Summary
PFFA Chart
PFFA: Short-Term Pain, Long-Term Recession Protection
Virtus InfraCap US Preferred Stock ETF remains a buy, especially as a defensive play ahead of a potential recession. PFFA offers a 10% yield, leveraging preferred stock's seniority and diversification, though recent performance has lagged due to rising rates. The ETF is heavily weighted toward financials but maintains broad sector diversification, limiting single-issuer risk.
PFFA: The Yield Is Attractive But The Risk-Reward Is Not
Virtus InfraCap US Preferred Stock ETF offers a 10% yield, targeting income-focused investors seeking diversification in preferred securities. PFFA's distributions are supported by both net investment income and net realized gains, but reliance on gains introduces NAV and sustainability risks. The fund is heavily concentrated in financials and real estate, making it sensitive to interest rate movements and sector-specific risks.
Active Preferred ETFs: Why PFFA's 2.11% Fee Beats Passive Rivals in 2026
Preferred stock ETFs sit in an awkward corner of the income market: too rate-sensitive to feel like true fixed income, too subordinated to trade like common equity.
Virtus InfraCap U.S. Preferred Stock ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 189,899 | $3.91M | $3.96M | $55,063.13 | 1.41% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 16,004 | $333,274.63 | $334,643.64 | $1,369.01 | 0.41% |
| WDW William Dudley Webb Jr. WORLD EQUITY GROUP Inc. | 79,787 | $1.73M | $1.64M | -$82,298.42 | -4.77% |
| NA Nizar Araji National Bank Of Canada /FI/ | 3,088 | $61,210.32 | $64,446.56 | $3,236.24 | 5.29% |
| LJB Laura J. Bornheimer GWN SECURITIES Inc. | 18,190 | $376,608.51 | $374,895.9 | -$1,712.61 | -0.45% |
Virtus InfraCap U.S. Preferred Stock ETF (PFFA) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Virtus InfraCap U.S. Preferred Stock ETF ever had a stock split?
Virtus InfraCap U.S. Preferred Stock ETF Profile
| ARCA Exchange | US Country |
Overview
The fund is designed for investors seeking exposure to the U.S. preferred stock market. It aims to achieve its investment objective by allocating not less than 80% of its net assets, along with any borrowings for investment purposes, towards U.S. preferred stocks and instruments with similar economic characteristics. To manage the fund's assets, the Sub-Adviser employs a combination of quantitative, qualitative, and relative valuation analysis. Given its concentration on preferred stocks, the fund operates as a non-diversified fund, meaning it may invest a larger portion of its assets in fewer issuers than a diversified fund.
Products and Services
- U.S. Preferred Stock Investments:
The primary focus of the fund is on investments in preferred stocks issued by U.S. companies. Preferred stocks are a type of equity investment that typically provides income through dividends. These stocks have preferential treatment over common stocks in the payment of dividends and upon liquidation but usually do not have the voting rights associated with common stocks.
- Derivatives and Similar Instruments:
In addition to direct investments in U.S. preferred stocks, the fund may engage in derivatives and other financial instruments that mimic the economic characteristics of preferred stocks. The use of derivatives can include futures, options, and swap agreements, which are employed to enhance returns, manage risk, or gain exposure to specific assets or markets without directly owning the underlying asset.
