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DURAX

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1d
1w
1m

Analysis and statistics

  • Open
    13.8427$
  • Previous Close
    13.8427$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

DURAX.US represents the Invesco Preferred ETF, an exchange-traded fund that seeks to track the investment results of the ICE BofA Hybrid Preferred Securities Index. This index is composed of U.S. dollar-denominated preferred securities and hybrid debt securities publicly issued in the U.S. domestic market. The fund generally invests at least 80% of its total assets in preferred securities included in the underlying index. DURAX aims to provide exposure to a broad range of preferred securities, potentially offering income and diversification benefits to investors.
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Factors

Market Interest Rates: Higher rates often decrease fund prices as bond yields become more attractive.

Credit Risk: Deterioration in the creditworthiness of underlying bond issuers lowers fund value.

Economic Conditions: Overall economic health impacts bond valuations within the fund.

Inflation: Rising inflation can erode bond values, reducing fund prices.

Supply and Demand: Investor demand for the fund relative to its supply affects its price.

Fund Management: The skill and strategy of the fund's managers influence performance and price.

Liquidity: The ease of buying and selling fund shares impacts pricing; lower liquidity can mean wider spreads.

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