Key stats
About AAM Low Duration Preferred and Income Securities ETF
Home page
Inception date
Nov 19, 2019
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
Advisors Asset Management, Inc.
Distributor
Quasar Distributors LLC
ISIN
US26922A1988
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
Corporate
Bonds, Cash & Other100.00%
Corporate96.11%
Mutual fund2.00%
Structured0.79%
Cash0.79%
Miscellaneous0.31%
Stock breakdown by region
North America96.44%
Europe3.56%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PFLD last dividends amounted to 0.09 USD. The month before, the issuer paid 0.09 USD in dividends,
PFLD assets under management is 495.33 M USD. It's risen 0.04% over the last month.
PFLD fund flows account for 108.30 M USD (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, PFLD pays dividends to its holders with the dividend yield of 6.97%. The last dividend (Oct 1, 2025) amounted to 0.09 USD. The dividends are paid monthly.
PFLD shares are issued by Sun Life Financial, Inc. under the brand AAM. The ETF was launched on Nov 19, 2019, and its management style is Passive.
PFLD expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
PFLD follows the ICE 0-5 Year Duration Preferred & Hybrid Securities Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PFLD invests in bonds.
PFLD price has risen by 0.30% over the last month, and its yearly performance shows a −7.74% decrease. See more dynamics on PFLD price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.78% increase in three-month performance and has decreased by −0.61% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.78% increase in three-month performance and has decreased by −0.61% in a year.
PFLD trades at a premium (0.00%) meaning the ETF is trading at a higher price than the calculated NAV.