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)