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PFF ETF Profile


Family: Blackrock (iShares)
Name: iShares Preferred and Income Securities ETF
Inception Date: 26-Mar-2007
Termination Date:
Investment Objective: 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 ).
Prospectus
Top 10 Holdings
WELLS FARGO & COMPANY SERIES L WFC 7.5 PERP L 2.2160%
CITIGROUP CAPITAL XIII C V0 10/30/40 1.7904%
ALBEMARLE CORP ALB 7.25 03/01/27 1.6317%
BANK OF AMERICA CORP BAC 7.25 PERP L 1.2541%
APOLLO GLOBAL MANAGEMENT INC APO 6.75 07/31/26 1.2173%
NEXTERA ENERGY CORPORATE UNITS I NEE 6.926 09/01/25 1.0902%
JPMORGAN CHASE & CO JPM 6 PERP EE 1.0137%
AT&T INC T 4.75 PERP C 0.9272%
JPMORGAN CHASE & CO JPM 5.75 PERP DD 0.9155%
BLK CSH FND TREASURY SL AGENCY XTSLA 0.8487%
Top 10 Holdings Weight: 12.9%
Number of Holdings: 445
Shares Outstanding: 457,950,000
Total Net Assets: 14,233,090,000
NAV: 31.16
Net Expense Ratio: 0.46%
Asset Class: Preferred Stock
Developed or Emerging: Developed Market Funds
Country: US
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Dividend Type: Preferred Stock
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Is Currency Hedged: No
US or Ex-US: Domestic