Debunking Preferred-Stock ETF Holdings Part 8: PFFD's Portfolio Breakdown

(8min)

Summary

  • The Global X U.S. Preferred ETFP aims to mirror the performance of the ICE BofA Diversified Core U.S. Preferred Securities Index.
  • PFFD holds around $2.31 billion in net assets, with a total expense ratio of 0.23% and approximately 216 holdings.
  • The average credit score of PFFD's portfolio is Baa3, based on Moody's ratings and some adjustments.
  • The fund primarily invests in U.S. preferred stocks, offering benchmark-like exposure to this asset class.
Fact Check - business card message

gguy44/iStock via Getty Images

We have previously written articles on some ETFs, such as VRP and PFF, and today, we will continue with The Global X U.S. Preferred ETF (NYSEARCA:PFFD). The fund invests mostly in exchange-traded instruments. We will examine its

Trade With Beta

At Trade With Beta,

we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and ask any question in our chat room full of sophisticated traders and investors.

This article was written by

14.4K Followers

Arbitrage Trader, aka Denislav Iliev has been day trading for 15+ years and leads a team of 40 analysts. They identify mispriced investments in fixed-income and closed-end funds based on simple-to-understand financial logic.

Denislav leads the investing group Trade With Beta, features of the service include: frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of 1200+ equities, IPO previews, hedging strategies, an actively managed portfolio, and chat for discussion. Learn more.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in PFFD over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About PFFD ETF

SymbolLast Price% Chg
Expense Ratio
Div Frequency
Div Rate
Yield
Assets (AUM)
Compare to Peers

More on PFFD

Related Stocks

SymbolLast Price% Chg
PFFD
--