2024-05-21 00:56:12 ET
Summary
- PFF is the largest preferred shares ETF in the market.
- Although there is nothing significantly wrong with the fund, it compares unfavorably to several high-yield corporate bond ETFs.
- These include SPHY, HYGV, and FALN.
I've covered the iShares Preferred and Income Securities ETF ( PFF ) several times in the past . I've generally been lukewarm on the fund, as it seems inferior to funds focusing on other asset classes, including high-yield corporate bonds. In this article, I'll give investors three alternatives to PFF, all with stronger returns and higher yields. These are as follows.
The SPDR Portfolio High Yield Bond ETF (NYSEARCA: SPHY ). SPHY's 7.7% dividend yield is quite a bit higher than PFF's 6.3% figure, and its 0.05% expense ratio a bit lower than PFF's 0.46%. SPHY is a strong, vanilla choice in this space....
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Three Strong Alternatives To PFF, Largest Preferred Shares ETF In The Market