PFFA

Virtus InfraCap U.S. Preferred Stock ETF
*Unless otherwise stated, data provided by FactSet.

PFFA Fund Description

PFFA is an actively managed fund of US preferred stock. The fund leverages the portfolio to varying degrees, but generally in the range of 15-25% of fund assets. The fund seeks current income, with capital appreciation as a secondary goal.

PFFA Factset Analytics Insight

PFFA is one of the few actively managed preferred stock ETFs. The fund focuses only 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 1.5x). PFFA’s fee exceeds its competitors, so investors should carefully weight these costs before purchase.

PFFA MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of March 18, 2019 the Virtus InfraCap U.S. Preferred Stock ETF MSCI ESG Fund Quality Score is 2.90 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. PFFA ranks in the 1st percentile within its peer group and in the 1st percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

PFFA CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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Select ETFs to compare their performance:
PERFORMANCE [as of 03/18/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PFFA 3.33% 15.65% 15.33% -- -- -- --
PFFA (NAV) 3.53% 15.78% 15.19% -- -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PFFA Summary Data

Virtus
05/15/18
Open-Ended Fund
2.13%
$17.48M
0.20%

PFFA Portfolio Data

--
N/A

PFFA Index Data

No Underlying Index
Proprietary
Proprietary
N/A

PFFA Fund Structure

Yes
No
No Policy
N/A
N/A
High
Variable
N/A

PFFA Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

PFFA Factset Analytics Block Liquidity

As of 03/19/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PFFA. PFFA is rated a N/A out of 5.

PFFA Tradability

10,597
$257.10K
9,288
$221.12K
0.20%
$0.05
0.34%
1.45% / -0.89%
None
100.00%
50,000
0.19
0.05%
--
--
$25.02
N/A

PFFA MSCI ESG Ratings

2.90 / 10
0.98
0.68
1.49%
0.86%
135.60