PFFVGlobal X Variable Rate Preferred ETF
PFFV Fund Description
PFFV tracks an index of variable rate US preferred securities, selected and weighted by market value.
PFFV Factset Analytics Insight
PFFV offers broad exposure to US preferred stocks, with respect to company size and floating rate characteristics. Securities are selected and weighted by the market value, plus any accrued interest. Given the nature of preferreds, PFFV’s holdings is concentrated on issuers from the financial industry, with a 10% exposure cap to individual issuers and a quarterly rebalance. While it may hold securities from non-US issuer, the passively-managed fund primarily invests in US-listed names of any credit quality and maturity that are denominated in USD. In all, PFFV provides a market-like, broad-based exposure to the space.
PFFV MSCI ESG Analytics Insight
Global X Variable Rate Preferred ETF has an MSCI ESG Fund Rating of A based on a score of 6.70 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. Global X Variable Rate Preferred ETF ranks in the 72nd percentile within its peer group and in the 67th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
PFFV Portfolio Data
PFFV Index Data
PFFV Portfolio Management
PFFV Tax Exposures
PFFV Fund Structure
PFFV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PFFV. PFFV is rated a 1 out of 5.