The PGX ETF provides exposure to an index of fixed-rate preferred shares. PGX pays a generous 5.8% trailing distribution yield. Historically, PGX total returns are primarily driven by interest rates ...
The Invesco Preferred ETF offers a steady stream of income with potential for capital appreciation through fixed-rate US dollar-denominated preferred securities. PGX's portfolio is concentrated in the ...
Perigon Wealth Management LLC lessened its stake in Invesco Preferred ETF (NYSEARCA:PGX – Free Report) by 7.6% during the fourth quarter, HoldingsChannel.com reports. The firm owned 24,535 shares of ...
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