Global X US Preferred ETF
PFFD

$20.94

0.14%

Market Cap: $2.52B

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

1,450% more call options, than puts

Call options by funds: $403K | Put options by funds: $26K

41% more repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 76

11% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 28

1% more funds holding

Funds holding: 247 [Q1] → 250 (+3) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 7 [Q1] → 7 (+0) [Q2]

3.96% less ownership

Funds ownership: 52.17% [Q1] → 48.2% (-3.96%) [Q2]

11% less capital invested

Capital invested by funds: $1.25B [Q1] → $1.11B (-$139M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for PFFD.

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Financial journalist opinion

Based on 4 articles about PFFD published over the past 30 days

How the Fed's Rate Cut Could Supercharge These 3 ETFs

With the Federal Open Market Committee (FOMC) cutting interest rates by a larger-than-expected 50 basis points in its September meeting, businesses throughout the country will be able to take out loans more cheaply. One intended goal of a rate cut like this is to foster increased profitability through business expansion.

How the Fed's Rate Cut Could Supercharge These 3 ETFs

Positioning Ahead of the Fed: ETFs for a Lower Rate Era

The first cut is the deepest — so they say. As with all complicated relationships, this mantra may certainly ring true for the Federal Reserve and the markets — at least from a psychological standpoint.

Positioning Ahead of the Fed: ETFs for a Lower Rate Era

24/7 Wall Street

6 Top Dividend ETFs to Buy in September for Passive Income Investors

24/7 Wall St. Insights Exchange-traded funds have numerous advantages over open-end mutual funds.

6 Top Dividend ETFs to Buy in September for Passive Income Investors

PFFD: Shrinking Value And Distribution

Global X U.S. Preferred ETF tracks an index including U.S. preferred stocks of all kinds. PFFD is concentrated in top issuers, especially large banks. PFFD has a bond-like return with stock-like risk, underperforming a high-yield bond benchmark and several preferred stocks ETFs.

PFFD: Shrinking Value And Distribution

24/7 Wall Street

6 Top ETFs to Buy for Passive Income Investors in June

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes.

6 Top ETFs to Buy for Passive Income Investors in June

PFFD: Sell In May, Go Away, Don't Come Back

Preferred shares have underperformed the wider market due to asymmetric returns and asymmetries of information and market power that disadvantage preferred shareholders compared to common equity and debt holders. Retail investors are often misled about the downside protection and safety of preferred shares, which is not historically accurate. The annual Federal Reserve Stress Tests have caused seasonality. PFFD has suffered from substandard, and often negative, second half returns.

PFFD: Sell In May, Go Away, Don't Come Back

Preferreds Weekly Review: Bond Interest Deferral Worries Investors

We take a look at the action in preferreds and baby bonds through the second week of April and highlight some of the key themes we are watching.

Preferreds Weekly Review: Bond Interest Deferral Worries Investors

Preferreds Weekly Review: Keep An Eye On The Spread Of Floating-Rate Preferreds

We take a look at the action in preferreds and baby bonds through the fourth week of March and highlight some of the key themes we are watching. Preferreds had a good week as Treasury yields fell on the back of the Fed's more dovish than expected stance. We take a look at how stocks with different spreads over SOFR could react to Fed's cuts.

Preferreds Weekly Review: Keep An Eye On The Spread Of Floating-Rate Preferreds

Preferreds Weekly Review: Mandatory Convertibles Offer High-Beta Preferred Exposure

We take a look at the action in preferreds and baby bonds through the third week of March and highlight some of the key themes we are watching. Preferreds were down for the week due to rising Treasury yields, but most preferred CEF sectors remain positive for the month. Albemarle issued a new preferred stock with a mandatory convertible feature, offering upside participation with less downside than the common and a higher coupon.

Preferreds Weekly Review: Mandatory Convertibles Offer High-Beta Preferred Exposure

PFFD: A 'Preferred' High Yield ETF Value Trap

The PFFD ETF seeks to provide investors with "high yield" income by investing in a broad basket of preferred stock issues. The majority of preferred stock held in the PFFD ETF are issued by financial institutions and utility companies. Income-oriented investors are attracted by the "shiny object" of a 6.4% yield and the fact that preferred shares are higher on the distribution/assets claims ladder as compared to common stock.

PFFD: A 'Preferred' High Yield ETF Value Trap

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