| Key Information |
| Trading Details |
| Distributions |
| NAV | Daily Change | |||
| Market Price | Daily Change |
| Fund NAV | Market Price | Index | |
|---|---|---|---|
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 4.52 | BA | BA 6 10/15/27 | BRBLC59 | 59.08 | 1,521,626 | 89,897,664.08 |
| 3.91 | SMCI | SMCI 7 06/01/29 | BWRXGQ3 | 67.08 | 1,159,108 | 77,752,964.64 |
| 3.21 | ORCL | ORCL 6 1/2 01/15/29 | BTTQ6B4 | 42.96 | 1,484,884 | 63,790,616.64 |
| 2.34 | GOOGL | GOOGL 6 1/4 05/15/29 | BX59J50 | 49.83 | 931,303 | 46,406,828.49 |
| 2.33 | WFC | WFC 7 1/2 PERP | B3KRSW9 | 1,071.12 | 43,147 | 46,215,614.64 |
| 2.32 | GOOGL | GOOGL 6 1/4 05/15/29 | BX59J61 | 49.53 | 932,203 | 46,172,014.59 |
| 1.83 | C | C 10.4746 10/30/40 | B3Z1BZ0 | 26.40 | 1,375,636 | 36,316,790.40 |
| 1.65 | KKR | KKR 6 1/4 03/01/28 | BN72V73 | 41.36 | 791,696 | 32,744,546.56 |
| 1.55 | NEE | NEE 7 3/8 02/15/29 | BWTWYL9 | 43.91 | 701,665 | 30,810,110.15 |
| 1.42 | MCHP | MCHP 7 1/2 03/15/28 | BTTRKK4 | 63.76 | 442,411 | 28,208,125.36 |
| Exposure |
PFFD invests in a broad basket of preferred stock in the U.S., an asset class that has historically offered high yield potential.
PFFD’s expense ratio is less than half the competitor average.1
PFFD has made monthly distributions 8 years running.
1Expense ratio was 52.8% lower than the competitor average net expense ratio as of 1/2/26, per ETF.com (category: “Fixed Income: U.S. Corporate, Preferred”)
| NAV | $17.36 | Daily Change | -$0.11 | -0.63% |
| Market Price | $17.36 | Daily Change | -$0.12 | -0.69% |
As of recent month & quarter-end (Sep 30 2026) | Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | -3.44% | -3.49% | -3.24% |
| 3 Years | 4.24% | 4.21% | 4.50% |
| 5 Years | -1.40% | -1.42% | -1.20% |
| Since Inception | 1.98% | 2.02% | 2.19% |
* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.