VanEck Vectors Preferred Securities ex Financials ETF (PFXF)
|Ex-Dividend Date||Nov 1, 2021|
|Day's Range||21.12 - 21.42|
|Inception Date||Jul 16, 2012|
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index (the Preferred Securities Index). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of U.S. exchange-listed hybrid debt, preferred stock and convertible preferred stock issued by non-financial corporations. The fund is non-diversified.
Top 10 Holdings29.83% of assets
|Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser A||N/A||7.81%|
|ArcelorMittal S.A. 0%||N/A||3.07%|
|NextEra Energy Inc Unit||N/A||3.06%|
|Avantor Inc Ser A||N/A||2.80%|
|NextEra Energy Inc Unit (Corporate Unit 09/01/2023)||N/A||2.46%|
|Aptiv PLC 0%||N/A||2.42%|
|NextEra Energy Inc Unit (4.872% Equity Units Due 09/01/2022)||N/A||2.15%|
|AT&T Inc 4.75% PRF PERPETUAL USD 25 - 1/1000th Int Ser C||N/A||1.98%|
|Southern Co Unit - Series A (2019)||N/A||1.97%|
|Nov 1, 2021||$0.0573||Nov 5, 2021|
|Oct 1, 2021||$0.095||Oct 7, 2021|
|Sep 1, 2021||$0.1155||Sep 8, 2021|
|Aug 2, 2021||$0.0588||Aug 6, 2021|
|Jul 1, 2021||$0.0965||Jul 8, 2021|
|Jun 1, 2021||$0.1136||Jun 7, 2021|
Thanks in large part to low interest rates and depressed yields on fixed income assets like municipal bonds and Treasuries, preferred stocks and their related exchange traded funds are receiving renewed...
With interest rates likely to remain low over the course of 2021, advisors and investors are scrambling to source higher of levels of income. Preferred stocks and exchange traded funds such as the VanEc...
With bond yields tumbling, it would be easy to think that these would be go-to days for preferred stocks and related ETFs. That's not the case.
A raft of high-yield asset classes are benefiting from lower interest rates this year, preferred stocks among them.
By Robert Ross An entire class of high-yield stocks just got a big boost. Fed Chairman Jerome Powell announced last Wednesday that the central bank will cut interest rates by 0.25%.
By Coulter Regal, CFA, Associate Product Manager of VanEck Global The Federal Reserve approved another quarter-point interest rate cut during their latest meeting in October, marking the third rate cut ...
Preferred stocks are among the asset classes getting a lift from declining bond yields this year and the VanEck Vectors Preferred Securities ex Financials ETF (PFXF) is participating in that trend.
Count preferred stocks and the related exchange traded funds among the beneficiaries of declining interest rates this year.
With all the cheap ETFs on the market, investors often think that the cheapest funds are the best ETFs to buy. But these ETFs earn their fees.