PRF
VanEck Vectors Preferred US Equity UCITS ETF

Fund Description: VanEck Vectors Preferred US Equity UCITS ETF (PRF) is a UCITS-compliant exchange-traded fund that invests in a portfolio of non-convertible preferred securities listed on U.S. exchanges, with the aim of providing investment returns that closely track the performance of the Wells Fargo® Hybrid and Preferred Securities Aggregate Index (WAGG).

Index Description: The Wells Fargo® Hybrid and Preferred Securities Aggregate Index (WAGG) tracks the performance of non-convertible U.S. preferred securities issued by companies that are listed on U.S. exchanges.

Management Style: Replication

 
 

  • Fund Ticker

    PRF
  • Management Company

    VanEck Investments Ltd.
  • Custodian

    BNY Mellon Trust Company (Ireland) Limited
  • Domicile

    Ireland
  • UCITS Compliant

    YES
  • Index Ticker

    WAGG
  • Index Provider

    Wells Fargo Securities, LLC
  • Rebalance Frequency

    Monthly
  • Inception Date2

    22 Sep 2017
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 18 Mar 2019

  • NAV1

    20.50
  • Shares Outstanding

    100,000
  • Number of Holdings

    159
  • Base Currency

    USD
  • Net Assets

    $2.0M
  • Product Structure

    Physical (Full Replication)
  • Distribution Frequency

    None
  • Income Treatment

    Reinvestment
  • Total Expense Ratio

    0.41%
  • Fact Sheet
  • Product List

Key Points

High Income Potential
U.S. preferred securities have offered higher yield than its common stock and investment grade senior debt


Investment Grade Issuers
U.S.-listed preferred securities exposure with “investment grade” bias


Non-convertible U.S. Preferred Securities
Higher quality and consistency than other bond-like structures, such as contingent convertible (“CoCo”) bonds

Trading Information as of 18 Mar 2019

Exchange TickerPRF
ISINIE00BDFBTR85
SEDOLBYZ2H63
BloombergPRF LN
Reuters (RIC)VVPRF.L
Telekurs38431859
Bloomberg iNAVPRFUSDIV
Reuters iNAVPRFINAV=SOLA
WKNA2DYHX
Trading CurrencyUSD
Last Traded Price20.53
Day's Move0.02
Volume0
30 Day Volume--
VWAP Volume0
Exchange TickerPRGB
ISINIE00BDFBTR85
SEDOLBYZ2H74
BloombergPRGB LN
Reuters (RIC)PRGB.L
Telekurs38431859
Bloomberg iNAVPRFUSDIV
Reuters iNAVPRFINAV=SOLA
WKNA2DYHX
Trading CurrencyGBP
Last Traded Price15.52
Day's Move0.09
Volume0
30 Day Volume132
VWAP Volume0
Exchange TickerPVF1
ISINIE00BDFBTR85
SEDOLBF3T536
BloombergPVF1 GY
Reuters (RIC)PVF.DE
Telekurs38431859
Bloomberg iNAVPRFEURIV
Reuters iNAVPRFEURINAV=SOLA
WKNA2DYHX
Trading CurrencyEUR
Last Traded Price18.11
Day's Move-0.01
Volume0
30 Day Volume21
VWAP Volume0
Exchange TickerPREF
ISINIE00BDFBTR85
SEDOL--
BloombergPREF SE
Reuters (RIC)PREF.S
Telekurs38431859
Bloomberg iNAVPRFUSDIV
Reuters iNAVPRFINAV=SOLA
WKNA2DYHX
Trading CurrencyCHF
Last Traded Price--
Day's Move--
Volume0
30 Day Volume--
VWAP Volume0
Exchange TickerPREF
ISINIE00BDFBTR85
SEDOL--
BloombergPREF IM
Reuters (RIC)PREF.MI
Telekurs38431859
Bloomberg iNAVPRFEURIV
Reuters iNAVPRFEURINAV=SOLA
WKNA2DYHX
Trading CurrencyEUR
Last Traded Price18.10
Day's Move-0.01
Volume0
30 Day Volume--
VWAP Volume0

NAVs as of 18 Mar 2019

Base
Currency
NAV Daily
Change
NAV
YTD
Change
NAV
NAV Price
History
Total
Expense
Ratio
PRF USD $20.50 $0.00 / +0.00% +8.53%
0.41

Performance History: Average Annual Total Returns* (%) View All ETFs View All Indices

1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) 1.50 6.95 7.52 3.41 -- -- -- 1.08
WAGG (Index) 1.63 7.24 7.72 4.27 4.47 6.39 13.45 2.11
Performance Differential (NAV - Index) -0.13 -0.29 -0.20 -0.86 -- -- -- -1.03
1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR ETF INCEPTION
ETF (NAV) -0.53 -4.98 -5.31 -5.31 -- -- -- -4.38
WAGG (Index) -0.45 -4.79 -4.41 -4.41 1.91 6.08 8.18 -3.43
Performance Differential (NAV - Index) -0.08 -0.19 -0.90 -0.90 -- -- -- -0.95

Top 10 Holdings (%) View All Holdings » as of 28 Feb 2019

Total Holdings: 150
Holding Name
Shares
Maturity
Composite
Rating
Country
Currency
% of Net
Assets
Pnc Financial Services Group Inc/The
1625
Perpetual
BBB-
U.S.
USD
2.12
Hsbc Holdings Plc
1571
Perpetual
BBB-
United Kingdom
USD
1.99
At&T Inc
1433
Perpetual
BBB
U.S.
USD
1.77
Us Bancorp
1192
Perpetual
BBB+
U.S.
USD
1.61
Bb&T Corp
1246
Perpetual
BBB
U.S.
USD
1.53
Bank Of America Corp
1138
Perpetual
BBB-
U.S.
USD
1.45
Ing Groep Nv
1132
Perpetual
BB+
Netherlands
USD
1.43
Southern Co/The
1084
Perpetual
BBB-
U.S.
USD
1.40
Aegon Nv
1084
Perpetual
BBB
Netherlands
USD
1.37
Capital One Financial Corp
948
Perpetual
BB
U.S.
USD
1.18
Top 10 Total (%) 15.84
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Country Weightings (%) as of 28 Feb 2019

  • Country

    % of Net Assets
  • UNITED STATES

    88.33
  • NETHERLANDS

    4.73
  • BERMUDA

    3.41
  • UNITED KINGDOM

    1.99
  • CANADA

    0.83
  • Other/Cash

    0.70

Currency Exposure (%)
as of 28 Feb 2019

  • U.S. Dollar

    99.30
  • Other/Cash

    0.70

Sector Weightings (%) as of 28 Feb 2019

  • Sector

    % of Net Assets
  • Financial

    74.2
  • Utilities

    14.5
  • Communications

    8.8
  • Industrial

    1.0
  • Energy

    0.8
  • Other/Cash

    0.7

Credit Quality (%) as of 28 Feb 2019

Composite % of Net Assets
Investment Grade A 1.25
BBB 75.58
Non-Investment Grade BB 22.46
Total Investment Grade -- 76.83
Total Non-Investment Grade -- 22.46
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 28 Feb 2019