Global X Variable Rate Preferred ETF (PFFV)
| Assets | $290.05M |
| Expense Ratio | 0.25% |
| PE Ratio | n/a |
| Shares Out | 12.05M |
| Dividend (ttm) | $1.73 |
| Dividend Yield | 7.21% |
| Ex-Dividend Date | Feb 3, 2025 |
| Payout Ratio | n/a |
| 1-Year Return | +1.19% |
| Volume | 78,018 |
| Open | 24.04 |
| Previous Close | 24.09 |
| Day's Range | 24.03 - 24.13 |
| 52-Week Low | 22.92 |
| 52-Week High | 24.48 |
| Beta | 0.36 |
| Holdings | 55 |
| Inception Date | Jun 22, 2020 |
About PFFV
Fund Home PageThe Global X Variable Rate Preferred ETF (PFFV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of variable rate US preferred securities, selected and weighted by market value. PFFV was launched on Jun 22, 2020 and is issued by Global X.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 3, 2025 | $0.140 | Feb 10, 2025 |
| Dec 30, 2024 | $0.19768 | Jan 7, 2025 |
| Dec 4, 2024 | $0.146 | Dec 11, 2024 |
| Nov 5, 2024 | $0.146 | Nov 13, 2024 |
| Oct 3, 2024 | $0.145 | Oct 10, 2024 |
| Sep 5, 2024 | $0.143 | Sep 12, 2024 |
News
PFFV: Preferred Shares Index ETF, Above-Average Yield And Performance Track-Record
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, ...
PFFV: Asset Class Has A Long History Of Decay
Global X Variable Rate Preferred ETF has a 7.23% SEC yield and holds about 50 US-listed preferred stocks with variable rates. PFFV is concentrated in the top issuers, especially in financial companies...
PFFV: Double Trouble, Preferred Shares And Floating Rates - Sell
PFFV: Double Trouble, Preferred Shares And Floating Rates - Sell
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...
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 ...
PFFV: An Interesting Take On Preferreds
Global X Variable Rate Preferred ETF is an ETF that focuses on variable rate preferred securities, offering unique benefits to income-oriented investors. Variable rate preferreds have adjustable coupo...
PFFV: Variable Rate Preferred Securities, But Beware The Financials Concentration
PFFV is a fixed income ETF that focuses on financial services preferred securities with a variable rate coupon. This feature has helped the fund maintain a low duration profile and reduce the negative...
A First Look At The Global X Variable Rate Preferred ETF
The Global X Variable Rate Preferred ETF invests in the fixed income markets of the United States based on the ICE U.S. Variable Rate Preferred Securities Index.