We are live on ! Find out more

InfraCap REIT Preferred ETF

PFFR

Market cap $115M

16.60 USD

-0.22

1.31%

At close Updated Oct 7, 4:00 PM EDT

1 day

-1.31%

5 days

-0.66%

1 month

-4.05%

3 months

-6.43%

6 months

-3.82%

Year to date

-8.64%

1 year

-11.75%

5 years

-31.77%

10 years

-34.15%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 25%

Neutral 50%

Negative 25%

The Rate Shock That Didn't Break REITs

REITs are refusing to break despite another rate shock: the 10-Year Treasury reached 5%, yet REITs remain higher by roughly 7% in 2026 as the once-dominant rate correlation weakens further. Solid fundamentals are increasingly doing the heavy lifting, with healthy property-level cash flows, improving earnings visibility, strong dividend coverage, and better balance sheets helping REITs absorb the rate shock. Cooling supply increasingly reinforces fundamentals: excluding Data Centers, REIT development pipelines are roughly 40% below their 2022 peak and 2019 levels; Data Centers remain the exception at seven times 2019 levels.

The Rate Shock That Didn't Break REITs

Infrastructure Capital Advisors Expands it Offering With SMArtX Advisory Solutions

NEW YORK, Sept. 14, 2026 /PRNewswire/ -- Infrastructure Capital Advisors, LLC (Infrastructure Capital), a leading provider of investment management solutions designed to meet the needs of income-focused investors, is excited to offer its strategies to SMArtX Advisory Solutions.

Infrastructure Capital Advisors Expands it Offering With SMArtX Advisory Solutions

PFFR: Like All Duration Bets, Standing In The Way Of Inflation

The InfraCap REIT Preferred ETF faces interest rate and associated duration risk, making it unattractive in the current environment. PFFR's exposure to both property and mortgage REIT preferreds, often fixed-rate and callable, affirms the duration risk and introduces negative convexity considerations. There are also asset value considerations for the equity dimension of preferred securities in the way of short- and long-term rate upside risks.

PFFR: Like All Duration Bets, Standing In The Way Of Inflation

Rates Retake The Spotlight

U.S. equity markets pulled back from record highs this week as long-term Treasury yields remained elevated, with renewed fiscal concerns after federal debt crossed $40T. Oil prices extended their rebound as stalled Iran negotiations and severely depressed Strait of Hormuz tanker traffic kept geopolitical risk elevated, pushing WTI crude another 5% higher to nearly $87/barrel. Housing data remained soft as starts, pending sales, and builder sentiment stayed depressed amid mortgage rates near 6.7%, but weak construction continued to reinforce the underlying housing shortage.

Rates Retake The Spotlight

Winners Of REIT Earnings Season

REITs concluded a surprisingly strong earnings season, with 83 REITs - or 83% - raising full-year FFO guidance, just 4% lowering, and the average outlook increasing 1.4% from prior guidance. Strong Fundamentals, Weak Tape: REITs slipped modestly during earnings season despite widespread guidance raises, as renewed interest-rate pressure outweighed improving property-level trends and earnings momentum. Upside standouts included Hotel, Industrial, Data Center, Billboard, Office, Senior Housing/Skilled Nursing, and Single-Family Rental REITs, while Self-Storage finally showed a convincing pricing inflection.

Winners Of REIT Earnings Season

The REIT Recovery Broadens Beyond Rates

As REIT earnings season kicks into gear this week, we preview results and major sector trends based on recent operating indicators, company commentary, and real estate market data. REITs enter earnings season with solid momentum, outperforming the market despite elevated Treasury yields and geopolitical volatility, as investors refocus on earnings growth, property fundamentals, dividends, M&A, and capital allocation. Encouraging green shoots have become more plentiful, including resilient hotel demand, robust senior housing growth, improving apartment and industrial fundamentals, and a rebound in retail leasing following a softer Q1.

The REIT Recovery Broadens Beyond Rates

3 Preferred-Stock Income Traps Retirees Cannot Afford To Ignore

Preferred shares can offer enticing high-single-digit yields, but they can create a misleading sense of safety. I detail some of the biggest potential traps that retirees often fall into. I also share some of my top preferred picks of the moment.

3 Preferred-Stock Income Traps Retirees Cannot Afford To Ignore

Sleep Better In A Shaky Market: Two 8% Yielders

Current market conditions—tight spreads, rich valuations, and geopolitical risks—do not favor aggressive equity or high-risk allocations. Remaining fully invested carries opportunity cost, but defensive repositioning toward high-quality fixed income is increasingly prudent. A balanced approach targeting 8%+ yielding picks can offer reasonable returns and dividend income while mitigating permanent capital loss risk.

Sleep Better In A Shaky Market: Two 8% Yielders

REITs: Cheap, Unloved, And Finally Showing Life

REITs have refused to break in 2026 despite oil-driven inflation pressure, rising Treasury yields, and a Fed narrative that flipped from multiple rate cuts to potential hikes. The “Rates Up, REITs Down” regime has weakened, with REIT-rate correlations falling sharply as fundamentals, strategy, capital allocation, and valuation catalysts increasingly drive performance. M&A has helped break the rate-driven narrative, validating public-market discounts to NAV and proving that REITs can unlock value through consolidation, privatizations, and strategic alternatives.

REITs: Cheap, Unloved, And Finally Showing Life

Inflation Reignites, Yields Spike

Surging oil prices and hotter inflation reports reignited rate-hike concerns, sending Treasury yields to one-year highs as the Iran conflict remained stalemated despite the highly anticipated Trump-Xi summit.

Inflation Reignites, Yields Spike

See News Rankings

Price charts implemented using Lightweight Charts™