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  • ETF
  • PCEF
    Pricing Data
    Change: $0.03 (0.0%)
    Time: 11/11/19
    Previous Close: $22.81
  • Category
  • Total Bond Market
Last Updated:



Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $18.18
  • 52 Week Hi: $22.84
  • AUM: $783.5 M
  • Shares: 34.4 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 125,009
  • 3 Month Avg. Volume: 121,235

Alternative ETFs in the Total Bond Market Category

Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest BND 0.04% $46,183.3 M 3,032,701 7.81%
Largest (AUM) AGG 0.05% $65,519.8 M 3,531,706 7.51%
Most Liquid (Volume) AGG 0.05% $65,519.8 M 3,531,706 7.51%
Top YTD Performer XMPT 1.86% $163.8 M 23,294 18.42%

Analyst Report

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.

Realtime Rating

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Realtime Rating Summary

The 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.

Compare to another ETF

View the Category Report

PCEF Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A- n/a
Expenses C n/a

PCEF In-Depth Analysis

The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its Category.

PCEF Holdings

Filings Data as of: Nov 11, 2019

Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group Category.

Number of Holdings
Rank: 53 of 85
Category Low FLBL (1)
Category High IUSB (8973)
% Assets in Top 10
Rank: 28 of 84
Category Low IAGG (5.58%)
Category High FWDB (100.00%)
% Assets in Top 15
Rank: 54 of 84
Category Low IAGG (6.99%)
Category High STOT (116.52%)
% Assets in Top 50
Rank: 41 of 84
Category Low IAGG (15.20%)
Category High STOT (155.54%)

Asset Allocation

Asset Percentage
U.S. Listed Stocks 99.86%
Cash 0.14%

Sector Breakdown

Sector Percentage
Other 75.5%
Financials 24.36%
ETF Cash Component 0.14%

Market Cap Breakdown

Market Cap Percentage
Non-Equity 64.45%
Micro cap 28.12%
Unknown 4.39%
Small cap 2.9%
ETF Cash Component 0.14%

Region Breakdown

Region Percentage
North America 99.86%
ETF Cash Component 0.14%

Market Tier Breakdown

Region Percentage
United States 99.86%
ETF Cash Component 0.14%

Country Breakdown

Country Percentage
United States 99.86%
ETF Cash Component 0.14%

PCEF Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same Category.

Expenses Ratio Analysis

ETF Average
ETF Wtd. Average
Category Average
Expense Ratio
Rank: 92 of 93
Category Low BND (0.04%)
Category High MCEF (2.37%)

Commission Free Trading

This ETF is not currently available for commission free trading on any platforms.

Category Commission Free Trading

There are 13 other ETFs in the Total Bond Market Category that are also eligible for commission free trading:

PCEF ESG Themes and Scores

PCEF does not have an ESG score. There are no ESG themes that map to this ETF.

PCEF Performance

This section shows how this ETF has performed relative to its peer group Category.

1 Week Return
Rank: 5 of 89
Category Low ILTB (-1.89%)
Category High RISE (1.21%)
4 Week Return
Rank: 1 of 92
Category Low BLV (-2.60%)
Category High PCEF (2.01%)
13 Week Return
Rank: 1 of 90
Category Low BLV (-2.59%)
Category High PCEF (3.60%)
26 Week Return
Rank: 3 of 90
Category Low RISE (-2.29%)
Category High BLV (9.59%)
Year to Date Return
Rank: 1 of 83
Category Low RISE (-4.40%)
Category High PCEF (20.05%)
1 Year Return
Rank: 6 of 79
Category Low RISE (-9.42%)
Category High BLV (21.56%)
3 Year Return
Rank: 1 of 50
Category Low RISE (-0.58%)
Category High PCEF (30.96%)
5 Year Return
Rank: 1 of 32
Category Low AGND (1.63%)
Category High PCEF (37.71%)

PCEF Fund Flows

This section compares the fund flows of this ETF to peers in the same Category.

1 Week Fund Flow
Rank: 17 of 37
$6.8 M
Category Low SPAB (‑$167.8 M)
Category High MINT ($128.0 M)
4 Week Fund Flow
Rank: 28 of 64
$13.6 M
Category Low SPAB (‑$132.5 M)
Category High BNDX ($918.9 M)
13 Week Fund Flow
Rank: 44 of 76
$5.7 M
Category Low BSV (‑$606.2 M)
Category High BNDX ($4,360.5 M)
26 Week Fund Flow
Rank: 56 of 84
$2.5 M
Category Low BSV (‑$726.6 M)
Category High BNDX ($6,495.3 M)
Year to Date Fund Flow
Rank: 33 of 85
$57.4 M
Category Low BSV (‑$6,523.8 M)
Category High BNDX ($9,938.5 M)
1 Year Fund Flow
Rank: 38 of 85
$41.5 M
Category Low BSV (‑$4,082.5 M)
Category High BNDX ($10,596.5 M)
3 Year Fund Flow
Rank: 35 of 87
$126.4 M
Category Low GVI (‑$199.9 M)
Category High AGG ($22,586.9 M)
5 Year Fund Flow
Rank: 31 of 87
$195.9 M
Category Low MINC (‑$104.7 M)
Category High AGG ($43,212.1 M)

Brought to You by ETF Flows


The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of PCEF relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

PCEF Valuation

This section shows how the P/E multiple of this ETF compares to the peer group Category.

P/E Ratio
Rank: 4 of 5
Category Low MCEF (7.96)
Category High IUSB (59.99)

PCEF Dividend

This section shows how the dividend yield of this ETF compares to the peer group Category.

Dividend Date
Annual Dividend Rate
Annual Dividend Yield
Rank: 1 of 91
Category Low EVLMC (0.02%)
Category High PCEF (7.18%)

PCEF Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group Category.

5 Day Volatility
Rank: 1 of 91
Category Low USI (0.14%)
Category High PCEF (30.52%)
20 Day Volatility
Rank: 61 of 92
Category Low OPER (0.05%)
Category High BLV (9.47%)
50 Day Volatility
Rank: 36 of 90
Category Low OPER (0.10%)
Category High BLV (11.20%)
200 Day Volatility
Rank: 8 of 90
Category Low OPER (0.09%)
Category High BLV (10.78%)
Rank: 1 of 90
Category Low GLBY (-0.41)
Category High PCEF (0.57)
Standard Deviation
Rank: 32 of 76
Category Low AFIF (0.07%)
Category High BLV (7.04%)


  • 20 Day MA: $22.62
  • 60 Day MA: $22.40
  • MACD 15 Period: 0.16
  • MACD 100 Period: 0.54
  • Williams % Range 10 Day: n/a
  • Williams % Range 20 Day: n/a
  • RSI 10 Day: 78
  • RSI 20 Day: 70
  • RSI 30 Day: 66
  • Ultimate Oscillator: 66

Bollinger Brands

  • Lower Bollinger (10 Day): $22.58
  • Upper Bollinger (10 Day): $22.86
  • Lower Bollinger (20 Day): $22.36
  • Upper Bollinger (20 Day): $22.87
  • Lower Bollinger (30 Day): $22.17
  • Upper Bollinger (30 Day): $22.87

Support & Resistance

  • Support Level 1: $22.79
  • Support Level 2: $22.75
  • Resistance Level 1: $22.86
  • Resistance Level 2: $22.89


  • Stochastic Oscillator %D (1 Day): 76.07
  • Stochastic Oscillator %D (5 Day): 81.08
  • Stochastic Oscillator %K (1 Day): 64.36
  • Stochastic Oscillator %K (5 Day): 77.11

Fact Sheet

Fact sheets are issued by the ETF provider and framed by Information contained within the fact sheet is not guaranteed to be timely or accurate.

Source: LSEG Information Services (US), Inc. (“LSEG”) © LSEG 2016. All rights in the XTF data, ratings and / or underlying data contained in this communication (“the XTF information”) vest in LSEG and/or its licensors. Neither LSEG nor its licensors accept any liability arising out of the use of, reliance on or any errors or omissions in the XTF information. No further distribution of the XTF information is permitted without LSEG’s express written consent. LSEG does not promote, sponsor or endorse the content of this communication.

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