Key stats
About ISHARES TRUST PREFERRED AND INCOME SECURITIES ETF
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Inception date
Mar 26, 2007
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
PFF targets preferred securities irrespective of credit rating, providing a broad and diversified portfolio. The fund’s holdings reflect the nature of the market in that financial institutions dominate the holdings. The underlying index and portfolio are rebalanced monthly. PFF particularly stands out for strong block liquidity, making it the fund of choice for large traders. For investors, it is important to consider how much of the distribution can be classified as qualified dividend income. Prior to February 1, 2019, the fund tracked a similar index from S&P.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Stocks0.07%
Technology Services0.07%
Bonds, Cash & Other99.93%
Corporate96.05%
UNIT3.29%
Cash0.59%
Stock breakdown by region
North America99.56%
Europe0.37%
Asia0.07%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PFF top holdings are Boeing Company 6% Pfd Registered shs Series A and Wells Fargo & Company 7.5 % Non Cum Perp Conv Pfd Registered Shs A Series L, occupying 4.63% and 2.28% of the portfolio correspondingly.
PFF last dividends amounted to 3.37 MXN. The month before, the issuer paid 3.42 MXN in dividends, which shows a 1.29% decrease.
PFF assets under management is 263.37 B MXN. It's fallen 2.07% over the last month.
PFF fund flows account for −624.58 M MXN (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PFF pays dividends to its holders with the dividend yield of 6.68%. The last dividend (May 6, 2025) amounted to 3.42 MXN. The dividends are paid monthly.
PFF shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Mar 26, 2007, and its management style is Passive.
PFF expense ratio is 0.46% meaning you'd have to pay 0.46% of your investment to help manage the fund.
PFF follows the ICE Exchange-Listed Preferred & Hybrid Securities Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PFF invests in bonds.
PFF price has fallen by −1.15% over the last month, and its yearly performance shows a 11.80% increase. See more dynamics on PFF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.85% over the last month, have fallen by −0.85% over the last month, showed a −9.27% decrease in three-month performance and has increased by 17.14% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.85% over the last month, have fallen by −0.85% over the last month, showed a −9.27% decrease in three-month performance and has increased by 17.14% in a year.
PFF trades at a premium (0.42%) meaning the ETF is trading at a higher price than the calculated NAV.