PFFA: Not All Preferred ETFs Are Built Alike

  • One underappreciated benefit of preferreds is how well they can fit inside an exchange-traded fund. PFFA prioritizes yield and total return, using an actively managed strategy tailored to the complexities of the preferred space. Over numerous time horizons, PFFA has consistently outpaced the S&P U.S. Preferred Stock Index and its Morningstar peer category average.