PIMCO Preferred and Capital Securities Active ETF (PRFD)
ARCA ARCA Primary Summary
PRFD Chart
PRFD: Active Preferred Shares ETF From PIMCO
PIMCO Preferred And Capital Securities Active ETF focuses on preferred securities, actively managing duration and liquidity to maximize risk-adjusted returns. The fund is heavily weighted towards financials, with 70% in Tier 1 and Tier 2 securities, offering balanced investment grade and non-investment grade bonds. PRFD outperformed PFF in 2024 due to active duration management, but current yields are low at 5.65%, making it unattractive for new entries.
PIMCO Preferred and Capital Securities Active ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 260 | $13,174.2 | $13,236.6 | $62.4 | 0.47% |
| BMH Brandi M. Hoffmann Allianz Investment Management U.S. LLC | 360,000 | $18.1M | $18.35M | $246,600 | 1.36% |
| VIA Vickerman Investment Advisors Inc. Vickerman Investment Advisors Inc. | 4,371 | $221,478.57 | $222,921 | $1,442.43 | 0.65% |
 MICHAEL DE LUZ Williams & Novak, LLC | 6,760 | $347,104 | $344,523.4 | -$2,580.6 | -0.74% |
 KURT TRAULSEN EVOLUTION WEALTH MANAGEMENT INC. | 481 | $24,885.19 | $24,506.95 | -$378.24 | -1.52% |
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PIMCO Preferred and Capital Securities Active ETF Profile
| ARCA Exchange | US Country |
Overview
The fund is focused on achieving its investment objective by dedicating at least 80% of its assets towards a diversified portfolio that includes preferred securities and capital securities. These financial instruments are primarily sourced from both U.S. and non-U.S. financial institutions, encompassing a range of establishments from banks to insurance companies. The unique aspect of these capital securities is their ability to meet the regulatory capital requirements set for these institutions, marking them as critical components for financial stability and compliance.
Products and Services
- Preferred Securities:
Preferred securities represent a significant component of the fund's investment portfolio. These securities offer investors a potentially higher yield compared to common stocks and a precedence in the payment hierarchy over common stocks in the event of a liquidation. They blend characteristics of both stocks and bonds, providing an attractive investment option for those looking to diversify their portfolio.
- Capital Securities:
Capital securities form the other core component of the fund’s investment strategy. Issued by U.S. and non-U.S. financial institutions, these securities play a pivotal role in helping these entities satisfy their regulatory capital requirements. Capital securities can offer investors the potential for higher returns, albeit with a higher risk, making them suitable for those with a more aggressive investment strategy.
