Global X Variable Rate Preferred ETF

PFFV

Market cap $317M

Overview Fund Activity

23.35 USD

+0.06

0.26%

At close Updated Sep 18, 3:26 PM EDT

1 day

0.26%

5 days

0.43%

1 month

0.65%

3 months

2.19%

6 months

-2.1%

Year to date

-2.01%

1 year

-2.99%

5 years

-10.84%

10 years

-5.96%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

42% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 19

36% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 11

9% more capital invested

Capital invested by funds: $115M [Q1] → $126M (+$10.6M) [Q2]

6% more funds holding

Funds holding: 66 [Q1] → 70 (+4) [Q2]

3.91% more ownership

Funds ownership: 37.47% [Q1] → 41.38% (+3.91%) [Q2]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]

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Financial journalist opinion

PFFV's Portfolio Breakdown

Global X Variable Rate Preferred ETF invests in variable-rate preferred stocks, primarily in the financial sector, offering exposure to fixed-to-floating, resettable, and floor rate instruments. The ETF has a low expense ratio of 0.25% and has delivered stable 3-year returns of around 4.35%, with average credit quality between BBB- and BB+. Fixed-to-floating stocks below par offer the highest yields, while resettable and floor rate holdings provide diversified income streams and credit profiles.

PFFV's Portfolio Breakdown

Global X Variable Rate Preferred ETF's Portfolio Breakdown

The fund invests primarily in variable-rate preferred stocks, including fixed-to-floating, resettable, and floor-rate instruments, with a strong emphasis on the financial sector. With a low expense ratio of 0.25% and a three-year NAV return of 4.26%, PFFV provides cost-efficient exposure to variable-rate preferreds. The fund is composed of 45% fixed-to-floating, 20% floor-rate, and 35% resettable preferred stocks, split between issues trading above and below par.

Global X Variable Rate Preferred ETF's Portfolio Breakdown

Debunking Preferred Stock ETF Holdings Part 7: PFFV's Portfolio Breakdown

Global X Variable Rate Preferred ETF offers a diversified portfolio of U.S. variable rate preferred stocks, primarily in the financial sector, with a 7.33% current yield. PFFV's holdings include fixed-to-floating, resettable, and floor rate stocks, with an average credit rating of Baa3, providing stable income and potential for appreciation. Investing in PFFV means exposure to a mix of fixed-to-floating, floor rate, and resettable stocks, offering varied yields and credit ratings for diversified risk management.

Debunking Preferred Stock ETF Holdings Part 7: PFFV's Portfolio Breakdown

Zacks Investment Research

Wall Street Bloodbath: Use It to Buy These ETFs

Wall Street experienced a bloodbath on March 10, 2025 as the selling pressures that weighed on U.S. stocks last week continued. The Nasdaq slumped 4% on the day, marking its biggest one-day loss since September 2022.

Wall Street Bloodbath: Use It to Buy These ETFs

PFFV: Preferred Shares Index ETF, Above-Average Yield And Performance Track-Record

PFFF is a preferred shares index ETF with a compelling risk-return profile. PFFF's current 7.2% dividend yield and performance track-record are both better than average. Credit risk is only moderate, with the fund almost evenly divided between BBB and BB preferreds.

PFFV: Preferred Shares Index ETF, Above-Average Yield And Performance Track-Record

PFFV: Asset Class Has A Long History Of Decay

Global X Variable Rate Preferred ETF has a 7.23% SEC yield and holds about 50 US-listed preferred stocks with variable rates. PFFV is concentrated in the top issuers, especially in financial companies. The Fund price return is concerning, yet the 2-year distribution growth looks good.

PFFV: Asset Class Has A Long History Of Decay

PFFV: Double Trouble, Preferred Shares And Floating Rates - Sell

PFFV: Double Trouble, Preferred Shares And Floating Rates - Sell

PFFV: Double Trouble, Preferred Shares And Floating Rates - Sell

Preferreds Weekly Review: Bond Interest Deferral Worries Investors

We take a look at the action in preferreds and baby bonds through the second week of April and highlight some of the key themes we are watching.

Preferreds Weekly Review: Keep An Eye On The Spread Of Floating-Rate Preferreds

We take a look at the action in preferreds and baby bonds through the fourth week of March and highlight some of the key themes we are watching. Preferreds had a good week as Treasury yields fell on the back of the Fed's more dovish than expected stance. We take a look at how stocks with different spreads over SOFR could react to Fed's cuts.

Preferreds Weekly Review: Mandatory Convertibles Offer High-Beta Preferred Exposure

We take a look at the action in preferreds and baby bonds through the third week of March and highlight some of the key themes we are watching. Preferreds were down for the week due to rising Treasury yields, but most preferred CEF sectors remain positive for the month. Albemarle issued a new preferred stock with a mandatory convertible feature, offering upside participation with less downside than the common and a higher coupon.

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