PFLD
AAM Low Duration Preferred and Income Securities ETF·ARCA
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Key Stats
Assets Under Management
441.59MUSD
Fund Flows (1Y)
-25.36MUSD
Dividend Yield
6.29%
Discount/Premium to NAV
-0.17%
Shares Outstanding
22.40M
Expense Ratio
0.45%
About AAM Low Duration Preferred and Income Securities ETF
Issuer
Advisors Asset Management, Inc.
Brand
AAM
Inception Date
Nov 19, 2019
Structure
Open-Ended Fund
Index Tracked
ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Advisors Asset Management, Inc.
Distributor
Quasar Distributors LLC
PFLD is the first to offer a passively managed fund that follows an index of USD denominated preferred and hybrid securities primarily listed on NYSE or NASDAQ with an option-adjusted duration of less than 5 years. The index is composed of securities of different categories such as floating, fixed rate, convertible preferreds, preferred REITs or hybrid REITs, and ADRs. Eligible securities must meet a minimum $100 million face amount outstanding, liquidity, trading volume, priced no more than 105% of its face value and at least 18 months to final maturity. The Index may include securities of any credit quality and is market-value weighted with 4.75% maximum allocation per issuer. The Index is rebalanced monthly.
Classification
Asset Class
Fixed Income
Category
Corporate, Preferred
Focus
Broad Credit
Niche
Short-Term
Strategy
Multi-factor
Geography
U.S.
Weighting Scheme
Market Value
Selection Criteria
Multi-factor
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +0.31% | +0.41% | +0.46% | -4.69% | -10.48% | -20.60% |
NAV Total Return | +0.61% | +1.60% | +0.72% | +1.73% | +9.92% | +6.93% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Utilities
100.00%
Utilities
100.00%
Asset
No data is currently available
Region
100%
Category
Ratio
North America
100.00%
Investment Style
Mega
Large
Medium
Multi
Small
Value
Blend
Growth
Multi-Cap Blend
Provides exposure to companies of various sizes that exhibit both growth and value characteristics. This category offers a diversified portfolio with a mix of market caps.
Top 10 Holdings
Symbol
Ratio
Wells Fargo & Co 3.9% 03/15/2174
1.76%
JPMorgan Chase & Co 6.5% 04/01/2174
1.28%
Cash & Other
1.28%
BP Capital Markets PLC 4.875% 12/22/2174
1.25%
CVS Health Corp 7% 03/10/2055
1.18%
Wells Fargo & Co 6.85% 09/15/2174
1.05%
Charles Schwab Corp/The 4% 03/01/2174
1.05%
Charles Schwab Corp/The 4% 06/01/2174
1.02%
Goldman Sachs Group Inc/The 6.85% 08/10/2174
0.98%
Bank of America Corp 6.625% 08/01/2174
0.86%
Top 10 Weight 11.71%
309 Total Holdings
Is SPY better than PFLD?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2026-01-30 | 2026-01-30 | 2026-02-03 | 0.085 |
| 2025-12-31 | 2025-12-31 | 2026-01-05 | 0.106 |
| 2025-11-26 | 2025-11-26 | 2025-12-01 | 0.085 |
| 2025-10-30 | 2025-10-30 | 2025-11-03 | 0.085 |
| 2025-09-29 | 2025-09-29 | 2025-10-01 | 0.090 |
| 2025-08-28 | 2025-08-28 | 2025-09-02 | 0.090 |
| 2025-07-30 | 2025-07-30 | 2025-08-01 | 0.100 |
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How Much Does PFLD Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy PFLD?
Fund Flows
