PFF
iShares Preferred & Income Securities ETF
iShares S&P U.S. Preferred Stock Index Fund seeks results that correspond generally to the price and yield performance of the S&P U.S. Preferred Stock Index.
Preferred Stock
FIXED INCOME
Rules-Based
MANAGEMENT STYLE
13.7 B
ASSETS UNDER MGMT
46 bp
EXPENSES
Fund Basics
| Fund sponsor | Barclays Global Fund Advisors |
| Category | Preferred Stock |
| Asset class | Fixed Income |
| Website | link... |
| Inception date | Mar 26, 2007 |
| Assets (mns) | $13,374 |
| Expense ratio | 46 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Monthly |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Asset Allocation
Historical Performance
Standardized Performance (as of 03/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 1.3% | -1.0% | -1.3% | -4.4% | -2.6% | -2.3% | -- | -2.5% |
| Dividend Yield | -3.6% | 0.3% | 6.5% | 4.6% | 7.4% | 5.2% | -- | 6.0% |
| Total Returns | -2.3% | -0.7% | 5.2% | 0.3% | 4.8% | 2.9% | -- | 3.5% | Ann. Volatility | 10.6% | 8.8% | 10.5% | 11.8% | 17.0% | 12.6% | -- | 19.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.56 | 55% |
| MSCI EAFE | 0.58 | 59% |
| MSCI Emg Mkts | 0.50 | 44% |
Liquidity Measures
| Avg. volume (000) | 5,665 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.03% |
| ADV of underlying (mns) | $0 |
Technical Indicators
| Recent close | $30.19 |
| 30d moving avg. | $30.43 |
| Annualized volatility | 13.0% |
| Relative strength (RSI) | 38 |
| Short interest (ETF) | 1.2% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Rules-Based Preferred Stock Fixed Income ETFs |
| # of ETFs | 12 |
| Avg. Expense Ratio | 43.4 bp |
| Std. Deviation | 9.4 bp |
| PFF (46 bp) Percentile rank | 61 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| PFF | 46.0 | 3.4 | 49.4 |
| Peer Avg. | 58.2 | 24.1 | 82.3 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .