This ETF offers investors exposure to preferred stock, an interesting segment of the capital markets that most investors do not have a lot of exposure to. Preferred stock holders have a ‘preferred’ position on assets compared to other common shareholders should there be a liquidity event in the company. However, these shareholders generally do not have voting rights in exchange for this premium position. Preferred stock also generally pay out solid dividend yields but then also do not participate as much in equity appreciation as their common share counterparts. Due to this preferred stock could be appropriate for those seeking to boost yields in a portfolio or for those looking for less risky forms of equity exposure that are relatively absent from broad portfolios of stocks. PGF isn’t very diversified even by the lower standards of this Category. The fund holds just 30 securities in total and all of them are in the financial sector suggesting this is a concentrated bet on the banking industry. As a result, investors should consider this holding a part of the financials allocation of a portfolio and only used in small amounts to boost yields. If used properly, PGF could be a powerful tool for investors, just be careful and make sure to not overinvest in the sector.
| Segment | Fixed Income: U.S. - Corporate, Preferred |
| Category | Corporate, Preferred |
| Focus | Broad Credit |
| Niche | Broad Maturities |
| Strategy | Vanilla |
| Weighting Scheme | Market Value |
This section compares how balanced and deep this ETF is relative to its peers.
| PGF | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 99 | 164 | 166 |
| % of Assets in Top 10 | 21.24% | 22.51% | 20.32% |
| % of Assets in Top 15 | 29.14% | 30.01% | 27.43% |
| % of Assets in Top 50 | 70.50% | 64.92% | 62.99% |
| PGF | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | N/A | N/A | N/A |
| Mid (>2.7B) | N/A | N/A | N/A |
| Small (>600M) | N/A | N/A | N/A |
| Micro (<600M) | N/A | N/A | N/A |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| PGF | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.10 | $ 0.11 | $ 0.11 |
| Dividend Date | 2023-11-20 | N/A | N/A |
| Annual Dividend Rate | $ 0.87 | $ 1.16 | $ 1.27 |
| Annual Dividend Yield | 6.07% | 5.40% | 6.54% |
View charts featuring PGF price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -7.94 M 1 Month Net Flows: -23.33 M 3 Month Net Flows: -82.36 M 6 Month Net Flows: -115.34 M 1 Year Net Flows: -195.45 M 3 Year Net Flows: -464.23 M 5 Year Net Flows: -464.23 M 10 Year Net Flows: -464.23 MView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -6.16 MThe adjacent table gives investors an individual Realtime Rating for PGF 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 ETF Database Pro members, shows the ETF in the Preferred Stock/Convertible Bonds 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 ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| PGF |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 3.75% | 4.18% | 4.03% |
| 3 Month Return | 3.74% | 2.83% | 3.02% |
| YTD Return | 5.92% | 7.17% | 6.46% |
| 1 Year Return | 1.23% | 4.56% | 2.87% |
| 3 Year Return | -3.88% | -1.17% | -2.11% |
| 5 Year Return | 1.57% | 2.78% | 1.95% |
The following charts reflect the geographic spread of PGF's underlying holdings.
The following charts reflect the allocation of PGF's underlying holdings.
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 138.16% |
| 20 Day Volatility | 11.00% |
| 50 Day Volatility | 13.80% |
| 200 Day Volatility | 11.15% |
| Beta | 0.41 |
| Standard Deviation | 0.50% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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