(PFFV) Variable Rate Preferred - Overview
Etf: Preferred, Variable-Rate, Securities, U.S.-Listed
Dividends
| Dividend Yield | 8.60% |
| Yield on Cost 5y | 9.43% |
| Yield CAGR 5y | 7.98% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 3.79% |
| Relative Tail Risk | -0.47% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.32 |
| Alpha | -4.07 |
| Character TTM | |
|---|---|
| Beta | 0.163 |
| Beta Downside | 0.251 |
| Drawdowns 3y | |
|---|---|
| Max DD | 12.91% |
| CAGR/Max DD | 0.42 |
Description: PFFV Variable Rate Preferred December 30, 2025
The Global X Variable Rate Preferred ETF (NYSE ARCA: PFFV) allocates at least 80% of its assets-plus any investment-purpose borrowings-to securities that replicate the underlying index, including ADRs and GDRs that represent those securities. The index aims to capture the overall performance of U.S.-listed variable-rate preferred stocks and is classified as non-diversified, meaning concentration risk can be higher than in broadly diversified ETFs.
Key market drivers for PFFV include the Federal Reserve’s policy stance (e.g., changes in the federal funds rate directly affect the coupon resets of variable-rate preferreds), corporate earnings trends that influence issuers’ credit quality, and the supply of new preferred issuances, which tends to rise when equity markets are volatile. As of the latest quarter, the ETF’s weighted-average duration is roughly 2.5 years, and its average credit rating hovers around “BBB-” (S&P), indicating moderate credit risk relative to the broader preferred-stock universe.
For a deeper, data-driven view of how PFFV’s risk-adjusted returns compare to peers, you might explore the analytics platform ValueRay, which offers granular factor breakdowns and scenario testing tools.
What is the price of PFFV shares?
Over the past week, the price has changed by -0.17%, over one month by +0.95%, over three months by +1.32% and over the past year by +2.23%.
Is PFFV a buy, sell or hold?
What are the forecasts/targets for the PFFV price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 25.1 | 11.6% |
PFFV Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 299.2m USD (299.2m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 299.2m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 299.2m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.52% (E(299.2m)/V(299.2m) * Re(6.52%) + (debt-free company))
Discount Rate = 6.52% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)