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PFD

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1d
1w
1m

Analysis and statistics

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About

PFD.US represents the Global X U.S. Preferred ETF. It is an exchange-traded fund (ETF) that aims to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE BofA Fixed Rate Preferred Securities Index. This index tracks the performance of fixed-rate U.S. dollar-denominated preferred securities.
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Factors

Interest Rate Changes: Rising rates often decrease preferred stock prices as newer offerings may have higher yields, making existing ones less attractive.

Credit Risk: Deteriorating financial health of the issuer can lower PFD.US prices due to increased risk of dividend suspension or non-payment.

Market Conditions: Broad market downturns or sector-specific weakness can negatively impact preferred stock prices.

Call Provisions: The possibility of the issuer calling the preferred stock at a specific price can limit price appreciation.

Liquidity: Lower trading volume can lead to wider bid-ask spreads and impact the ease of buying or selling PFD.US at desired prices.

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