American Century Quality Preferred ETF (QPFF)
American Century Quality Preferred ETF operates in the Asset Management industry of the Financial Services sector, headquartered in DE, US. The stock last traded at $35.70, down 0.11% on the session, giving a market capitalisation of $66.7M. Its beta of 0.89 implies it has historically moved less than the broad market.
Under typical market circumstances, the fund's portfolio managers allocate a minimum of 80% of its net assets, including any funds obtained through borrowing for investment, to preferred securities. These securities are issued by companies based in both the United States and other countries. The types of preferred securities the fund may hold are diverse, encompassing standard preferred stock, hybrid preferred instruments that share characteristics of both preferred stock and debt, preferreds with floating interest rates, junior subordinated debt, senior unsecured debt obligations often issued in $25 par amounts, re-packaged preferreds, and convertible securities. This fund is structured as a non-diversified investment.
American Century Quality Preferred ETF is most often compared with the following Financial Services names: