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Preferred stocks are a combination of debt and equity instruments that have become popular in the ETF world in the past year.
As nationalization fears have eased, reducing the volatility in these funds, investors have sought out preferred ETFs as an inexpensive way to access the preferred marketplace.
Currently there are three preferred funds, PowerShares Financial Preferred Portfolio(PGF Quote), iShares S&P U.S. Preferred Stock Index ETF(PFF Quote) and PowerShares Preferred Portfolio(PGX Quote). ...
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