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List of Preferred Stock ETFs

Updated May 24, 2019
Preferred Stock exchange-traded funds (ETF) are those ETFs which invest in a different class of company shares. To understand preferred stock ETFs, one should understand the preferred stocks.
Generally, there are stocks which are available for trading on stock exchanges which common public can buy and sell. These are called common stocks and are the most popular, and often the only kind of stock, a company issues. Additionally, a few companies may also issue another class of shares called the preferred stocks. Preferred stocks are a class of shares which represent a better ownership in a company. Owners of preferred stocks have a higher and priority claim on the assets and income of the company as compared to the owners of the common stocks. This means that in case the company goes bankrupt, the preferred stock owners will have a priority (or preferred) claim on whatever is left of the business, before the common stock owners can claim. After preferred stock owners are paid, then the remaining assets and earnings are allocated to the common stock owners. Like common stocks, the preferred stocks also make dividend payments. However, trading and availability of preferred stocks is limited. Additionally, holders of this kind of stock may not have any say, or may have a limited say, in regular operations of the company. For instance, they may not have any voting rights which are available to the common stock holders.

How Preferred Stock ETFs Work?

In the simplest forms, the preferred stock ETFs pool in money from ETF investors and invest it in the preferred stocks. A few variants are available for preferred stocks based on the type of securities. For instance, there are convertible bonds or simply preferred stocks. A company can also raise money by issuing bonds. A special category of bonds are the convertible bonds, which may have a condition attached to its issuance that allows the bonds to be converted to preferred stocks after a certain period of time when the stated condition is met.
There can be sector-focused or theme-focused preferred stock ETFs, like infrastructure or REIT preferred stock ETF. Explore the List of REIT ETFs. There are preferred stock ETFs which have a region-specific focus (like U.S.-based) or may have global exposure, and other category includes those which offer regular dividends. Other preferred stock ETFs may invest in varying securities, which include futures contracts, options and swap contracts.
The ones investing in convertible bonds may come with low expense ratio, while the ones which invest in multiple assets or purely in preferred stocks may have relatively higher expense ratio. One must also keep in mind that although the investment made by such ETFs are in the company stocks which also have common stocks, the money always goes in the preferred shares (and not the common ordinary shares which go by the same name). These preferred shares trade differently at a different price.

List of All Preferred Stock ETFs

Following is the list of all 18 exchange-traded funds that FKnol has in its database for ETFs which belong to the Preferred Stock category:
All Preferred Stock ETFs
TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
Asset
Class
ICVTiShares Convertible Bond ETFThe iShares Convertible Bond ETF tracks an index of USD-denominated convertible bonds weighted by market value. The index contains only cash-pay convertibles and excludes mandatory and preferred convertibles. ...Full Details0.2%219MonthlyBonds
CWBSPDR Barclays Capital Convertible Bond ETFThe SPDR Bloomberg Barclays Convertible Securities ETF tracks a market-cap weighted index of U.S. convertible securities, with an outstanding issue size greater than $500 million. ...Full Details0.4%169MonthlyBonds
FCVTFirst Trust SSI Strategic Convertible Securities ETFFirst Trust SSI Strategic Convertible Securities ETF is an actively managed fund of convertible securities from within and outside the US ...Full Details0.95%121MonthlyBonds
VRPInvesco Variable Rate Preferred ETFThe Invesco Variable Rate Preferred Portfolio tracks a market-cap-weighted index of variable- and floating-rate preferred stocks selected by a proprietary process. ...Full Details0.5%199MonthlyMulti-Asset
PREFPrincipal Spectrum Preferred Securities Active ETFThe Principal Spectrum Preferred Securities Active ETF is an actively managed fund with a primary focus on $1000 par preferred securities. ...Full Details0.55%31MonthlyMulti-Asset
FPEIFirst Trust Institutional Preferred Securities and Income ETFThe First Trust Institutional Preferred Securities and Income ETF is actively managed that seeks to provide current income and total return by investing in institutional preferred and income-producing debt securities. ...Full Details0.85%88MonthlyMulti-Asset
PFFDGlobal X US Preferred ETFPFFD tracks and index of US preferred stocks, selected and weighted by market value. ...Full Details0.23%229MonthlyPreferred Stock
PFXFVanEck Vectors Preferred Securities ex Financials ETFThe VanEck Vectors Preferred Securities ex Financials ETF tracks an index comprised of preferred securities and securities that the index provider deems to be functionally equivalent. Securities issued by financial firms are excluded. ...Full Details0.41%99MonthlyPreferred Stock
PFFRInfraCap REIT Preferred ETFThe InfraCap REIT Preferred ETF tracks a market-cap-weighted index of US-listed preferred securities issued by real estate investment trusts (REITs). ...Full Details0.45%87QuarterlyPreferred Stock
PSKSPDR Wells Fargo Preferred Stock ETFThe SPDR Wells Fargo Preferred Stock ETF tracks a market weighted index of non-convertible preferred stocks and securities that are functionally equivalent to preferred stocks. ...Full Details0.45%142QuarterlyPreferred Stock
PFFiShares US Preferred Stock ETFThe iShares U.S. Preferred Stock ETF tracks an index of preferred stock traded on the NYSE and NASDAQ. Stocks are selected by rules-based, proprietary methods and weighted by modified market cap. ...Full Details0.46%300MonthlyPreferred Stock
EPRFInnovator S&P High Quality Preferred ETFEPRF tracks an index composed of U.S.-listed, investment grade, fixed-rate preferred issues, with a modified equal weighting. ...Full Details0.47%88MonthlyPreferred Stock
PGXInvesco Preferred ETFThe Invesco Preferred Portfolio tracks an index of fixed rate US dollar-denominated preferred securities. ...Full Details0.51%258MonthlyPreferred Stock
IPFFiShares International Preferred Stock ETFThe iShares International Preferred Stock ETF tracks a market weighted index of non-US issued and traded preferred stocks. ...Full Details0.55%110MonthlyPreferred Stock
SPFFGlobal X SuperIncome Preferred ETFThe Global X SuperIncome Preferred ETF tracks a market-cap weighted index of 50 of the highest-yielding preferred securities that are traded in the US and Canada. Index members also must meet minimum liquidity and size criteria. ...Full Details0.58%41MonthlyPreferred Stock
PGFInvesco Financial Preferred ETFThe Invesco Financial Preferred Portfolio tracks a market cap weighted index of preferred securities in the US market issued by financial institutions. ...Full Details0.63%90MonthlyPreferred Stock
FPEFirst Trust Preferred Securities and Income ETFThe First Trust Preferred Securities and Income ETF is an actively managed fund that attempts to generate income by investing globally in preferred equities and income producing debt across the market cap spectrum. ...Full Details0.85%61MonthlyPreferred Stock
PFFAVirtus InfraCap US Preferred Stock ETFPFFA is an actively managed fund of US preferred stock. The fund leverages the portfolio to varying degrees, but generally in the range of 15-25% of fund assets. The fund seeks current income, with capital appreciation as a secondary goal. ...Full Details1.36%119AnnuallyPreferred Stock
All Preferred Stock ETFs

Where do Preferred Stock ETFs Invest?

A long list of companies and different financial instruments exist where the Preferred Stock exchange-traded funds may invest the money collected from the ETF investors. Below is a small sample of companies whose stocks may qualify for investment by Preferred Stock ETFs, though there can be many more businesses and financial instruments where these ETFs can park the capital for returns:
 ▶ Wells Fargo (WFC): Wells Fargo & Company, incorporated on January 24, 1929, is a bank holding company. The Company is a diversified financial services company. The Company has three operating segments: Community Banking, ...Full Details  Dividend History

 ▶ PNC Financial Services (PNC): The PNC Financial Services Group, Inc., incorporated on January 19, 1983, is a diversified financial services company. The Company has businesses engaged in retail banking, corporate and institutional banking, asset ...Full Details  Dividend History

 ▶ Citigroup Inc. (C): Citigroup Inc. (Citi), incorporated on March 8, 1988, is a financial services holding company. The Companys whose businesses provide consumers, corporations, governments and institutions with a range of financial products ...Full Details  Dividend History

 ▶ Ally Financial Inc. (ALLY): Ally Financial Inc. provides various financial products and services to consumers, businesses, automotive dealers, and corporate customers primarily in the United States and Canada. It operates throug...Full Details  Dividend History

 ▶ J P Morgan Chase and Co (JPM): JPMorgan Chase & Co. (JPMorgan Chase), incorporated on October 28, 1968, is a financial holding company. The Company is engaged in investment banking, financial services for consumers and small businesses, ...Full Details  Dividend History

 ▶ Bank of America Corp (BAC): Bank of America Corporation, incorporated on July 31, 1998, is a bank holding company (BHC) and a financial holding company. The Company is a financial institution, serving individual consumers, small- ...Full Details  Dividend History

Other ETF Categories
 ◐ List of Alternatives ETFs
 ◐ List of Zero Duration Bond ETFs
 ◐ List of All Term Duration Bond ETFs
 ◐ List of Intermediate Term Duration Bond ETFs
 ◐ List of Long Term Duration Bond ETFs
 ◐ List of Negative Duration Bond ETFs
 ◐ List of Short Term Duration Bond ETFs
 ◐ List of Ultra Short Term Duration Bond ETFs
 ◐ List of S&p 500 ETFs
 ◐ List of Leveraged Bond ETFs
 ◐ List of Leveraged Equities ETFs
 ◐ List of Inverse Equity ETFs
 ◐ List of Bond Duration ETFs
 ◐ List of Inverse S&p 500 ETFs
 ◐ List of Inverse Market Cap ETFs
 ◐ List of Hedge Fund ETFs
 ◐ List of Blockchain ETFs
 ◐ List of Airlines ETFs
 ◐ List of Agriculture ETFs
 ◐ List of Water ETFs
 ◐ List of Volatility ETFs
 ◐ List of Tips ETFs
 ◐ List of Socially Responsible ETFs
 ◐ List of Inverse Vix ETFs
 ◐ List of Reit ETFs
 ◐ List of Leveraged Reit ETFs
 ◐ List of S&p Index ETFs
 ◐ List of Natural Resources ETFs
 ◐ List of Nasdaq 100 ETFs
 ◐ List of Internet ETFs
 ◐ List of 1.25x Leveraged Equities ETFs
 ◐ List of 2x Leveraged Equities ETFs
 ◐ List of 3x Leveraged Equities ETFs
 ◐ List of Inverse Bond ETFs
 ◐ List of Russia ETFs
 ◐ List of India ETFs
 ◐ List of China ETFs
 ◐ List of Brazil ETFs
 ◐ List of Mexico ETFs
 ◐ List of Micro Cap ETFs
 ◐ List of Small Cap ETFs
 ◐ List of Mid Cap ETFs
 ◐ List of Renewable Energy ETFs
 ◐ List of 2x Leveraged Bond ETFs
 ◐ List of 3x Leveraged Bond ETFs
 ◐ List of No Underlying Index ETFs
 ◐ List of Mbs ETFs
 ◐ List of Silver ETFs
 ◐ List of Gold ETFs
 ◐ List of Platinum ETFs
 ◐ List of Precious Metals ETFs
 ◐ List of Palladium ETFs
 ◐ List of Telecom ETFs
 ◐ List of Silver Miners ETFs
 ◐ List of Transportation ETFs
 ◐ List of Large Cap ETFs
 ◐ List of Mega Cap ETFs
 ◐ List of Clean Energy ETFs
 ◐ List of Softs ETFs
 ◐ List of Quant ETFs
 ◐ List of Semiconductor ETFs
 ◐ List of Solar Energy ETFs
 ◐ List of Utilities ETFs
 ◐ List of Technology ETFs
 ◐ List of Preferred Stock ETFs
 ◐ List of Pharmaceutical ETFs
 ◐ List of Large Cap Blend ETFs
 ◐ List of Mid Cap Blend ETFs
 ◐ List of Mega Cap Blend ETFs
 ◐ List of Small Cap Blend ETFs
 ◐ List of Micro Cap Blend ETFs
 ◐ List of Multi Cap Blend ETFs
 ◐ List of Blend ETFs
 ◐ List of Growth ETFs
 ◐ List of Value ETFs
 ◐ List of Africa ETFs
 ◐ List of South Africa ETFs
 ◐ List of Broad Asia ETFs
 ◐ List of Developed Asia ETFs
 ◐ List of Emerging Asia ETFs
 ◐ List of Asia ETFs
 ◐ List of Iron ETFs
 ◐ List of Steel ETFs
 ◐ List of Dogs Of The Dow ETFs
 ◐ List of 5g ETFs
 ◐ List of Low Volatility ETFs
 ◐ List of Aluminum ETFs
 ◐ List of Biotech ETFs
 ◐ List of Nasdaq ETFs
 ◐ List of Software ETFs
 ◐ List of Biofuels ETFs
 ◐ List of Gaming ETFs
 ◐ List of Meat ETFs
 ◐ List of Bank ETFs
 ◐ List of Coffee ETFs

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