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Looking for some income? Chris Kimble takes a look at iShares S&P U.S. Preferred Stock Index ETF (PFF).
Chris comments: With interest rates close to all-time lows, does anyone find it a struggle to pick up some yield in today's world?
PFF is an ETF that invests mostly in "preferred stocks" that pay a decent dividend.
The ETF is breaking out of a flag/pennant pattern to the upside and pays a pretty decent dividend compared to the low interest rate environment we find ourselves in these day.
Downside stop is pretty tight (around 2%).
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