PIMCO Preferred and Capital Securities Active ETF logo

PIMCO Preferred and Capital Securities Active ETF (PRFD)

Market Closed
17 Jul, 20:00
ARCA ARCA
$
51. 00
+0.03
+0.0589%
$
222.14M Market Cap
- Div Yield
5,200 Volume
$ 50.97
Previous Close
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Day Range
50.99 51.01
Year Range
50.32 52.6
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PRFD: Active Preferred Shares ETF From PIMCO

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.

Seekingalpha | 1 year ago