(PFLD) AAM Low Duration Preferred - Overview
Etf: Preferred, Hybrid, Short-Term, Fixed-Income, Exchange-Listed
Dividends
| Dividend Yield | 6.25% |
| Yield on Cost 5y | 6.73% |
| Yield CAGR 5y | 3.02% |
| Payout Consistency | 89.5% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 4.40% |
| Relative Tail Risk | 0.23% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.44 |
| Alpha | -4.01 |
| Character TTM | |
|---|---|
| Beta | 0.140 |
| Beta Downside | 0.185 |
| Drawdowns 3y | |
|---|---|
| Max DD | 9.74% |
| CAGR/Max DD | 0.33 |
Description: PFLD AAM Low Duration Preferred December 27, 2025
The AAM Low Duration Preferred and Income Securities ETF (NYSE ARCA: PFLD) tracks an index of U.S.-dollar-denominated preferred and hybrid securities listed on NYSE or NASDAQ Capital Market that have an option-adjusted duration under five years. In practice, the fund commits at least 80 % of its net assets-plus any investment-purpose borrowings-to these preferred and income-generating instruments.
As of the most recent filing, PFLD’s 30-day SEC yield sits around 5.2 % and its average option-adjusted duration is approximately 3.4 years, indicating modest interest-rate sensitivity relative to longer-duration preferred funds. The portfolio is heavily weighted toward financial sector issuers (≈ 55 % of assets), and the underlying securities carry an average credit rating near Baa / BBB, suggesting exposure to mid-grade credit risk. Consequently, the fund’s performance is closely tied to Federal Reserve policy moves, the health of the banking sector, and the spread between Treasury yields and corporate credit spreads.
For a deeper, data-driven view of how PFLD’s risk-return profile compares to peers, you may find ValueRay’s analytics platform useful for further investigation.
What is the price of PFLD shares?
Over the past week, the price has changed by +0.05%, over one month by +0.84%, over three months by +1.83% and over the past year by +1.60%.
Is PFLD a buy, sell or hold?
What are the forecasts/targets for the PFLD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 21.2 | 7.7% |
PFLD Fundamental Data Overview February 05, 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 = 441.5m USD (441.5m + (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 441.5m)
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 441.5m / 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 = 6.43% (E(441.5m)/V(441.5m) * Re(6.43%) + (debt-free company))
Discount Rate = 6.43% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)