PFF

Fund Description
The iShares Preferred and Income Securities ETF seeks to track the investment results of an index composed of U.S. dollar-denominated preferred and hybrid securities. The Fund seeks to track the investment results of the ICE Exchange-Listed Preferred & Hybrid Securities Index (the Underlying Index ), which measures the performance of a select group of exchange-listed, U.S. dollar-denominated preferred securities, hybrid securities and convertible preferred securities listed on the New York Stock Exchange ( NYSE ) or NASDAQ Capital Market ( NASDAQ ). The Underlying Index includes issuances of preferred stocks with amounts outstanding over $100 million, convertible preferred stock with at least $50 million face amount outstanding, and hybrid securities with at least $250 million face amount outstanding, that meet minimum price, liquidity, trading volume, maturity and other requirements, as applicable, as determined by ICE Data Indices (the Index Provider or ICE Data ).
Fund Profile
Fund Name iShares US Preferred Stock ETF
Fund Exchange Ticker PFF
Fund Sponsor Blackrock (iShares)
Fund ISIN US4642886877
Net Expense Ratio 0.46 %
Fund Inception Date 26 March 2007
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Passive
Index Name ICE Exchange-Listed Preferred & Hybrid Securities Index
Index Provider ICE Indices
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Key Statistics
Return As of Date 8 December 2022
Asset Under Management 13725.67 Million (USD)
1 Month Total Return 4.19 %
Year To Date Return -18.80 %
1 Year Total Return -17.04 %
3 Year Annualized Total Return -1.89 %
NAV 31.6369
Share Outstanding 433,850,000
Top 10 Holdings (7 December 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
PENN REAL ESTATE INVEST PEI 6.875 PERP D PREF 8.885874934604509e-05
EXELA TECHNOLOGIES INC XELA 6 PERP B PREF 5.296381763346544e-05
ALTERA INFRASTRUCTURE LP ALINFR 8.5 PERP B PREF 2.324235813700823e-05
ALTERA INFRASTRUCTURE LP ALINFR 7.25 PERP A PREF 2.1975751564947042e-05
ALTERA INFRASTRUCTURE LP PREF 2.0294263538805154e-05
WELLS FARGO & COMPANY WFC 7.5 PERP L PREF 0.019184395672298415
CITIGROUP CAPITAL XIII C V0 10/30/40 PREF 0.014392800669410353
NEXTERA ENERGY INC NEE 5.279 03/01/23 PREF 0.014379972423686048
BANK OF AMERICA CORP BAC 7.25 PERP L PREF 0.013363449477210654
DANAHER CORP DHR 5 04/15/23 B PREF 0.013188698340796954