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PFXF VanEck Preferred Securities ex Financials ETF Please read important disclosure Close important disclosure false us en false false

PFXF
VanEck Preferred Securities ex Financials ETF

PFXF
VanEck Preferred Securities ex Financials ETF

  • NAV
    $17.52

    as of March 04, 2024
  • YTD RETURNS
    2.65%

    as of March 04, 2024
  • Total Net Assets
    $1.51B

    as of March 04, 2024
  • Total Expense Ratio
    0.41%
  • Inception Date
    07/16/2012
  • 30-Day SEC Yield
    6.87%

Fund Description

The VanEck Preferred Securities ex Financials ETF (PFXF®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE Exchange-Listed Fixed & Adjustable Rate Non-Financial Preferred Securities Index (PFAN), which is intended to track the overall performance of U.S. exchange-listed hybrid debt, preferred stock and convertible preferred stock issued by non-financial corporations.

Overview

Fund Highlights

  • High Income Potential
    Historically, a company's preferred securities have offered higher yield than its common stock and senior debt

  • Differentiated Exposure
    Index excludes financial companies, which dominate broad-based indices, resulting in greater diversification without sacrificing yield

  • Low Expense Ratio
    PFXF's net expense ratio is 61% less than the mutual fund and ETF category average

Performance

Fees

Holdings

Portfolio

Distributions

Team

Literature

PFXF