PFFV: Preferred Shares Index ETF, Above-Average Yield And Performance Track-Record
Source: SeekingAlpha
2025-02-23 10:50:18 ET
Summary
- PFFF is a preferred shares index ETF with a compelling risk-return profile.
- PFFF's current 7.2% dividend yield and performance track-record are both better than average.
- Credit risk is only moderate, with the fund almost evenly divided between BBB and BB preferreds.
- Returns are comparable to those of high-yield bonds, credit risk lower. Overall risk-return is attractive, as is the fund as a whole.
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PFFV: Preferred Shares Index ETF, Above-Average Yield And Performance Track-Record
Global X Variable Rate Preferred
NASDAQ: PFFV
PFFV Trading
-0.13% G/L:
$22.27 Last:
23,152 Volume:
$22.26 Open:
