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PGX - PFF Offers A Safe 5.89% Dividend Yield But Is It A Buy?
Invesco Preferred
The iShares Preferred and Income Securities ETF (PFF) is the largest preferred and hybrid securities focused ETF in the market. In this article, I'll take a look at the fund itself, its value proposition, and compare it to some of its peers. Although the fund seems to be a good investment choice for more risk-averse income investors, all of its peers have similar value propositions and have performed better in the past.