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PFXF
VanEck Vectors Preferred Securities ex Financials ETF

Fund Description

The VanEck Vectors® Preferred Securities ex Financials ETF (PFXF®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Wells Fargo® Hybrid and Preferred Securities ex Financials Index. The Index is intended to track the overall performance of U.S.-listed preferred securities excluding those with a financial sector classification, including securities that, in Wells Fargo Securities LLC's judgment, are functionally equivalent to preferred securities such as convertible securities, depository preferred securities and perpetual subordinated debt.

 
 

  • Fund Ticker

    PFXF
  • Exchange

    NYSE Arca
  • Commencement

    07/16/2012
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    Bank of New York Mellon
  • Index Ticker

    WHPSL
  • Index Rebalancing

    Monthly

 
as of 08/22/19

  • 30-Day SEC Yield1

    5.42%
  • Total Net Assets

    $669.3M
  • Number of Holdings

    121
  • Options

    Expected
  • Gross Expense Ratio2

    0.45%
  • Net Expense Ratio/TER2

    0.41%
  • Distribution Frequency

    Monthly
  • Next Distribution Date

    08/30/2019

Performance History: Average Annual Total Returns* (%)

1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
07/16/12
PFXF (NAV) 1.98 4.39 16.80 8.39 4.35 5.53 -- 5.90
PFXF (Share Price) 2.02 4.75 17.01 8.81 4.23 5.54 -- 5.94
WHPSL (Index) 2.02 4.48 16.23 8.78 4.25 5.47 -- 5.88
Performance Differential (NAV - Index) -0.04 -0.09 0.57 -0.39 0.10 0.06 -- 0.02
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
07/16/12
PFXF (NAV) 2.09 2.78 14.53 7.03 4.15 4.95 -- 5.67
PFXF (Share Price) 2.20 3.20 14.69 6.92 4.12 4.91 -- 5.71
WHPSL (Index) 2.16 2.93 13.93 7.44 4.02 4.90 -- 5.65
Performance Differential (NAV - Index) -0.07 -0.15 0.60 -0.41 0.13 0.05 -- 0.02

Performance History:Cumulative Total Return (%) Annual End as of 12/31/18

1 YR 3 YR 5 YR 10 YR LIFE
07/16/12
PFXF (NAV) -4.28 9.62 25.43 -- 28.15
PFXF (Share Price) -4.32 10.41 26.01 -- 28.27
WHPSL (Index) -3.91 8.70 24.98 -- 28.68
Performance Differential (NAV - Index) -0.37 0.92 0.45 -- -0.53

Distribution History

Anticipated Frequency: Monthly Dividend Income & Annual Capital Gains
Ex-Date Record
Date
Payable Date Dividend
Income*
Short-Term
Capital Gains
Long-Term
Capital Gains
Return of Capital Total Distributions
08/01/2019 08/02/2019 08/07/2019 $0.0656 -- -- -- $0.0656
07/01/2019 07/02/2019 07/08/2019 $0.1079 -- -- -- $0.1079
06/03/2019 06/04/2019 06/07/2019 $0.0959 -- -- -- $0.0959
04/24/2019 04/25/2019 04/30/2019 $0.0566 -- -- -- $0.0566
04/01/2019 04/02/2019 04/05/2019 $0.0943 -- -- -- $0.0943
03/01/2019 03/04/2019 03/07/2019 $0.0760 -- -- -- $0.0760
02/01/2019 02/04/2019 02/07/2019 $0.0727 -- -- -- $0.0727
12/27/2018 12/28/2018 01/03/2019 $0.1195 -- -- -- $0.1195
12/03/2018 12/04/2018 12/07/2018 $0.0866 -- -- -- $0.0866
11/01/2018 11/02/2018 11/07/2018 $0.0925 -- -- -- $0.0925
10/01/2018 10/02/2018 10/05/2018 $0.1136 -- -- -- $0.1136
09/04/2018 09/05/2018 09/10/2018 $0.0683 -- -- -- $0.0683
08/01/2018 08/02/2018 08/07/2018 $0.0771 -- -- -- $0.0771
07/02/2018 07/03/2018 07/09/2018 $0.1383 -- -- -- $0.1383
06/01/2018 06/04/2018 06/07/2018 $0.0927 -- -- -- $0.0927
05/01/2018 05/02/2018 05/07/2018 $0.0825 -- -- -- $0.0825
04/02/2018 04/03/2018 04/06/2018 $0.1100 -- -- $0.0031 $0.1131
03/01/2018 03/02/2018 03/07/2018 $0.0878 -- -- $0.0025 $0.0903
02/01/2018 02/02/2018 02/07/2018 $0.0854 -- -- $0.0024 $0.0878
12/27/2017 12/28/2017 01/03/2018 $0.1031 -- -- -- $0.1031
12/01/2017 12/04/2017 12/07/2017 $0.1000 -- -- -- $0.1000
11/01/2017 11/02/2017 11/07/2017 $0.0771 -- -- -- $0.0771
10/02/2017 10/03/2017 10/06/2017 $0.1222 -- -- -- $0.1222
09/01/2017 09/06/2017 09/08/2017 $0.0883 -- -- -- $0.0883
08/01/2017 08/03/2017 08/07/2017 $0.1021 -- -- -- $0.1021
07/03/2017 07/06/2017 07/10/2017 $0.1080 -- -- -- $0.1080
06/01/2017 06/05/2017 06/07/2017 $0.0896 -- -- -- $0.0896
05/01/2017 05/03/2017 05/05/2017 $0.0690 -- -- -- $0.0690
04/03/2017 04/05/2017 04/07/2017 $0.1364 -- -- $0.0083 $0.1447
03/01/2017 03/03/2017 03/07/2017 $0.0880 -- -- $0.0053 $0.0933
02/01/2017 02/03/2017 02/07/2017 $0.0651 -- -- $0.0039 $0.0690
12/28/2016 12/30/2016 01/04/2017 $0.1503 -- -- -- $0.1503
12/01/2016 12/05/2016 12/07/2016 $0.0904 -- -- -- $0.0904
11/01/2016 11/03/2016 11/07/2016 $0.0685 -- -- -- $0.0685
10/03/2016 10/05/2016 10/07/2016 $0.1371 -- -- -- $0.1371
09/01/2016 09/06/2016 09/08/2016 $0.0700 -- -- -- $0.0700
08/01/2016 08/03/2016 08/05/2016 $0.0685 -- -- -- $0.0685
07/01/2016 07/06/2016 07/08/2016 $0.1500 -- -- -- $0.1500
06/01/2016 06/03/2016 06/07/2016 $0.0676 -- -- -- $0.0676
05/02/2016 05/04/2016 05/06/2016 $0.0730 -- -- -- $0.0730
04/01/2016 04/05/2016 04/07/2016 $0.1100 -- -- -- $0.1100
03/01/2016 03/03/2016 03/07/2016 $0.0690 -- -- -- $0.0690
02/01/2016 02/03/2016 02/05/2016 $0.0671 -- -- -- $0.0671
12/29/2015 12/31/2015 01/05/2016 $0.1620 -- -- -- $0.1620
12/01/2015 12/03/2015 12/07/2015 $0.0660 -- -- -- $0.0660
11/02/2015 11/04/2015 11/06/2015 $0.0568 -- -- -- $0.0568
10/01/2015 10/05/2015 10/07/2015 $0.2109 -- -- -- $0.2109
09/01/2015 09/03/2015 09/08/2015 $0.0630 -- -- -- $0.0630
08/03/2015 08/05/2015 08/07/2015 $0.0600 -- -- -- $0.0600
07/01/2015 07/06/2015 07/08/2015 $0.1450 -- -- -- $0.1450
06/01/2015 06/03/2015 06/05/2015 $0.0680 -- -- -- $0.0680
05/01/2015 05/05/2015 05/07/2015 $0.0500 -- -- -- $0.0500
04/01/2015 04/06/2015 04/08/2015 $0.1500 -- -- -- $0.1500
03/02/2015 03/04/2015 03/06/2015 $0.0600 -- -- -- $0.0600
02/02/2015 02/04/2015 02/06/2015 $0.0545 -- -- -- $0.0545
12/29/2014 12/31/2014 01/05/2015 $0.1652 -- -- -- $0.1652
12/01/2014 12/03/2014 12/05/2014 $0.0700 -- -- -- $0.0700
11/03/2014 11/05/2014 11/07/2014 $0.0600 -- -- -- $0.0600
10/01/2014 10/03/2014 10/07/2014 $0.1550 -- -- -- $0.1550
09/02/2014 09/04/2014 09/08/2014 $0.0800 -- -- -- $0.0800
08/01/2014 08/05/2014 08/07/2014 $0.0560 -- -- -- $0.0560
07/01/2014 07/03/2014 07/08/2014 $0.1800 -- -- -- $0.1800
06/02/2014 06/04/2014 06/06/2014 $0.0680 -- -- -- $0.0680
05/01/2014 05/05/2014 05/07/2014 $0.0668 -- -- -- $0.0668
04/01/2014 04/03/2014 04/07/2014 $0.1565 -- -- -- $0.1565
03/03/2014 03/05/2014 03/07/2014 $0.0700 -- -- -- $0.0700
02/03/2014 02/05/2014 02/07/2014 $0.0900 -- -- -- $0.0900
12/27/2013 12/31/2013 01/03/2014 $0.1510 -- -- -- $0.1510
12/02/2013 12/04/2013 12/06/2013 $0.1000 -- -- -- $0.1000
11/01/2013 11/05/2013 11/07/2013 $0.0593 -- -- -- $0.0593
10/01/2013 10/03/2013 10/07/2013 $0.1551 -- -- -- $0.1551
09/03/2013 09/05/2013 09/09/2013 $0.0905 -- -- -- $0.0905
08/01/2013 08/05/2013 08/07/2013 $0.0682 -- -- -- $0.0682
07/01/2013 07/03/2013 07/08/2013 $0.1568 -- -- -- $0.1568
06/03/2013 06/05/2013 06/07/2013 $0.0850 -- -- -- $0.0850
05/01/2013 05/03/2013 05/07/2013 $0.0592 -- -- -- $0.0592
04/01/2013 04/03/2013 04/05/2013 $0.1555 -- -- -- $0.1555
03/01/2013 03/05/2013 03/07/2013 $0.0910 -- -- -- $0.0910
02/01/2013 02/05/2013 02/07/2013 $0.0549 -- -- -- $0.0549
12/27/2012 12/31/2012 01/03/2013 $0.1460 -- -- -- $0.1460
12/03/2012 12/05/2012 12/07/2012 $0.1010 -- -- -- $0.1010
11/01/2012 11/05/2012 11/07/2012 $0.0730 -- -- -- $0.0730
10/01/2012 10/03/2012 10/05/2012 $0.1255 -- -- -- $0.1255
09/04/2012 09/07/2012 09/10/2012 $0.0800 -- -- -- $0.0800

*All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck Vectors ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.

Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.

The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.

Click here to access more detailed yearend tax information.

Growth of hypothetical $10,000 investment as of 07/31/2019

3 Months | 6 Months | 1 Year | 3 Years | 5 Years |
  TO  

Calendar Year Returns (%) as of 12/31/2018

NAV History
as of 07/31/19

Best & Worst
Quarter Returns (%)
as of 06/30/19

  • Best quarter

    1Q'19 +11.43%
  • Worst quarter

    4Q'18 -7.13%
Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.