iShares Preferred and Income Securities ETF offers exposure to U.S. preferred stocks, which have characteristics of bonds and stocks. It seeks to track the investment results of the ICE Exchange-Listed Preferred & Hybrid Securities Index, which measures the performance of a select group of exchange-listed, U.S. dollar-denominated preferred securities, hybrid securities and convertible preferred securities listed on the NYSE or NASDAQ. PFF is reasonably diversified by both sectors and in terms of total number of holdings. The Fund targets preferred securities irrespective of credit rating, providing a broad and diversified portfolio.
ISHARES PREFERRED AND INCOME SECURITIES ETF TOP HOLDINGS
AVGO BROADCOM INC 2.57%
WFC WELLS FARGO & COMPANY SERIES L 1.70%
BAC BANK OF AMERICA CORP 1.37%
ALLY GMAC CAPITAL TRUST I 1.21%
NEE NEXTERA ENERGY INC 1.14%
DHR DANAHER CORPORATION 1.14%
MTNA ARCELORMITTAL 1.11%
DHR DANAHER CORPORATION 0.99%
NEE NEXTERA ENERGY INC 0.92%
As of 04/13/2021
PFF EXPOSURE BREAKDOWN - Credit Quality
AAA Rated 0.14
A Rated 0.85
BBB Rated 48.27
BB Rated 23.50
B Rated 2.54
C Rated 0.01
Not Rated 24.36
Cash and/or Derivatives 0.33
As of 04/13/2021