(PFFL) ETRACS 2xMonthly Pay - Ratings and Ratios

ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN (PFFL) is designed to provide two times leveraged exposure to the monthly compounded performance of an equally weighted portfolio of two ETFs that invest in preferred securities. Preferred securities typically combine features of both bonds and stocks, offering fixed dividend payments while ranking lower than bonds in terms of creditor priority. The ETN’s leverage amplifies both potential gains and losses, making it a high-risk instrument suited for short-term trading strategies.

As of the latest data, PFFL has an average daily trading volume of 2,366 shares over the past 20 days, with a last price of $9.02. Its short-term trend indicators show the SMA 20 at $9.20 and SMA 50 at $9.15, while the SMA 200 stands at $9.37. The ATR of 0.16 reflects relatively low volatility. The ETN manages $9.33 million in assets, indicating limited market activity compared to larger funds.