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ETFs

AAM Low Duration Preferred and Income Securities ETF

PFLD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Nov 19 2019
Expense Ratio
0.45%
Type
Preferred
Fund Owner
Advisors Asset Management
Volume (1m avg. daily)
$976,155
AUM
$205,074,612
Associated Index
ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Cash & Other
5.66%
JPM/PR/C
JPMorgan Chase & Co. - 6% PRF PERPETUAL USD 25 - Dep rep 1/400 Ser EE
2.50%
C/PR/K
Citigroup Inc - FXDFR PRF PERPETUAL USD 25 - Ser K
2.42%
JPM/PR/D
JPMorgan Chase & Co. - 5.75% PRF PERPETUAL USD 25 - Dep 1/400th Ser DD
2.23%
DUK/PR/A
Duke Energy Corp. - 5.75% PRF PERPETUAL USD 25 - Ser A 1/1000th Int
1.58%
C/PR/J
Citigroup Inc - FXDFR PRF PERPETUAL USD 25 - Ser J
1.54%
GS/PR/D
Goldman Sachs Group, Inc. - FR PRF PERPETUAL USD 25 - Ser D
1.51%
BAC/PR/B
Bank Of America Corp. - 6% PRF PERPETUAL USD 25 - Ser GG 1/1000th int
1.48%
WFC/PR/R
Wells Fargo & Co. - FXDFR PRF PERPETUAL USD 25 - Ser R Cl A
1.35%
ET/PR/E
Energy Transfer LP - FXDFR PRF PERPETUAL USD 25 - Ser E
1.28%
Invest with PFLD

What is PFLD?

The AAM Low Duration Preferred and Income Securities ETF (the Fund ) seeks to track the total return performance, before fees andexpenses, of the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index (the Index ). The Index measures the performance of exchange-listed, U.S. dollar-denominated preferred securities and hybrid securities listed on theNew York Stock Exchange ( NYSE ) or NASDAQ Capital Market ( NASDAQ ) with an option-adjusted duration of less than 5 years.

ETFs related toPFLD

ETFs correlated to PFLD include PFF, PSK, PFFD

PFLD
ETF Series Solutions Trust - AAM Low Duration Preferred and Income Securities ETF
PFF
BlackRock Institutional Trust Company N.A. - iShares Trust iShares Preferred and Income Securities ETF
PSK
SPDR Series Trust - SPDR ICE Preferred Securities ETF
PFFD
Global X Funds - Global X U.S. Preferred ETF
PGX
Invesco Capital Management LLC - Invesco Preferred ETF
PGF
Invesco Capital Management LLC - Invesco Financial Preferred ETF
FPE
First Trust Exchange-Traded Fund III - First Trust Preferred Securities and Income ETF
PFFA
ETFis Series Trust I - Virtus InfraCap U.S. Preferred Stock ETF
PFXF
VanEck ETF Trust - VanEck Preferred Securities ex Financials ETF
VRP
Invesco Capital Management LLC - Invesco Variable Rate Preferred ETF
FXO
First Trust Exchange-Traded Fund III - First Trust Financials AlphaDEX Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

PFLD is a Preferred ETF. The AAM Low Duration Preferred and Income Securities ETF (the Fund ) seeks to track the total return performance, before fees andexpenses, of the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index (the Index ). The Index measures the performance of exchange-listed, U.S. dollar-denominated preferred securities and hybrid securities listed on theNew York Stock Exchange ( NYSE ) or NASDAQ Capital Market ( NASDAQ ) with an option-adjusted duration of less than 5 years.

PFLD tracks the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index.

PFLD dividend information: Preferred Stock. Dividend payouts may vary in terms of frequency of payouts.

No, PFLD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PFLD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PFLD is 0.0117%. This is the percent change in the value of PFLD over the most recent 1-month period. The 3-month return on PFLD is 0.0256%. This is the percent change in the value of PFLD over the most recent 3-month period.

The standard deviation of PFLD for the past year is 0.1111%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PFLD include QAI, PCEF, and MLPA.

ETFs correlated to PFLD include PFF, PSK, and PFFD.

ETFs that are inversely correlated to PFLD include FAZ, BNKD, and VIXM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.