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AAM Low Duration Preferred & Income Securities ETF Eclipses $500 Million AUM Milestone
PRNewswire (Wed, 19-Feb 9:08 AM ET)
The AAM Low Duration Preferred and Income Securities ETF (the Fund ) seeks to track the total return performance, before fees andexpenses, of the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index (the Index ). The Index measures the performance of exchange-listed, U.S. dollar-denominated preferred securities and hybrid securities listed on theNew York Stock Exchange ( NYSE ) or NASDAQ Capital Market ( NASDAQ ) with an option-adjusted duration of less than 5 years.
Aam Low Duration Preferred And Income Securities ETF trades on the ARCA stock market under the symbol PFLD.
As of March 4, 2025, PFLD stock price declined to $20.71 with 122,094 million shares trading.
PFLD has a beta of 0.18, meaning it tends to be less sensitive to market movements. PFLD has a correlation of 0.21 to the broad based SPY ETF.
PFLD has a market cap of $508.43 million. This is considered a Small Cap stock.
In the last 3 years, PFLD traded as high as $23.82 and as low as $19.69.
PFLD has underperformed the market in the last year with a return of +5.0%, while SPY returned +14.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PFLD shares. However, PFLD has outperformed the market in the last 3 month and 2 week periods, returning +0.5% and +0.7%, while SPY returned -4.7% and -5.7%, respectively. This indicates PFLD has been having a stronger performance recently.
PFLD support price is $20.76 and resistance is $20.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PFLD shares will trade within this expected range on the day.