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PowerShares Financial Preferred ETF Message Board

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  • elle_cid99 elle_cid99 Dec 21, 2010 4:12 PM Flag

    Why is PGF dropping?

    According to Yahoo figures, 22.5% up for the year (price appreciation plus dividend yield.) I made more like 18% as of today, but for a conservative holding, what's not to like?

    Banks should be in better shape 2011, which would mean dividends are more secure going forward. Conservative investors fleeing bonds might head our way and boost share price. We are down a bit following ex-day. So I added.

 
PGF
18.42+0.03(+0.16%)May 22 4:00 PMEDT