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PRF
VanEck Vectors Preferred US Equity UCITS ETF

Fund Description

The VanEck Vectors Preferred US Equity UCITS ETF invests in preferred securities issued by US companies.

  • The characteristics of preferred securities from US companies are similar to those of hybrid financial instruments
  • Historically higher dividend yields compared to traditional securities
  • Preferred securities offer fixed annual dividend payments that are comparable to the yields earned by high-yield bonds



Underlying Index

Wells Fargo Hybrid and Preferred Securities Aggregate Index (WAGG)

Fund Details
 

  • Fund Ticker

    PRF
  • Management Company

    VanEck Investments Ltd
  • Custodian

    State Street Custodial Services (Ireland) Limited
  • Domicile

    Ireland
  • UCITS Compliant

    YES
  • Index Ticker

    WAGG
  • Index Provider

    Wells Fargo Securities, LLC
  • Rebalance Frequency

    Monthly
1The "Net Asset Value" (NAV) of all ETFs is determined at the close of each business day, and represents the value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Investors should not expect to buy or sell ETF shares at NAV.

2The date the fund was launched prior to quotation on the stock exchange.

 
as of 20 Nov 2020

  • NAV1

    22.94
  • Shares Outstanding

    450,000
  • Number of Holdings

    160
  • Base Currency

    USD
  • Net Assets

    $10.3M
  • Product Structure

    Physical (Full Replication)
  • Distribution Frequency

    None
  • Income Treatment

    Reinvestment
  • Total Expense Ratio

    0.41%
  • Fact Sheet
  • ETF Product List

Trading Information as of 20 Nov 2020

London
Stock Exchange
USD
Exchange Ticker PRF
ISIN IE00BDFBTR85
SEDOL BYZ2H63
Bloomberg PRF LN
Reuters (RIC) VVPRF.L
Telekurs 38431859
Bloomberg iNAV PRFUSDIV
Reuters iNAV PRFINAV=SOLA
WKN A2DYHX
Trading Currency USD
Last Traded Price 22.96
Day's Move 0.05
Volume 0
30 Day Volume 994
VWAP Volume 0
London
Stock Exchange
GBP
Exchange Ticker PRGB
ISIN IE00BDFBTR85
SEDOL BYZ2H74
Bloomberg PRGB LN
Reuters (RIC) PRGB.L
Telekurs 38431859
Bloomberg iNAV PRFUSDIV
Reuters iNAV PRFINAV=SOLA
WKN A2DYHX
Trading Currency GBP
Last Traded Price 17.28
Day's Move -0.04
Volume 0
30 Day Volume 528
VWAP Volume 0
Deutsche
Börse
EUR
Exchange Ticker PVF1
ISIN IE00BDFBTR85
SEDOL BF3T536
Bloomberg PVF1 GY
Reuters (RIC) PVF.DE
Telekurs 38431859
Bloomberg iNAV PRFEURIV
Reuters iNAV PRFEURINAV=SOLA
WKN A2DYHX
Trading Currency EUR
Last Traded Price 19.36
Day's Move 0.00
Volume 240
30 Day Volume 681
VWAP Volume 240
SIX
Swiss Exchange
CHF
Exchange Ticker PREF
ISIN IE00BDFBTR85
SEDOL --
Bloomberg PREF SE
Reuters (RIC) PREF.S
Telekurs 38431859
Bloomberg iNAV PRFUSDIV
Reuters iNAV PRFINAV=SOLA
WKN A2DYHX
Trading Currency CHF
Last Traded Price --
Day's Move --
Volume 0
30 Day Volume --
VWAP Volume 0
Borsa
Italiana
EUR
Exchange Ticker PREF
ISIN IE00BDFBTR85
SEDOL --
Bloomberg PREF IM
Reuters (RIC) PREF.MI
Telekurs 38431859
Bloomberg iNAV PRFEURIV
Reuters iNAV PRFEURINAV=SOLA
WKN A2DYHX
Trading Currency EUR
Last Traded Price 19.36
Day's Move 0.01
Volume 0
30 Day Volume 1,414
VWAP Volume 0

NAVs as of 20 Nov 2020

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
PRF USD $22.94 $-0.02 / -0.08% +4.13%
0.41

Performance History: Average Annual Total Returns* (%)

Month End as of 31 Oct 2020 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) 0.31 0.85 1.79 2.71 3.92 -- -- 3.75
WAGG (Index) 0.36 1.08 2.57 3.65 4.92 5.41 5.83 4.75
Performance Differential (NAV - Index) -0.05 -0.23 -0.78 -0.94 -1.00 -- -- -1.00
Quarter End as of 30 Sep 2020 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) -0.62 5.38 1.48 2.58 3.76 -- -- 3.75
WAGG (Index) -0.53 5.63 2.20 3.52 4.76 5.84 5.73 4.77
Performance Differential (NAV - Index) -0.09 -0.25 -0.72 -0.94 -1.00 -- -- -1.02

Top 10 Holdings (%) as of 31 Oct 2020 View All Holdings »

Total Holdings: 149
Holding Name Maturity
Composite
Rating
Country
Currency
% of Net
Assets
CITIGROUP CAPITAL XIII
30 Oct 2040
BB+
United States
USD
2.9762
PNC FINANCIAL SERVICES GROUP INC/THE
Perpetual
BBB
United States
USD
1.9377
HSBC HOLDINGS PLC
Perpetual
BBB-
United Kingdom
USD
1.8086
CAPITAL ONE FINANCIAL CORP
Perpetual
BB+
United States
USD
1.7889
AT&T INC
01 Nov 2066
BBB
United States
USD
1.6803
ALLSTATE CORP/THE
Perpetual
BBB
United States
USD
1.4894
CAPITAL ONE FINANCIAL CORP
Perpetual
BB+
United States
USD
1.4682
US BANCORP
Perpetual
BBB+
United States
USD
1.4188
JPMORGAN CHASE & CO
Perpetual
BBB
United States
USD
1.3918
DUKE ENERGY CORP
Perpetual
BBB-
United States
USD
1.3638
Top 10 Total (%) 17.33
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 31 Oct 2020

  • Country

    % of Net Assets
  • United States

    91.19
  • Bermuda

    5.00
  • United Kingdom

    2.51
  • Canada

    0.74
  • Netherlands

    0.30
  • Other/Cash

    0.26

Currency Exposure (%)
as of 31 Oct 2020

  • U.S. Dollar

    99.74
  • Other/Cash

    0.26

Sector Weightings (%) as of 31 Oct 2020

  • Sector

    % of Net Assets
  • Financial

    76.5
  • Utilities

    15.5
  • Communications

    6.7
  • Energy

    0.7
  • Government

    0.3
  • Other/Cash

    0.3

Credit Quality (%) as of 31 Oct 2020

Composite % of Net Assets
Investment Grade AA 0.32
A 1.10
BBB 73.55
Non-Investment Grade BB 23.66
Total Investment Grade -- 74.97
Total Non-Investment Grade -- 23.66
Not Rated -- 1.01
Source: Bloomberg. Rating is a proprietary composite of various rating agencies. A bond must be rated by two or more rating agencies to receive a composite rating; otherwise it is classified as Not Rated.

Maturity (%) as of 31 Oct 2020

 

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Performance data for the Irish domiciled funds is displayed on a Net Asset Value basis, in Base Currency terms, with net income reinvested, net of fees. Brokerage or transaction fees will apply. Performance data for the Dutch domiciled ETFs include income distributions gross of Dutch withholding tax, net of fees and assume that the Dutch dividend withholding tax levied from the dividend payment of the ETF will be deducted or reclaimed with the Dutch tax authority and is reinvested. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. Brokerage or transaction fees will apply. The Dutch domiciled ETFs use a gross reinvestment index. Please note that the performance includes income distributions gross of Dutch withholding tax because Dutch investors deduct or reclaim the 15% Dutch withholding tax levied. Different investor types and investors from other jurisdictions may not be able to achieve the same level of performance due to their tax status and local tax rules. For more information please be referred to the respective fund’s performance section on this website.

The sales prospectus and KIID contain this and other information. Please read the sales prospectus and KIID carefully before investing.

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