iShares Preferred ETF offers a blend of stock/bond benefits, providing steady, tax-efficient income. It holds 451 securities, mainly from financial and industrial sectors, ensuring diversification.

Four new preferred stock and baby bond offerings were tracked, with yields ranging from 6.25% to 7.375%, including DTK, XELLL, TCPA, and CCID. DTK (DTE Energy) and XELLL (Xcel Energy) both achieved a ...