PFLD
·NYSE
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Key Stats
Assets Under Management
466.37MUSD
Fund Flows (1Y)
40.45MUSD
Dividend Yield
6.76%
Discount/Premium to NAV
-0.14%
Shares Outstanding
23.75M
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 | +0.26% | -0.66% | -4.80% | -5.89% | -6.57% | -21.32% |
NAV Total Return | +0.20% | +0.77% | +0.88% | +0.40% | +13.65% | +6.77% |
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
No data is currently available
Dividends
No data is currently available
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
