Key stats
About iShares Preferred and Income Securities ETF
Home page
Inception date
Mar 26, 2007
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
PFF targets preferred securities irrespective of credit rating, providing a broad and diversified portfolio. The funds holdings reflect the nature of the market in that financial institutions dominate the holdings. The underlying index and portfolio are rebalanced monthly. PFF particularly stands out for strong block liquidity, making it the fund of choice for large traders. For investors, it is important to consider how much of the distribution can be classified as qualified dividend income. Prior to February 1, 2019, the fund tracked a similar index from S&P.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Stocks0.07%
Technology Services0.07%
Bonds, Cash & Other99.93%
Corporate95.68%
UNIT3.28%
Cash0.97%
Stock breakdown by region
North America99.55%
Europe0.38%
Asia0.07%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history