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Ishares Sp Intl Preferred Stock Index

iShares International Preferred Stock ETF (ticker: IPFF) is an exchange-traded fund (ETF) that tracks the investment results of the S&P International Preferred Stock Index, which is a rules-based index designed to measure the performance of preferred stocks issued by non-U.S. companies.

The fund may be suitable for investors seeking to gain exposure to a diversified portfolio of preferred stocks issued by non-U.S. companies. The fund pays a regular monthly dividend, making it potentially attractive for income-focused investors.

As of February 2023, the top three sectors represented in the fund are financials (52.36%), utilities (14.94%), and communication services (8.23%). The fund has a distribution yield of 5.73% and an expense ratio of 0.50%.

It is important to note that investing in preferred stocks involves different risks than investing in common stocks. Preferred stocks typically have a lower risk profile than common stocks but offer lower potential returns. Additionally, preferred stocks may be less liquid than common stocks, meaning they may be more difficult to sell quickly and at a favorable price.

Investors should carefully consider the fund's investment objectives, risks, charges, and expenses before investing. They can obtain a prospectus or summary prospectus containing this and other important information by visiting the issuer's website or by contacting their financial advisor.

This is a general information only, and not a recommendation or investment advice. It is recommended that potential investors consult with their financial advisors before making any investment decision.