I'm in a similar position. Bought PFF and PGX when the market dropped. Only get a total of $500 annually in dividends from the two combined, and am kicking myself for not taking advantagemore while I had the chance. Of course, that was a one in a lifetime opportunity, and doesn't reflect on the future of this company.
But having said that, I want more exposure to international preferred positions, and the fund is new and probably purchasing fairly attractive securities with the global turmoil. Gonna take a small roll of the dice here and hope it works out.
Am Honored to be the Second to post! PFF is everything and more than I expected. IPFF looks a bit like Canada's CNPF... Do you know if IPFF will also have a substantial dividend each month as PFF? Can't find that info.