PowerShares Variable Rate Preferred Portfolio
Name of ETF: PowerShares Variable Rate Preferred Portfolio Benchmark Index: Wells Fargo Hybrid and Preferred Securities Floating and Variable Rate Index Ticker Symbol: VRP Types of Companies Included: Preferred stock and securities that are functionally equivalent to preferred stock. These companies pay a floating/variable rate dividend or coupon. Sector Weighting: This ETF has historically been heavily weighted towards the … Read more