VanEck Preferred Securities ex Financials ETF (PFXF)
| Assets | $2.24B |
| Expense Ratio | 0.40% |
| PE Ratio | 0.59 |
| Shares Out | 119.30M |
| Dividend (ttm) | $1.19 |
| Dividend Yield | 6.49% |
| Ex-Dividend Date | Feb 2, 2026 |
| Payout Ratio | 3.81% |
| 1-Year Return | +5.40% |
| Volume | 527,251 |
| Open | 18.35 |
| Previous Close | 18.42 |
| Day's Range | 18.29 - 18.41 |
| 52-Week Low | 15.28 |
| 52-Week High | 18.57 |
| Beta | 0.62 |
| Holdings | 112 |
| Inception Date | Jul 16, 2012 |
About PFXF
Fund Home PageThe VanEck Preferred Securities ex Financials ETF (PFXF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index comprised of USD denominated preferred securities and securities that the index provider deems to be functionally equivalent. Securities issued by financial firms are excluded. PFXF was launched on Jul 16, 2012 and is issued by VanEck.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 2, 2026 | $0.0485 | Feb 5, 2026 |
| Dec 29, 2025 | $0.1847 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0868 | Dec 3, 2025 |
| Nov 3, 2025 | $0.0841 | Nov 6, 2025 |
| Oct 1, 2025 | $0.1054 | Oct 6, 2025 |
| Sep 2, 2025 | $0.131 | Sep 5, 2025 |
News
Why Taxes Matter for Equity Income, and Where PFXF Fits
Headline yield shows income potential, but taxes reduce what you keep. Equity investors should focus on after-tax yield.
If I Were To Retire Today, This Is The 6-ETF Portfolio I'd Own
I present a 6-ETF retirement portfolio targeting a 5.7% yield, balancing income, safety, and modest growth. SCHD anchors the portfolio at 35% for high-quality U.S. dividend growth, complemented by DIV...
PFXF: An Attractive Risk-Reward Heading Into 2026
VanEck Preferred Securities ex Financials ETF maintains a high 67.3% allocation to securities maturing in 30 years or more. This should provide a tailwind for returns in 2026 should U.S. 30-year yield...
How I Would Build An Ultra-High-Conviction Retirement Portfolio Right Now
Building a resilient retirement portfolio requires a mix of disruption-proof income from REITs, midstream energy, and high-yielding assets, plus growth stocks and ETFs. Current market challenges—AI di...
The Only Retirement Investing Strategy I Would Trust With My Future
Building a strong retirement portfolio takes time and effort, but a solid foundation makes long-term success achievable. I learned that combining stability with selective opportunities creates a portf...
Preferred Stocks With Room To Run
I built a preferred stock portfolio starting in 2022 in anticipation of falling inflation and interest rates, which has delivered strong double-digit returns. With fiscal and monetary policy now more ...
PFXF's Portfolio Breakdown
VanEck Preferred Securities ex Financials ETF offers a diversified portfolio, with $1.89B in assets and a low 0.4% management fee. The fund's core holdings are baby bonds, mandatory convertibles, and ...
5 of the Best Preferred Stock ETFs for High and Stable Dividends
The best preferred stock ETFs allow you to reduce your risk by investing in baskets of preferred stocks.
PFXF's Complete Portfolio Review
PFXF offers diversified exposure to preferred securities, with a 6.77% distribution yield and a 0.40% management fee. The portfolio is well-diversified across baby bonds, mandatory convertibles, fixed...
PFXF: Under The Radar Beneficiary Of U.S. Cost Cutting
The VanEck Preferred Securities ex Financials ETF has 64.7% of its portfolio allocated to long-duration preferred securities. The new U.S. administration is focused on cutting the budget deficit to ar...
My Near-Perfect Retirement Dividend Portfolio
Low-volatility, dividend growth stocks offer long-term outperformance and a favorable risk profile, despite lower yields during bull markets. Dividend growth portfolios can significantly increase yiel...
PFXF: Preferred Stocks ETF Beating Peers, Yet Unattractive
VanEck Preferred Securities ex Financials ETF is invested in US-traded preferred stocks of non-financial companies. PFXF is quite concentrated in its top issuers, and about two-thirds of its assets ar...
Assessing Leveraged PFFA Vs. Other Preferred Share Funds I Own
Despite relative outperformance in recent years, I cannot justify an allocation to PFFA.
PFXF: A Strong Buy When You Love Preferred Yields Of 7%, But Don't Want Bank Risks
VanEck Preferred Securities ex Financials ETF primarily invests in preferred securities with high yields, avoiding financial stocks. The ETF has $1.69 billion in assets, low expense ratio of 0.41%, an...
Preferreds Weekly Review: Keep An Eye On The Spread Of Floating-Rate Preferreds
We take a look at the action in preferreds and baby bonds through the fourth week of March and highlight some of the key themes we are watching. Preferreds had a good week as Treasury yields fell on t...
Preferreds Weekly Review: Mandatory Convertibles Offer High-Beta Preferred Exposure
We take a look at the action in preferreds and baby bonds through the third week of March and highlight some of the key themes we are watching. Preferreds were down for the week due to rising Treasury...
PFXF: Levered Preferred Issuers Set To Benefit From Lower Interest Rates
VanEck Preferred Securities ex Financials ETF returns have lagged riskier common stock alternatives over the past year. 61.74% of ETF assets are allocated to sectors such as REITs, Utilities, and Tele...
Preferreds Weekly Review: Historic Drawdowns Are Relevant Again
We take a look at the action in preferreds and baby bonds through the fourth week of February and highlight some of the key themes we are watching. Preferreds had a strong week with a 1%+ return, driv...
Preferreds Weekly Review: A High Yield-To-Call Is Not Enough
We take a look at the action in preferreds and baby bonds through the second week of February and highlight some of the key themes we are watching. Preferreds were flat on the week as higher Treasury ...
Preferreds Weekly Review: AHL Preferred Gets Stuck Near Libor Peak
We take a look at the action in preferreds and baby bonds through the fourth week of January and highlight some of the key themes we are watching. Preferred stock and baby bond market had a good week ...
PFXF: The Problem With Preferred Shares
PFXF offers a diverse fund of preferred shares across many industries. Over the last decade, its dividend has been stagnant or declined, and total returns are negative. The preferred equity in its hol...
PFXF: REITs And Utilities Hurt More Than Excluding Financials (For Now)
VanEck Preferred Securities ex Financials ETF offers diversified exposure to preferred securities outside of the financial sector. Preferred securities provide higher dividends, reduced risk, and pote...