FYI: (PFF has been a favorite of the Linkster for a number of year.)
As investors digest the fact that the Federal Reserve is increasingly determined to raise interest rates following its December meeting, a plethora of rate-sensitive asset classes, sectors and exchange-traded funds are likely to come under intense scrutiny.
Just look at last week's repudiation of utilities stocks and ETFs. Similar treatment could extend to real estate stocks and ETFs, as well as master limited partnerships, long duration bonds and other favored areas of income generation.
Regards,
Ted
http://www.benzinga.com/trading-ideas/long-ideas/15/11/5967817/dont-abandon-preferred-etfs