Super Income ETF via Preferred Stocks

On 2/21/13 the Global X SuperIncome Preferred ETF (SPFF) was trading at $15.06 and today the ETF is trading at $15.13 - a minimal gain. But in that time there was a dividend of $0.082 paid. This is a net gain of $0.15 or 1%.

In the same timeframe the S&P 500 is up 2.1%. This may sound like a bad investment, but in reality SPFF is doing exactly what it should be doing.

• The goal of SPFF is to provide consistent, above-average income through a monthly dividend payout to investors. The current yield of SPFF is currently yielding 5.8% based on last months dividend payout (the monthly payout varies and could be higher in the coming months
• Low Correlation - the ETF moves a few pennies per day on average. Thus providing high income without the sleepless nights. Look at the chart below over the last week as an example - it compares SPFF to the SPDR S&P 500 ETF (SPY). The blue line is SPFF and the red line is SPY - notice the lack of volatility for SPFF versus the market.
• Diversification even in an Income-only portfolio.
• SPFF is a true income ETF and a great addition to any ETF Income Portfolio.