VanEck Preferred Securities ex Financials ETF (PFXF)
| Assets | $1.97B |
| Expense Ratio | 0.40% |
| PE Ratio | 0.59 |
| Shares Out | 108.80M |
| Dividend (ttm) | $1.25 |
| Dividend Yield | 6.94% |
| Ex-Dividend Date | Oct 1, 2024 |
| Payout Ratio | 4.07% |
| 1-Year Return | +14.20% |
| Volume | 510,328 |
| Open | 18.05 |
| Previous Close | 18.09 |
| Day's Range | 17.90 - 18.08 |
| 52-Week Low | 16.15 |
| 52-Week High | 18.45 |
| Beta | 0.69 |
| Holdings | 100 |
| Inception Date | Jul 16, 2012 |
About PFXF
Fund Home PageThe VanEck Preferred Securities ex Financials ETF (PFXF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index comprised of USD denominated preferred securities and securities that the index provider deems to be functionally equivalent. Securities issued by financial firms are excluded. PFXF was launched on Jul 16, 2012 and is issued by VanEck.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2024 | $0.1011 | Oct 4, 2024 |
| Sep 3, 2024 | $0.1146 | Sep 6, 2024 |
| Aug 1, 2024 | $0.081 | Aug 6, 2024 |
| Jul 1, 2024 | $0.1178 | Jul 5, 2024 |
| Jun 3, 2024 | $0.107 | Jun 6, 2024 |
| Apr 23, 2024 | $0.0603 | Apr 29, 2024 |
News
5 of the Best Preferred Stock ETFs for High and Stable Dividends
The best preferred stock ETFs allow you to reduce your risk by investing in baskets of preferred stocks.
Positioning Ahead of the Fed: ETFs for a Lower Rate Era
The first cut is the deepest — so they say. As with all complicated relationships, this mantra may certainly ring true for the Federal Reserve and the markets — at least from a psychological standpoin...
PFXF: Preferred Stocks ETF Beating Peers, Yet Unattractive
VanEck Preferred Securities ex Financials ETF is invested in US-traded preferred stocks of non-financial companies. PFXF is quite concentrated in its top issuers, and about two-thirds of its assets ar...
Assessing Leveraged PFFA Vs. Other Preferred Share Funds I Own
Despite relative outperformance in recent years, I cannot justify an allocation to PFFA.
PFXF: A Strong Buy When You Love Preferred Yields Of 7%, But Don't Want Bank Risks
VanEck Preferred Securities ex Financials ETF primarily invests in preferred securities with high yields, avoiding financial stocks. The ETF has $1.69 billion in assets, low expense ratio of 0.41%, an...
Preferreds Weekly Review: Keep An Eye On The Spread Of Floating-Rate Preferreds
We take a look at the action in preferreds and baby bonds through the fourth week of March and highlight some of the key themes we are watching. Preferreds had a good week as Treasury yields fell on t...
Preferreds Weekly Review: Mandatory Convertibles Offer High-Beta Preferred Exposure
We take a look at the action in preferreds and baby bonds through the third week of March and highlight some of the key themes we are watching. Preferreds were down for the week due to rising Treasury...
PFXF: Levered Preferred Issuers Set To Benefit From Lower Interest Rates
VanEck Preferred Securities ex Financials ETF returns have lagged riskier common stock alternatives over the past year. 61.74% of ETF assets are allocated to sectors such as REITs, Utilities, and Tele...
Preferreds Weekly Review: Historic Drawdowns Are Relevant Again
We take a look at the action in preferreds and baby bonds through the fourth week of February and highlight some of the key themes we are watching. Preferreds had a strong week with a 1%+ return, driv...
Preferreds Weekly Review: A High Yield-To-Call Is Not Enough
We take a look at the action in preferreds and baby bonds through the second week of February and highlight some of the key themes we are watching. Preferreds were flat on the week as higher Treasury ...
Preferreds Weekly Review: AHL Preferred Gets Stuck Near Libor Peak
We take a look at the action in preferreds and baby bonds through the fourth week of January and highlight some of the key themes we are watching. Preferred stock and baby bond market had a good week ...
PFXF: The Problem With Preferred Shares
PFXF offers a diverse fund of preferred shares across many industries. Over the last decade, its dividend has been stagnant or declined, and total returns are negative. The preferred equity in its hol...
PFXF: REITs And Utilities Hurt More Than Excluding Financials (For Now)
VanEck Preferred Securities ex Financials ETF offers diversified exposure to preferred securities outside of the financial sector. Preferred securities provide higher dividends, reduced risk, and pote...
PFXF: Preferreds Ex-Financials ETF, For Portfolio Diversification, 6.0% Yield
Most preferred shares ETFs are significantly overweight financials. Losses are high when a crisis hits the industry. To remedy the above, an investment in PFXF could help.
PFXF: A More Diversified Way To Own Preferred Shares
The VanEck Preferred Securities ex Financials ETF offers better diversification and long-term returns than typical preferred share funds like the Global X U.S. Preferred ETF, which is heavily concentr...
The Seven Deadly Sins Of Regional Banks And Preferred CEF Investing
Bank securities and preferred CEFs have been some of the livelier parts of the income market in the last few months. In some of the hysteria, however, it's easy to lose sight of the facts and misinter...
PFXF: Surprisingly Volatile Ex-Financials Preferred Equity ETF
The VanEck Preferred Securities ex Financials ETF offers investors access to the U.S.-listed preferred securities market while excluding banks. The fund is overweight utilities and mREITs in order to ...
PFXF: Offers Exposure To Preferred Stocks Without The Financial Baggage
PFXF offers income-seeking investors an opportunity to gain exposure to preferred stocks while avoiding the financial sector. PFXF offers a high yield, but that is mitigated somewhat by the fund's low...
PFXF: Preferreds Without Bank Sector Exposure
Volatility in financials may persist due to lingering banking crisis concerns. Investors can avoid this by considering preferred securities not issued by financial companies. Preferred securities are ...
PFF Vs. PFXF: Avoiding Financials Has Worked
The iShares Preferred and Income Securities ETF (PFF) is one of the largest full index-based Preferred stock ETFs. The VanEck Vectors Preferred Securities ex Financials ETF (PFXF) is like most Preferr...
Inflation And Credit Risks Make PFXF A Hold
Preferred stock ETF with a 5.74% dividend yield and 0.4% expense ratio. PFXF is unique in that it does not hold preferred shares of financial companies.
