Global X U.S. Preferred ETF (PFFD)
| Assets | $2.44B |
| Expense Ratio | 0.23% |
| PE Ratio | n/a |
| Shares Out | 120.92M |
| Dividend (ttm) | $1.26 |
| Dividend Yield | 6.18% |
| Ex-Dividend Date | Nov 5, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +8.48% |
| Volume | 706,201 |
| Open | 20.37 |
| Previous Close | 20.30 |
| Day's Range | 20.31 - 20.39 |
| 52-Week Low | 18.65 |
| 52-Week High | 21.08 |
| Beta | 0.55 |
| Holdings | 214 |
| Inception Date | Sep 11, 2017 |
About PFFD
Fund Home PageThe Global X U.S. Preferred ETF (PFFD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of US preferred stocks, selected and weighted by market value. PFFD was launched on Sep 11, 2017 and is issued by Global X.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 5, 2024 | $0.103 | n/a |
| Oct 3, 2024 | $0.105 | Oct 10, 2024 |
| Sep 5, 2024 | $0.105 | Sep 12, 2024 |
| Aug 5, 2024 | $0.105 | Aug 12, 2024 |
| Jul 3, 2024 | $0.105 | Jul 11, 2024 |
| Jun 5, 2024 | $0.105 | Jun 12, 2024 |
News
PFFD: Shrinking Value And Distribution
Global X U.S. Preferred ETF tracks an index including U.S. preferred stocks of all kinds. PFFD is concentrated in top issuers, especially large banks. PFFD has a bond-like return with stock-like risk,...
PFFD: Sell In May, Go Away, Don't Come Back
Preferred shares have underperformed the wider market due to asymmetric returns and asymmetries of information and market power that disadvantage preferred shareholders compared to common equity and d...
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...
PFFD: A 'Preferred' High Yield ETF Value Trap
The PFFD ETF seeks to provide investors with "high yield" income by investing in a broad basket of preferred stock issues. The majority of preferred stock held in the PFFD ETF are issued by financial ...
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 ...
PFFD: I'd Buy As 'Higher For Longer' Narrative Fades
Global X U.S. Preferred ETF is a fund that invests in high-yield preferred stocks, which have recently seen a price crash due to Fed rate hikes. With the Fed abandoning its "higher for longer" narrati...
PFFD: Preferreds From Financials Make Sense Here
Global X U.S. Preferred ETF is a good investment option due to its unique characteristics, market performance, and potential for high yield. The PFFD ETF's portfolio consists of preferred shares from ...
PFFD: Higher For Longer Interest Rates Detrimental To Preferred Shares
PFFD provides exposure to a broad index of preferred securities. However, broad indices are financials heavy, as they are the largest issuers of preferred shares. Since the root cause of the March reg...
PFFD: Best Among Its Peers Fundamentally, Some Technical Improvements
The Global X U.S. Preferred ETF (PFFD) is recommended for its attractive metrics, including a low expense ratio and high yield potential. The ETF is heavily weighted in the Financials sector and has a...
PFFD: Beware Financials Exposure
PFFD provides exposure to a broad index of preferred securities. PFFD has 71% exposure to financial preferreds.
PFFD: Own This When Yields Are Falling
PFFD provides exposure to a broad index of preferred securities. PFFD is dominated by fixed-coupon preferreds.
PFFD Vs. VCLT ETFs: Preferreds Are Better Even If Powell Is Hawkish
Looking ahead to 2023, the regular income obtained either through preferred stocks or corporate bonds is appropriate for a low-growth economic environment. Also, the investment-grade corporate bonds o...
PFFD: I Added More This Week
I own PFFD alongside shares of PFXF to give my portfolio extra diversification. The current yield of 5.76% is attractive.
PFFD: Starting To Nibble At Preferred Shares
PFFD has fallen from $26 to $20 per share since Nov 1, 2021. Credit quality has been robust, and dividends have not been cut.
A Timely Trade Idea From The 52-Week Low List: An Opportunity With The PFFD ETF
52-week highs and lows tell a story about market sentiment if you're willing to listen. Sometimes this isn't super informative, like when biotech stocks plunge to 52-week lows on FDA denials, but some...
Dividend Harvesting: Week 30 Update, $3,000 Allocated, $206.92 In Annual Dividends Yielding 6.94% With 48 Positions
After 30 weeks and $3,000, the Dividend Harvesting Portfolio is generating $206.92 in estimated annual income and $17.24 in monthly estimated income. In week 30, I added the PIMCO Dynamic Credit and M...
PFFD: Yield To Its Yield
The Global X U.S. Preferred ETF is a sufficiently de-risked fund with an attractive forward dividend yield of 5.11%. The ETF is also an outperformer compared to its main rival, the iShares Preferred a...
