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 that leverages the portfolio to varying degrees. The fund seeks current income, with capital appreciation as a secondary goal.

PFFA Factset Analytics Insight

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 1.5x). The fund may engage in active and frequent trading of portfolio securities, at its discretion, to meet its investment objectives.

PFFA MSCI ESG Analytics Insight

Virtus InfraCap U.S. Preferred Stock ETF has an MSCI ESG Fund Rating of B based on a score of 1.68 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

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. Virtus InfraCap U.S. Preferred Stock ETF ranks in the 2nd percentile within its peer group and in the 1st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 06/10/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PFFA 1.89% 9.27% 13.83% 30.41% 7.69% -- --
PFFA (NAV) 2.42% 9.12% 14.38% 33.99% 7.76% -- --
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
1.47%
$410.24M
0.11%

PFFA Portfolio Data

4.26%
N/A

PFFA Index Data

No Underlying Index
Proprietary
Proprietary
N/A

PFFA Fund Structure

Yes
No
-- / --
N/A
N/A
Low
Variable
N/A

PFFA Tax Exposures

20.00% / 39.60%
0.64%
No

PFFA Factset Analytics Block Liquidity

As of 06/11/21
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

199,322
$4.86M
149,200
$3.66M
0.11%
$0.03
0.22%
1.01% / -1.11%
None
100.00%
50,000
2.98
--
--
79
$24.91
N/A

PFFA MSCI ESG Ratings

1.68 / 10
0.97
1.64
5.36%
1.28%
458.48