Virtus InfraCap U.S. Preferred Stock ETF (PFFA) is an exchange-traded fund listed on NYSE ARCA, issued by Virtus. It last traded at $18.81 (-0.66% on the day), within a 52-week range of $18.78 to $22.06. It is a core investment grade bond fund with 198 holdings, $2.32B in assets under management and an expense ratio of 2.11%. It launched on May 15, 2018.
PFFA is an actively managed preferred stock ETF that focuses on preferred equity listed in the US and utilizes a variety of active management strategies. Specifically, the portfolio manager analyzes companies based on fundamentals while generally eliminating exposure to callable securities. A distinguishing characteristic of PFFA is that it uses margin to modestly leverage the portfolio, with a target leverage of 15-25% and a cap of 33% of fund assets (an effective maximum leverage ratio of 1.25x). The fund may engage in active and frequent trading of portfolio securities, at its discretion,…
ETF data for PFFA: Summary · AI Insight · News · Holdings