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....
Read the full article on Seeking Alpha
For further details see:
PFF: 4 Reasons To Exit Preferred Share Fund