PFF-Dividend Play

PFF-- iShares U.S. Preferred Stock ETF

PFF is the symbol for a "Preferred Stock" ETF. It typically produces a capital gain equivalent to the dividend rate yearly. As of this writing it stands at a price of $39.11 about a $1.5 off its 52 week high of $40.15.
YTD Performance 12-16-2914----14.2%
Dividend Yield-----6.95%

The bottom line is that this ETFs yearly trading range runs from $40.15 to $39.05 and as of today it’s well within a “BUY” zone. If your income oriented this is a good horse to ride at this price.