(PFXF) VanEck Preferred Securities - Ratings and Ratios

The VanEck Preferred Securities ex Financials ETF (NYSE ARCA: PFXF) is designed to provide exposure to a diversified portfolio of preferred securities, excluding those issued by financial institutions. The fund typically allocates at least 80% of its total assets to securities that are part of its underlying benchmark index. This index focuses on U.S. exchange-listed hybrid debt, preferred stock, and convertible preferred stock issued by non-financial corporations. The fund is classified as non-diversified, meaning it can invest a larger portion of its assets in a smaller number of securities, which may increase concentration risk. For more information, visit http://www.vaneck.com.

Ticker Symbol: PFXF | Exchange: NYSE ARCA | Type: ETF | Country Origin: USA | ETF Category: Preferred Stock.

Based on the provided and , here is a 3-month forecast:

• Price Movement: The last price of $16.61 is slightly above the 20-day SMA ($16.07) but below the 200-day SMA ($16.95). This suggests potential short-term weakness but overall stability.
• Volatility: The Average True Range (ATR) of 0.26 indicates low volatility, suggesting minimal price fluctuations in the near term.
• Volume: The average 20-day volume of 610,400 shares indicates moderate liquidity, which is sufficient for most investors.
• AUM Growth: With assets under management (AUM) of $1.77 billion, the fund is well-established, and its size suggests stability in tracking its underlying index.

Overall, the fund is expected to remain range-bound with limited upside or downside potential over the next three months, supported by its low volatility and stable asset base.