biggest drawback for blindly picking up the entire preferred share asset class today is the low credit spreads.
- We go over that and three other reasons you should consider exiting this fund.
In our last coverage of iShares Preferred and Income Securities ETF ( PFF ) over two years back, we highlighted that the fund was destined to give you relatively poor returns for the risk....
PFF: 4 Reasons To Exit Preferred Share Fund