iShares U.S. Preferred Stock Total Stock Market ETF

Preferred securities are stock-bond hybrids that pay fat dividends and behave a lot like bonds.

Symbol: PFF

Expense Ratio: 0.47%

Preferred securities are stock-bond hybrids that pay fat dividends and behave a lot like bonds. Because the prices of bonds and bond-like investments move in the opposite direction of interest rates, iShares U.S. Preferred Stock could be vulnerable to a rise in rates. But the fund’s 5.5% yield might ease the pain.

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