AAAM Low Duration Preferred & Income Securities ETF
Preferred ETF
PFLD is an exchange-traded fund managed by Advisors Asset Management (AAM) that tracks the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index, giving it a deliberately short interest-rate duration profile. The fund tracks a market-value weighted U.S. index of short-term preferred and hybrid securities that are multifactor-selected. Launched in 2019, PFLD seeks to generate attractive monthly income, increase portfolio diversification, and reduce the impact of interest rate changes. As of early 2025, the fund had surpassed $500 million in assets under management, and its top holdings include preferred shares issued by major financial institutions such as Goldman Sachs, JPMorgan Chase, and U.S. Bancorp.
1 Exchange-Traded Securities
| Symbol | Type | Coupon | Price | Yield | Call Date | |
|---|---|---|---|---|---|---|
| PFLD | etf | — | 19.40 | 5.57% | — |