VanEck Preferred Securities ex Financials ETF (PFXF)

NYSEARCA: PFXF · IEX Real-Time Price · USD
17.61
-0.04 (-0.23%)
Feb 26, 2024, 4:00 PM EST - Market closed
-0.23%
Assets $1.42B
Expense Ratio 0.41%
PE Ratio 0.59
Shares Out 85.25M
Dividend (ttm) $1.36
Dividend Yield 7.74%
Ex-Dividend Date Feb 1, 2024
Payout Ratio 4.54%
1-Year Return -1.62%
Volume 409,159
Open 17.64
Previous Close 17.65
Day's Range 17.58 - 17.67
52-Week Low 15.58
52-Week High 18.13
Beta 0.57
Holdings 103
Inception Date Jul 16, 2012

About PFXF

Fund Home Page

The 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.

Asset Class Fixed Income
Category Preferred Stock
Stock Exchange NYSEARCA
Ticker Symbol PFXF
ETF Provider VanEck
Index Tracked ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index

Dividends

Ex-Dividend Amount Pay Date
Feb 1, 2024 $0.0594 Feb 7, 2024
Dec 27, 2023 $0.1874 Dec 29, 2023
Dec 1, 2023 $0.1422 Dec 7, 2023
Nov 1, 2023 $0.0776 Nov 7, 2023
Oct 2, 2023 $0.1061 Oct 6, 2023
Sep 1, 2023 $0.1464 Sep 8, 2023
Full Dividend History

News

Income Investing Playbook 2024: Navigating the New Interest Rate Regime

Yields have reset higher across fixed income markets, leaving bonds well positioned in a range of different economic and interest rate scenarios in 2024. Introduction to Income Investing Income invest...

2 months ago - ETF Trends

Time to Start Examining Best Buys for 2024

As of November 22, the S&P 500 and Bloomberg U.S. Aggregate Bond Index are higher by 20.3% and 1.2%, respectively, year to date. So by most accounts, being long traditional assets has been effective i...

Other symbols: CLOIMOAT
3 months ago - ETF Trends

PFXF: Preferred Way to Play Preferred Stocks

The recent surge by Treasury yields is matriculating throughout the fixed income universe. It stokes higher yields on a slew of bond segments, including preferred stocks.

4 months ago - ETF Trends

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.

Other symbols: PFFPFFRPREFSPFF
5 months ago - Kiplinger

PFXF ETF Q&A: Understanding Preferred Securities

By Coulter Regal, CFA, Associate Product Manager This blog answers commonly asked questions about the PFXF ETF and explores why Preferred Securities are becoming a preferred alternative income source ...

7 months ago - ETF Trends

Preferred Stocks Offer Opportunity, But Selectivity Is Key

Turmoil in the regional banking industry had a contagion effect. Count preferred stocks as among the victims – not surprising when considering banks are the largest issuers of these hybrid securities.

9 months ago - ETF Trends

Weak Dollar Keeps Gold ETFs Shining

Do you seek safe-haven investments? You're not alone, as commodity and bond ETFs are on the rise.

Other symbols: AGGBNDGLDIAUPFF
11 months ago - ETF Trends

Get Preferred Income Without Bank Worries in This ETF

Preferred stocks and the related exchange traded funds have long been favored assets of income-hungry investors, but there are some rubs with preferreds. First, these hybrid securities are rate-sensit...

11 months ago - ETF Trends

Preferred Stock Rebound Pushing PFXF Higher

Following a savage repudiation of the asset class last year amid seven interest rate hikes by the Federal Reserve, preferred stocks and the relevant exchange traded funds are on the mend in 2023. That...

1 year ago - ETF Trends

PFXF: Preferred ETF with Perks

Amid expectations that a less aggressive tenor of interest rate increases will arrive in 2023, some market observers are looking at high-yield asset classes that stumbled this year amid seven interest...

1 year ago - ETF Trends

Preferred ETF Could Be Positioned for 2023 Resurgence

Count preferred stocks as among the high-yield asset classes dealing with 2022 headwinds attributable to seven interest rate hikes by the Federal Reserve.

1 year ago - ETF Trends

PFXF Powerful Source of Income

Owing to the bond-like characteristics of preferred stocks and the related exchange traded funds, those assets are faltering this year amid rising interest rates, but some green shoots may be emerging...

1 year ago - ETF Trends

After Drubbing, Preferred Stocks, These VanEck ETFs Look Interesting

Preferred stocks and exchange traded funds certainly fit the bill as high income assets. That's a positive when interest rates are declining or low, but the opposite is true in rising-rate environment...

1 year ago - ETF Trends

PFXF Could Be Potent Play on Possible Preferreds Rebound

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 ...

1 year ago - ETF Trends

Best Performing Fixed Income ETFs Of The Year

In a terrible year for the asset class, not every fixed income ETF is down.

Other symbols: ANGLPBTPRINFSTIPXMPT
1 year ago - ETFcom

There's Potential in Unique Preferred Stock ETF

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 Apr...

1 year ago - ETF Trends

A Potentially Potent Preferred Stock ETF

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 rate...

2 years ago - ETF Trends

Why Not Consider Preferred Stocks? Check Out These 3 Stock ETFs Right Now

Preferred stock offers higher yield and less volatility than common stock. Here's what you need to know, especially about preferred stock ETFs.

Other symbols: PFFPGX
2 years ago - MarketBeat

PFXF: A Potent, Pertinent Way to Preferred Income

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 renew...

2 years ago - ETF Trends

VanEck's PFXF ETF: Prefer a Higher Yield Strategy?

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 Van...

3 years ago - ETF Trends

In Today's Preferred ETF Climate, What's Not There Matters

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.

3 years ago - ETF Trends

Playing Preferreds For Better Income

A raft of high-yield asset classes are benefiting from lower interest rates this year, preferred stocks among them.

4 years ago - ETF Trends

This Little-Known Class of Stocks Will Thrive as Rates Go Down and Volatility Up

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%.

Other symbols: FPEPSK
4 years ago - ETF Trends

Preferred Securities: Income Opportunity Amid Falling Rates

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 cu...

4 years ago - ETF Trends

Lower Interest Rates Power This Preferred Stock ETF

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.

4 years ago - ETF Trends