(PFXF) Preferred Securities ex - Overview
Etf: Preferred Stock, Convertible Preferred, Hybrid Debt, Non-Financial
Dividends
| Dividend Yield | 6.87% |
| Yield on Cost 5y | 7.75% |
| Yield CAGR 5y | 3.84% |
| Payout Consistency | 94.8% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 9.63% |
| Relative Tail Risk | 0.29% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.77 |
| Alpha | 3.58 |
| Character TTM | |
|---|---|
| Beta | 0.398 |
| Beta Downside | 0.439 |
| Drawdowns 3y | |
|---|---|
| Max DD | 11.90% |
| CAGR/Max DD | 0.69 |
Description: PFXF Preferred Securities ex January 16, 2026
The VanEck Preferred Securities ex Financials ETF (PFXF) is an U.S.-based exchange-traded fund that commits at least 80% of its net assets to the securities that compose its benchmark index. The index tracks U.S. exchange-listed hybrid debt, preferred stock, and convertible preferred securities issued by corporations outside the financial sector, and the fund is classified as non-diversified, meaning it may hold a relatively concentrated portfolio.
Key metrics to watch include the fund’s weighted-average coupon (approximately 5.2% as of the latest filing), its average credit rating (Baa2/BBB-, indicating moderate credit risk), and its sensitivity to interest-rate movements (duration around 4.5 years). Economic drivers such as the Federal Reserve’s policy stance, corporate earnings trends in the industrial and consumer sectors, and the supply-demand balance for preferred equity in the broader capital-raising environment can materially affect performance.
If you want a data-rich, side-by-side analysis of PFXF’s risk-adjusted returns versus peers, consider checking out ValueRay for deeper insights.
What is the price of PFXF shares?
Over the past week, the price has changed by +0.10%, over one month by +1.43%, over three months by +6.36% and over the past year by +12.34%.
Is PFXF a buy, sell or hold?
What are the forecasts/targets for the PFXF price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 20.4 | 12% |
PFXF Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 2.14b USD (2.14b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 2.14b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 2.14b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.38% (E(2.14b)/V(2.14b) * Re(7.38%) + (debt-free company))
Discount Rate = 7.38% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)