This ETF is one of the more unique offerings within the ETP lineup, offering exposure to a basket of closed-end funds that invest in various types of fixed income securities. Unlike ETFs, closed-end funds often trade at a premium or discount to their NAV, introducing both another risk factor and an opportunity to enhance current returns. By focusing on CEFs trading at a big discount to NAV, PCEF is able to sport an impressive distribution yield that may make this fund an intriguing option for those looking to beef up current returns. The juicy yields offered by this fund might make PCEF an appealing option to include within a long-term portfolio as a source of additional yield; this ETF may also be attractive for those looking to establish a shorter-term tactical tilt towards high yielding securities. One potential drawback is the relatively high expense ratio charged, and the layered exposure strategy results in multiple layers of fees on this product. Still, the yield offered by PCEF will be hard to find anywhere else.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
Asset | Percentage |
---|---|
U.S. Listed Stocks | 99.93% |
Cash | 0.07% |
Sector | Percentage |
---|---|
Miscellaneous | 98.97% |
Other | 0.52% |
Consumer Services | 0.51% |
CASH | 0.0% |
Market Cap | Percentage |
---|---|
Small | 54.04% |
Mid | 45.96% |
Region | Percentage |
---|---|
AMER | 99.48% |
Other | 0.52% |
Region | Percentage |
---|
Country | Percentage |
---|---|
US | 99.29% |
Other | 0.71% |
Credit | Percentage |
---|---|
AAA | 0.0% |
AA | 0.0% |
A | 0.0% |
BBB | 0.0% |
BB | 0.0% |
B | 0.0% |
Below B | 0.0% |
Not Rated | 0.0% |
Maturity | Percentage |
---|---|
Less Than 1 Year | 0.0% |
1-3 Years | 0.0% |
3-5 Years | 0.0% |
5-7 Years | 0.0% |
7-10 Years | 0.0% |
10-15 Years | 0.0% |
15-20 Years | 0.0% |
20-30 Years | 0.0% |
30+ Years | 0.0% |
Maturity | Percentage |
---|---|
Less Than 1 Year | 0.0% |
1-3 Years | 0.0% |
3-5 Years | 0.0% |
5-7 Years | 0.0% |
7-10 Years | 0.0% |
10-15 Years | 0.0% |
15-20 Years | 0.0% |
20-30 Years | 0.0% |
30+ Years | 0.0% |
Asset | Percentage |
---|---|
U.S. Listed Stocks | 99.93% |
Cash | 0.07% |
This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.
This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.
View charts featuring ETF fund flow data.
5 Day Net Flows: 1.12 M 1 Month Net Flows: 4.02 M 3 Month Net Flows: -5.42 M 6 Month Net Flows: -12.84 M 1 Year Net Flows: 904.9 K 3 Year Net Flows: 126.9 M 5 Year Net Flows: 164.47 M 10 Year Net Flows: 706.21 MThe adjacent table gives investors an individual Realtime Rating for PCEF on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Total Bond Market with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.
PCEF does not have an ESG score. There are no ESG themes that map to this ETF.
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.
Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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