Bank of America (BAC), Goldman Sachs (GS), and Morgan Stanley (MS) are rocketing as of this writing. Financial sector, as represented by ETF SPDR Select Sector Fund – Finan (XLF) is one of the top performing sectors in 2012.
Subscribers to ZYX Global Multi Asset Allocation Alert have achieved a 21.25% return to date using a low risk strategy. The strategy included buying the ETF PowerShares Financial Preferred (PGF). Fortunately it is still not too late to buy PGF on dips.
The following is a list of the holdings of this ETF.
| . | HSBC HOLDINGS PLC PFD | A-/A3 | 10.14% | |
| 2. | BANK OF AMER CRP | BB+/Ba3 | 7.42% | |
| 3. | HSBC HLDGS PLC | A-/NR | 5.66% | |
| 4. | ING GROEP NV | BB/Ba1 | 5.38% | |
| 5. | BANK OF AMERICA PD | BB+/Ba3 | 4.67% | |
| 6. | JPMORGAN CHASE | BBB+/Baa1 | 4.48% | |
| 7. | WELLS FARGO CO PREFERR | A-/Baa3 | 4.48% | |
| 8. | CREDIT SUISSE GU | BBB+/A3 | 4.43% | |
| 9. | METLIFE INC | BBB-/Baa2 | 4.30% | |
| 10. | ING GROEP NV | BB/Ba1 | 3.59% | |
| 11. | BARCLAYS BK PLC | A-/Baa3 | 3.44% | |
| 12. | SANTANDER FIN PFD | A-/Baa2 | 3.26% | |
| 13. | GOLDMAN SACHS GP | BBB-/Baa2 | 2.82% | |
| 14. | ZIONS BANCORP PREFERRED STOCK | B/NR | 2.45% | |
| 15. | BANK OF AMER CRP | BB+/Ba3 | 2.34% | |
| 16. | AEGON NV | BBB/Baa2 | 2.22% | |
| 17. | HSBC FINANCE | BBB-/Baa2 | 2.09% | |
| 18. | ROYAL BK SCOTLND | C/B3 | 1.95% | |
| 19. | US BANCORP | BBB+/A3 | 1.85% | |
| 20. | ING GROEP NV | BB/Ba1 | 1.76% | |
| 21. | HSBC USA INC-NEW | A-/Baa1 | 1.73% | |
| 22. | DB CONT CAP TRUST III PFD | BBB/Baa2 | 1.73% | |
| 23. | BANK OF AMER CRP | BB+/Ba3 | 1.71% | |
| 24. | PARTNERRE LTD | BBB+/NR | 1.38% | |
| 25. | ROYAL BK OF SCOT GRP PLC | BB/Ba3 | 1.30% | |
| 26. | AEGON NV | BBB/Baa2 | 1.24% | |
| 27. | DB CONT CAP TR V | BBB/Baa2 | 1.04% | |
| 28. | RENAISSANCERE | BBB+/Baa2 | 1.00% | |
| 29. | PRUDENTIAL PLC | A-/Baa1 | 0.99% | |
| 30. | PRUDENTIAL PLC | A-/Baa1 | 0.91% | |
| 31. | PARTNERRE LTD | BBB+/Baa1 | 0.82% | |
| 32. | PRINCIPAL FINL GROUP PREFERRED | BB/Baa3 | 0.81% | |
| 33. | BARCLAYS BANK PLC PFD STK | A-/Baa3 | 0.76% | |
| 34. | RENAISSANCERE | BBB+/NR | 0.75% | |
| 35. | ING GROEP NV | BB/Ba1 | 0.70% | |
| 36. | AXIS CAPITAL | BBB/Baa3 | 0.66% | |
| 37. | AEGON NV | BBB/Baa2 | 0.65% | |
| 38. | FIRST NIAGARA FIN GRP PREFERRED | BB+/NR | 0.64% | |
| 39. | DEUTSCHE BK CAP | BBB/Baa2 | 0.48% | |
| 40. | ROYAL BK SCOTLND | C/B3 | 0.47% | |
| 41. | AEGON NV | BBB/Baa2 | 0.43% | |
| 42. | BARCLAYS BK PLC | A-/Baa3 | 0.43% | |
| 43. | ROYAL BK SCOTLND | C/B3 | 0.33% | |
| 44. | ROYAL BK SCOTLND | C/B3 | 0.30% |
