PFXFVanEck Preferred Securities ex Financials ETF

Get income13y track recordRanked #233 of 1,622 in this goal

Seeks to replicate the price and yield performance of the ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index.

By VanEck · Launched 2012

Annual Cost

0.40%

#2,058 of 5,562 · average

Fund Size

$2.5B

#649 of 5,562 · large

Dividend YieldGoal

6.28%

Track Record

13 years

#1,023 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$11,462+14.6%

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 Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index

What it actually holds

By weight

Concentration

Top 10 holdings = 39.7% of fund✓ well diversified

BOEING CO/THE

11.1%

State Street Global Advisors

4.7%

STRATEGY INC

4.1%

ALBEMARLE CORP

4.0%

NEXTERA ENERGY INC

3.1%

SOUTHERN CO

3.0%

HP ENTERPRISE CO

3.0%

MICROCHIP TECHNOLOGY INC

2.6%

NEXTERA ENERGY INC

2.2%

AT&T INC

2.0%

Asset allocation

Preferred

87.7%

Stocks

12.2%

Cash

0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

9.3%Low

Year-on-year price swings

Max drawdown

-35.5%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.63Decent risk-adjusted returns

Sortino (3Y)

0.90Moderate downside risk

Bond profile

Credit ratings

0.5%

4.0%

BBB

27.5%

29.4%

4.2%

Other

34.4%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to replicate the price and yield performance of the ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index.
Strategy: Invests primarily in securities that comprise the Preferred Securities Index, which includes U.S. exchange-listed hybrid debt and preferred stock issued by non-financial corporations. The Fund does not seek to outperform the Index and is classified as non-diversified.
Inception date: July 16, 2012
Fund family: VanEck