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PowerShares Preferred Portfolio High Yield ETF

By Market News Video Staff, Monday, October 11, 7:33 AM ET

The PowerShares Preferred Portfolio (AMEX:PGX) is based on an index that is designed to replicate the total return of a diversified group of investment-grade preferred securities.

With a market value of over $1.3 billion, and top holdings such as preferreds from Barclays PLC (NYSE:BCS), HSBC Holdings (NYSE:HBC), JP Morgan Chase (NYSE:JPM), Wells Fargo (NYSE:WFC) and Morgan Stanley (NYSE:MS), this ETF is the highest yielding equity-based ETF according to ETFChannel.com's High Yield ETF Toplist.

The sEC 30 day yield for this ETF is 6.76%.

Find the right mix of model portfolios today at PortfolioChannel.com


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This Article's Word Cloud:   AMEX   Barclays   Chase   ETFChannel   Fargo   HSBC   High   Holdings   Morgan   NYSE   Portfolio   PowerShares   Preferred   Stanley   Toplist   Wells   With   Yield   according   based   billion   designed   diversified   equity   from   grade   group   highest   holdings   index   investment   market   over   preferred   preferreds   replicate   return   securities   such   that   this   total   value   yield   yielding
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