VanEck Vectors Preferred Securities ex Financials ETF (PFXF)
|Ex-Dividend Date||Sep 1, 2022|
|Day's Range||17.10 - 17.28|
|Inception Date||Jul 16, 2012|
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 Holdings30.54% of assets
|Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser A||AVGO 8 09.30.22 A||8.95%|
|NextEra Energy Inc Unit||NEE 5.279 03.01.23||3.92%|
|NextEra Energy Inc Unit (Corporate Unit 09/01/2023)||NEE 6.219 09.01.23||3.09%|
|Pg&E||PCG 5.5 08.16.23||2.83%|
|Becton, Dickinson and Co PRF PERPETUAL USD 50 - 1/20TH INT Ser B||BDX 6 06.01.23 B||2.20%|
|DTE Energy Co Units||DTE 6.25 11.01.22||2.02%|
|AT&T Inc 4.75% PRF PERPETUAL USD 25 - 1/1000th Int Ser C||T 4.75 PERP C||1.97%|
|AT&T Inc 0%||T 5.35 11.01.66||1.97%|
|ArcelorMittal S.A. 0%||MTNA 5.5 05.18.23||1.83%|
|Aptiv PLC 0%||APTV 5.5 06.15.23 A||1.76%|
|Sep 1, 2022||$0.1235||Sep 8, 2022|
|Aug 1, 2022||$0.0544||Aug 5, 2022|
|Jul 1, 2022||$0.0929||Jul 8, 2022|
|Jun 1, 2022||$0.1264||Jun 7, 2022|
|Apr 25, 2022||$0.0423||Apr 29, 2022|
|Apr 1, 2022||$0.0977||Apr 7, 2022|
Preferred stocks and the related exchange traded funds are enduring some punishment this year at the hands of the Federal Reserve's efforts to quash inflation via a series of aggressive interest rate in...
Preferred stocks typically aren't first, second or even third to mind when investors think about what they want to include in their portfolios. But if you're an income hunter and you don't already have ...
Preferred stocks and the related exchange traded funds are among income investors' favorite destinations when interest rates are declining. Obviously, the opposite is happening today, and with the April...
Preferred stocks and the related exchange traded funds are considered high-yield assets and as such, there's some vulnerability to rising interest rates. But while the Federal Reserve is boosting rates,...
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.