AAM Low Duration Preferred and Income Securities ETFPFLD
PFLD
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
170% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 10
18% more funds holding
Funds holding: 49 [Q3] → 58 (+9) [Q4]
7% more capital invested
Capital invested by funds: $253M [Q3] → $270M (+$17.2M) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
2.16% less ownership
Funds ownership: 59.92% [Q3] → 57.76% (-2.16%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for PFLD.
Financial journalist opinion
Positive
Seeking Alpha
2 weeks ago
Debunking Preferred Stock ETFs Part 6. PFLD's Portfolio Breakdown
PFLD ETF tracks the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index, focusing on preferred stocks with $500M in assets and a 0.45% expense ratio. The fund's portfolio includes 17% bonds and 83% preferred stocks, with detailed breakdowns of their yields, call dates, and trading statuses. Preferred stocks are categorized into cumulative, non-cumulative, floating, and resettable rates, with specific yield metrics and maturity dates provided for each type.
Neutral
PRNewsWire
1 month ago
AAM Low Duration Preferred & Income Securities ETF Eclipses $500 Million AUM Milestone
MONUMENT, Colo. , Feb. 19, 2025 /PRNewswire/ -- Advisors Asset Management (AAM), a leading investment solutions provider, announced today that its AAM Low Duration Preferred & Income Securities ETF (NYSE: PFLD) has surpassed $500 million in assets under management (AUM).
Negative
Seeking Alpha
2 months ago
PFLD: With Spreads Tight, This Preferred Equity ETF Is No Longer Attractive (Rating Downgrade)
While PFLD has delivered positive returns since the previous "Buy" rating, primarily driven by its dividend yield, the current market conditions warrant a more cautious approach. PFLD markets itself as having a low duration portfolio (1.28 years), making it less sensitive to interest rate changes. However, the analysis argues that this claim is debatable. When compared to the iShares Preferred and Income Securities ETF, PFLD's performance is highly correlated, suggesting that its actual duration is likely longer than advertised.
Negative
Seeking Alpha
5 months ago
PFLD: Hybrid Assets ETF With Low Rate Sensitivity, But Underwhelming Record
AAM Low Duration Preferred and Income Securities ETF holds 209 US-listed hybrid securities with lower sensitivity to interest rate changes. The PFLD ETF is diversified but heavily concentrated in the financial sector, with significant exposure to banks. PFLD has suffered a significant decay in price since its inception, amplified by inflation.
Positive
Seeking Alpha
9 months ago
PFLD: Reduces Interest Rate Risk For Preferreds In An ETF Wrapper
AAM's Low Duration Preferred ETF offers monthly income, diversification, potential tax advantages, and lower interest rate risk compared to common shares. With a 6.54% 30 day SEC yield and 0.46% expense ratio, this ETF is recommended for investors seeking steady income and reduced risk. Preferred shares in PFLD provide fixed dividends, equity status, and higher priority in dividend payments than common shares, with lower default and call risks due to screening process.
Negative
Seeking Alpha
10 months ago
PFLD: Good If Still Nervous About Rates
AAM Low Duration Preferred and Income Securities ETF offers stable returns and low duration for investors seeking income streams with minimal rate risk. PFLD is the first ETF of its kind, targeting short-duration preferred securities with a duration of less than 5 years. The PFLD fund is heavily diversified and has a high concentration in the banking and financial services sectors, offering attractive relative yield.
Positive
ETF Trends
11 months ago
9 Views on Adding Current Income in 2024
The U.S. stock market is chugging along in 2024 despite looming risks surrounding inflation, interest rates, and even AI. With many investors approaching retirement, too, the need for current income is continuing to grow.
Negative
Seeking Alpha
11 months ago
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.
Positive
Seeking Alpha
1 year ago
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.
Positive
Seeking Alpha
1 year ago
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.
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