Key stats
About AAM Low Duration Preferred and Income Securities ETF
Expense ratio
0.46%
Home page
Inception date
Nov 19, 2019
PFLD is the first to offer a passively managed fund that follows an index of USD denominated preferred and hybrid securities primarily listed on NYSE or NASDAQ with an option-adjusted duration of less than 5 years. The index is composed of securities of different categories such as floating, fixed rate, convertible preferreds, preferred REITs or hybrid REITs, and ADRs. Eligible securities must meet a minimum $100 million face amount outstanding, liquidity, trading volume, priced no more than 105% of its face value and at least 18 months to final maturity. The Index may include securities of any credit quality and is market-value weighted with 4.75% maximum allocation per issuer. The Index is rebalanced monthly.
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
Finance
Stocks98.96%
Finance78.76%
Utilities6.39%
Communications3.25%
Distribution Services3.15%
Consumer Durables2.45%
Producer Manufacturing1.07%
Consumer Services0.94%
Government0.66%
Electronic Technology0.66%
Transportation0.65%
Industrial Services0.46%
Technology Services0.30%
Miscellaneous0.24%
Bonds, Cash & Other1.04%
Miscellaneous0.56%
Mutual fund0.27%
Cash0.22%
Top 10 holdings
Dividends
Dividend payout history