NPFI
Nuveen Preferred and Income ETF
📎 Investment Objective
The Nuveen Preferred and Income ETF (NPFI) seeks to provide current income by investing primarily in preferred securities and other income-producing securities.
Overview
ETF tracking Nuveen Preferred and Income ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Nuveen Preferred and Income ETF (NPFI) seeks to provide current income by investing primarily in preferred securities and other income-producing securities.
🎯 Investment Strategy
The fund invests at least 80% of its assets in preferred and other income-producing securities, with a focus on investment-grade preferred securities. The portfolio is actively managed, seeking to generate attractive income while managing risk.
✨ Key Features
- Focuses on preferred securities, which can provide higher income potential than traditional fixed income
- Actively managed approach aims to optimize the portfolio for current income and risk management
- Diversified exposure to the preferred securities market
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Interest rate risk as preferred securities are sensitive to changes in interest rates
- Credit risk if the issuers of the preferred securities experience financial difficulties
- Liquidity risk as the preferred securities market can be less liquid than other fixed income sectors
- Concentration risk as the fund is focused on the preferred securities asset class
👤 Best For
The Nuveen Preferred and Income ETF may be suitable for investors seeking current income and diversification within their fixed income allocation. It is best suited for investors with a moderate risk tolerance who can withstand the volatility associated with the preferred securities market.