PFXF - VanEck Vectors Preferred Securities ex Financials ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
+0.09 (+0.49%)
At close: 3:59PM EDT
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Previous Close18.22
Bid18.00 x 800
Ask19.62 x 3000
Day's Range18.27 - 18.42
52 Week Range12.26 - 20.69
Avg. Volume180,298
Net Assets698.39M
PE Ratio (TTM)N/A
YTD Daily Total Return-6.73%
Beta (5Y Monthly)1.22
Expense Ratio (net)0.41%
Inception Date2012-07-16
  • 3 Preferred Stock ETFs for High, Stable Dividends

    3 Preferred Stock ETFs for High, Stable Dividends

    Preferred stocks typically aren't first, second or even third to mind when investors think about what they want to include in their portfolios.But if you're an income hunter and you don't already have these stocks on their radar, you might want to give them a look.Preferred stocks are frequently referred to stock-bond "hybrids" because they contain elements of common stock (the type of stock you typically invest in) and bonds. For instance, like common stock, preferreds represent ownership in a company, and they typically trade on exchanges. However, like bonds, preferred stocks typically don't include any voting rights.The primary feature of preferred stocks, however, are their dividends. Preferred stock dividends are actually closer to bond coupon payments in nature, in that they're typically set at a fixed amount. These dividends are high, too, often in the 5%-7% range. Just note that preferred stocks also tend to act more like bonds in that they trade around a par value. So they're a great source of fixed income, but they're not going to shoot considerably higher, like common stocks, as a company grows.While you can easily purchase individual preferred stocks, exchange-traded funds (ETFs) allow you to reduce your risk by investing in baskets of preferreds. That helps to prevent any single preferred-stock disaster from undermining your portfolio.With that in mind, here are three preferred stock ETFs to buy. SEE ALSO: The 19 Best ETFs to Buy Now