Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
PFF: Why You Should Give Preferred Stocks Another Look
We used PFF for 3+ years, buying it near the market bottom in March, 2009. We pretty much sold all of it last year as we saw prices of the holdings getting way too rich for us. Recently we are dipping our toes in Forward Select Income KIFYX, which we like to think is a better option going forward, with PFF owning the biggest and certainly most expensive preferreds. May be a way to play the preferred option for a bit longer. Expenses are higher, but we hope the fund will do better when things have a rough spell.
Comments