ATLASVanEck Preferred Securities ex Financials ETF (PFXF): outlook, holdings and fees
VanEck Preferred Securities ex Financials ETF (PFXF) is an exchange-traded fund and is managed by VanEck. The expense ratio is 0.41% and the yield is 6.14%. The ten largest holdings are 32% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on PFXF
| Last price | $16.67 (0.0%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 57% |
| Likely 1-month range (50%) | $16.41 – $17.11 |
| Normal 1-day range (±1σ) | ±0.7% |
| Distribution yield | 6.14% · monthly |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
PFXF fund facts
| Issuer | VanEck |
|---|---|
| Theme | Financials |
| Assets under management | $2.3B |
| Expense ratio | 0.41% |
| Number of holdings | 31 |
| Portfolio turnover | 28% |
| Inception | Jul 16, 2012 |
| Exchange | NYSE |
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of U.S. exchange-listed hybrid debt, preferred stock and convertible preferred stock issued by non-financial corporations. The fund is non-diversified.
PFXF top holdings
| Holding | Sector | Weight |
|---|---|---|
| MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock STRC | Technology | 7.18% |
| Super Micro Computer, Inc. Depositary Shares representing a 1/20th Interest in a Share of 7% Series A Mandatory Convertible Preferred Stock SMCIP | Technology | 5.52% |
| GOOGM GOOGM | – | 5.04% |
| GOOGN GOOGN | – | 4.87% |
| Microchip Technology Incorporated MCHPP | Technology | 2.13% |
| The Southern Company SOMN | Utilities | 1.98% |
| BrightSpring Health Services, Inc. Tangible Equity Unit BTSGU | Healthcare | 1.82% |
| AT&T Inc T-PC | Communication Services | 1.19% |
| PPL Corporation PPLC | Utilities | 1.14% |
| AT&T Inc. 5.35% GLB NTS 66 TBB | Real Estate | 1.06% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
PFXF sector breakdown
| Sector | Weight |
|---|---|
| Utilities | 74.4% |
| Healthcare | 15.3% |
| Technology | 6.6% |
| Industrials | 3.7% |
By region: North America 100.0%.
PFXF returns and risk
| Year to date | +4.1% |
|---|---|
| 1 year | +4.6% |
| 3 years (annualised) | +11.1% |
| 5 years (annualised) | +3.1% |
| 10 years (annualised) | +4.9% |
| Volatility (3 years) | 10.2% |
| Sharpe ratio (3 years) | 0.49 |
Past returns do not guarantee future results.
PFXF: frequently asked questions
What does PFXF invest in?
VanEck Preferred Securities ex Financials ETF invests in a portfolio of securities. Its largest holdings are MicroStrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock (7.2%), Super Micro Computer, Inc. Depositary Shares representing a 1/20th Interest in a Share of 7% Series A Mandatory Convertible Preferred Stock (5.5%), GOOGM (5.0%), GOOGN (4.9%), Microchip Technology Incorporated (2.1%).
What is the PFXF expense ratio?
0.41% a year: about $41.00 for every $10,000 invested.
What is the PFXF dividend yield?
6.14%, paid monthly. ATLAS does not hold the exact distribution dates for ETFs.
Will PFXF go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 57%, with a likely range (50%) of $16.41 to $17.11 from $16.67 today. It is a probability, not a prediction.
How has PFXF performed?
Year to date +4.1%, one year +4.6%, three years +11.1% a year, five years +3.1% a year. Past returns do not guarantee future results.
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- iShares U.S. Financials ETF (IYF)
- State Street SPDR S&P Regional Banking ETF (KRE)
- iShares MSCI Europe Financials ETF (EUFN)
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Educational information, not investment advice. Disclaimer