AAM Low Duration Preferred and Income Securities ETF (PFLD)
AAM Low Duration Preferred and Income Securities ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Monument, CO, US. The stock last traded at $19.26, down 0.23% on the session, giving a market capitalisation of $415.0M. Its beta of 0.48 implies it has historically moved less than the broad market.
The index measures the performance of exchange-listed, U.S. dollar-denominated preferred securities and hybrid securities listed on the New York Stock Exchange ("NYSE") or NASDAQ Capital Market ("NASDAQ") with an option-adjusted duration of less than five years. Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in preferred and income securities.
AAM Low Duration Preferred and Income Securities ETF is most often compared with the following Financial Services names: