(PFF) iShares Preferred Income - Ratings and Ratios

The iShares Preferred and Income Securities ETF (PFF) is a U.S.-based exchange-traded fund (ETF) that primarily invests in preferred securities, offering exposure to this hybrid asset class. The fund is required to allocate at least 80% of its assets to the component securities of its underlying index, which is designed to track the performance of U.S. preferred stocks. Additionally, the ETF may deploy up to 20% of its assets in derivatives such as futures, options, and swap contracts, as well as cash and cash equivalents, to enhance returns or hedge risks. As of the latest data, the fund manages approximately $13.46 billion in assets under management (AUM), indicating its scale and liquidity in the preferred securities market.

Ticker Symbol: PFF
Exchange: NASDAQ
Type: ETF
ETF Category: Preferred Stock
Country Origin: USA

From a technical perspective, PFF has shown a recent price of $29.62, with short-term moving averages indicating a slight downtrend. The 20-day moving average (SMA20) stands at $29.87, while the 50-day moving average (SMA50) is at $30.65, and the 200-day moving average (SMA200) is at $31.16. The Average True Range (ATR) of 0.36 reflects relatively low volatility, suggesting stable price movements. The average 20-day trading volume is approximately 4.35 million shares, indicating moderate liquidity.

3-Month Forecast: Based on the current technical and fundamental data, PFF is expected to trade within a narrow range over the next three months. The funds price may face resistance near the $30.65 level (SMA50) and support around the $29.50 mark. The low ATR of 0.36 suggests that volatility will remain subdued, with potential price fluctuations limited to 2-3% in either direction. Fundamentally, the stability of the preferred securities market and the funds large AUM of $13.46 billion will likely contribute to its steady performance. Investors seeking income through preferred securities may continue to find PFF attractive, though near-term capital appreciation may be modest.