PFLD
AAM Low Duration Preferred and Income Securities ETF
📎 Investment Objective
The AAM Low Duration Preferred and Income Securities ETF (PFLD) seeks to provide current income by investing primarily in a portfolio of preferred securities and other income-producing securities.
Overview
ETF tracking AAM Low Duration Preferred and Income Securities ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The AAM Low Duration Preferred and Income Securities ETF (PFLD) seeks to provide current income by investing primarily in a portfolio of preferred securities and other income-producing securities.
🎯 Investment Strategy
The fund invests at least 80% of its net assets in preferred securities and other income-producing securities, with a focus on lower duration, investment-grade preferred securities. The portfolio is actively managed to maintain a low duration profile compared to the broader preferred securities market.
✨ Key Features
- Focuses on lower duration, investment-grade preferred securities to generate current income
- Actively managed portfolio to maintain a low duration profile
- Diversified exposure to the preferred securities market
- Potential for lower volatility compared to longer-duration preferred funds
⚠️ Primary Risks
- Interest rate risk: The fund's value may decline if interest rates rise
- Credit risk: The fund is exposed to the credit risk of the issuers of the preferred securities
- Liquidity risk: Preferred securities may have lower liquidity compared to other fixed-income assets
- Concentration risk: The fund's focus on preferred securities may result in higher volatility than a more diversified fund
👤 Best For
This ETF may be suitable for investors seeking current income and lower duration exposure to the preferred securities market. It may be appropriate for investors with a moderate risk tolerance who are looking to diversify their fixed-income holdings.