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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 Asset Management B.V.

  • 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 15 Jan 2021

  • NAV1

    22.88

  • Shares Outstanding

    350,000

  • Number of Holdings

    161

  • Base Currency

    USD

  • Net Assets

    $8.0M

  • Product Structure

    Physical (Full Replication)

  • Distribution Frequency

    None

  • Income Treatment

    Reinvestment

  • Total Expense Ratio

    0.41%
  • Fact Sheet
  • ETF Product List
  • Fund Holiday Calendar
afm_english_risicoscore_4.jpg

Trading Information as of 15 Jan 2021

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 22.92
Day's Move 0.03
Volume 0
30 Day Volume 4,676
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 16.86
Day's Move 0.15
Volume 0
30 Day Volume 1,136
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 18.95
Day's Move 0.11
Volume 5
30 Day Volume 733
VWAP Volume 5
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 18.96
Day's Move 0.12
Volume 743
30 Day Volume 1,494
VWAP Volume 743

NAVs as of 15 Jan 2021

Base
Currency 		NAV Daily
Change
NAV 		YTD
Change
NAV 		NAV Price
History 		Total
Expense
Ratio
PRF USD $22.88 $0.00 / -0.01% -1.87%
0.41

Performance History: Average Annual Total Returns* (%)

View All ETFs View All Indices
Month End as of 31 Dec 2020 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) 2.11 4.29 5.83 5.83 5.33 -- -- 4.79
WAGG (Index) 2.21 4.54 6.84 6.84 6.34 5.89 6.24 5.82
Performance Differential (NAV - Index) -0.10 -0.25 -1.01 -1.01 -1.01 -- -- -1.03
Quarter End as of 31 Dec 2020 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) 2.11 4.29 5.83 5.83 5.33 -- -- 4.79
WAGG (Index) 2.21 4.54 6.84 6.84 6.34 5.89 6.24 5.82
Performance Differential (NAV - Index) -0.10 -0.25 -1.01 -1.01 -1.01 -- -- -1.03

*Periods greater than one year are annualised.

Performance quoted represents past performance. Current performance may be lower or higher than average annual returns shown. Discrete performance shows 12 month performance to the most recent Quarter end for each of the last 5yrs where available. E.g. '1st year' shows the most recent of these 12-month periods and '2nd year' shows the previous 12 month period and so on.

Performance data for VanEck Vectors ETFs 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.

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

Total Holdings: 160
Holding Name Maturity
Composite
Rating
Country
Currency
% of Net
Assets
CITIGROUP CAPITAL XIII
30 Oct 2040
BB+
United States
USD
2.8077
PNC FINANCIAL SERVICES GROUP INC/THE
Perpetual
BBB
United States
USD
1.7619
CAPITAL ONE FINANCIAL CORP
Perpetual
BB+
United States
USD
1.7494
AT&T INC
01 Nov 2066
BBB
United States
USD
1.602
HSBC HOLDINGS PLC
Perpetual
BBB-
United Kingdom
USD
1.5982
CAPITAL ONE FINANCIAL CORP
Perpetual
BB+
United States
USD
1.4256
ALLSTATE CORP/THE
Perpetual
BBB
United States
USD
1.4099
JPMORGAN CHASE & CO
Perpetual
BBB
United States
USD
1.3948
US BANCORP
Perpetual
BBB+
United States
USD
1.2861
JPMORGAN CHASE & CO
Perpetual
BBB
United States
USD
1.2619
Top 10 Total (%) 16.30
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 31 Dec 2020

  • Country

    % of Net Assets
  • ■

    United States

    91.22
  • ■

    Bermuda

    4.70
  • ■

    United Kingdom

    2.29
  • ■

    Canada

    1.16
  • ■

    Netherlands

    0.28
  • ■

    Other/Cash

    0.35

Currency Exposure (%)
as of 31 Dec 2020

  • U.S. Dollar

    99.65

  • Other/Cash

    0.35

Sector Weightings (%) as of 31 Dec 2020

  • Sector

    % of Net Assets
  • ■

    Financials

    73.3
  • ■

    Utilities

    15.1
  • ■

    Real Estate

    7.0
  • ■

    Technology

    3.5
  • ■

    Energy

    0.7
  • ■

    Other/Cash

    0.4

Credit Quality (%) as of 31 Dec 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 Dec 2020

 

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An investment in the promoted investment funds may only be made based on the investment fund’s official sales prospectus, the relevant supplement and KIID and will be subject to the terms and conditions contained therein.

You can lose money by investing in the Funds. The value of the investments may go up or down and the investor may not get back the amount invested. Past performance is not a guide to future performance and should not be the sole factor of consideration when selecting a product. Any investment in a fund should be part of an overall investment program, not a complete program. An investor should consider investment objectives, risks, charges, and expenses of the investment carefully before investing.

Investment fund investing involves risk, including possible loss of principal. Investors should consult the prospectus and key investor information document ("KIID") before subscribing to any fund. The prospectus, the key investor information documents and the financial reports can be obtained free of charge from this website and upon request from the funds’ registered office and the offices of all local information agents. The documents, except for KIIDs, are only available in English and certain other languages as applicable.

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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