PGX - Invesco Preferred ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
15.08
-0.02 (-0.13%)
At close: 4:00PM EDT
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Previous Close15.10
Open0.00
Bid0.00 x 40000
Ask15.09 x 46000
Day's Range0.00 - 0.00
52 Week Range
Volume0
Avg. Volume1,981,184
Net Assets5.48B
NAV15.08
PE Ratio (TTM)N/A
Yield5.41%
YTD Daily Total Return16.51%
Beta (3Y Monthly)0.82
Expense Ratio (net)0.52%
Inception Date2008-01-31
Trade prices are not sourced from all markets
  • Preferred Stock ETF (PGX) Hits New 52-Week High
    Zacks

    Preferred Stock ETF (PGX) Hits New 52-Week High

    This preferred stock ETF hits a new 52-week high. Are more gains in store for this ETF?

  • 3 Preferred Stock ETFs for High, Stable Dividends
    Kiplinger

    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

  • The hunt for higher dividend yields leads to preferred shares
    MarketWatch

    The hunt for higher dividend yields leads to preferred shares

    Brian Cordes of Cohen & Steers explains the benefits of preferred-stock investing as low interest rates erode income.

  • Preferred Stock ETFs vs. Bond ETFs (PGX, PFF)
    Investopedia

    Preferred Stock ETFs vs. Bond ETFs (PGX, PFF)

    A look at the differences between preferred stock ETFs and bond ETFs and when you should invest in one over the other.

  • InvestorPlace

    Why Now is the Time to Invest in a Preferred Stock ETF

    As the name suggests, preferred gives the shareholder a place in line ahead of common stock holders, whenever a company pays dividends or distributes assets to shareholders. In other cases, should dividend payments be missed, preferred shareholders get all of their dividend payments before the common shareholders receive anything. Preferred stock might offer more stable cash flow than common stock.

  • InvestorPlace

    7 Best ETFs to Buy Now for Defensive Stocks

    With seasonal volatility, rising interest rates, uncertainty over a tariff war with China and fast-approaching mid-term elections all on the minds of investors, the best ETFs to buy now are those that invest in defensive areas of the market.