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One ETF Saw Its Possible Yield Plunge Overnight

TedTed
in The Bullpen
FYI: Investors in the $4.9 billion PowerShares Preferred Portfolio (PGX), one of the biggest funds focusing on preferred shares, last month found that a huge chunk of their potential returns had vanished in short order
Regards,
Ted
http://www.fa-mag.com/news/one-etf-saw-its-possible-yield-plunge-overnight-32452.html?print

M* Snapshot PGX:
http://www.morningstar.com/etfs/ARCX/PGX/quote.html
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