Karen Finerman Recommends HYG, PFF

Karen Finerman explained to the viewers of CNBC's Fast Money how to get some yield without picking the specific stocks or bonds. She recommends ETFs as the way for a retail investor to get the same exposure as hedge fund managers do. iShares iBoxx $ High Yield Corp Bond (ETF) (NYSE: HYG) is an ETF that gives you an exposure to corporate bonds yield. HYG closed at $89.47, with a price increase of 0.15%. She recommends iShares S&P US Pref Stock Index Fund (ETF) (NYSE: PFF) to those who want to gain exposure to preferred stocks. PFF jumped 0.40% to $38.02 today. Karen Finerman thinks that these trades are good for diversification.