PFLDAAM Low Duration Preferred and Income Securities ETF

Get income6y track recordRanked #499 of 1,624 in this goal

Seeks to track the total return performance of the ICE 0-5 Year Duration Preferred & Hybrid Securities Index.

By AAM · Launched 2019

Annual Cost

0.45%

#2,223 of 5,568 · average

Fund Size

$426M

#1,702 of 5,568 · large

Dividend YieldGoal

5.61%

Track Record

6 years

#2,011 of 5,568 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,598+6.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

ICE 0-5 Year Duration Preferred & Hybrid Securities Index

What it actually holds

By weight

Concentration

Top 10 holdings = 17.1% of fund✓ well diversified

Mount Vernon Liquid Assets Portfolio, LLC

6.3%

WELLS FARGO & COMPANY

1.8%

JPMORGAN CHASE & CO

1.3%

BP CAPITAL MARKETS PLC

1.2%

Invesco Government & Agency Po

1.2%

CVS HEALTH CORP

1.2%

CHARLES SCHWAB CORP

1.0%

WELLS FARGO & COMPANY

1.0%

CHARLES SCHWAB CORP

1.0%

GOLDMAN SACHS GROUP INC

1.0%

Asset allocation

Preferred

61.2%

Bonds

31.7%

Convertible

4.6%

Cash

1.6%

Other

0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.3%Low

Year-on-year price swings

Max drawdown

-33.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.26Below average

Sortino (3Y)

0.36Moderate downside risk

Bond profile

Duration

6.2 years

Avg maturity

10.0 years

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the total return performance of the ICE 0-5 Year Duration Preferred & Hybrid Securities Index.
Strategy: Uses a passive management approach to track the ICE 0-5 Year Duration Preferred & Hybrid Securities Index, investing primarily in preferred and hybrid securities with an option-adjusted duration of less than five years.
Inception date: November 19, 2019
Fund family: AAM