AAM Low Duration Preferred and Income Securities ETF
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.8%
1 yr return
10.0%
3 Yr Avg Return
0.2%
5 Yr Avg Return
N/A
Net Assets
$310 M
Holdings in Top 10
17.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.46%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 199.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PFLD - Profile
Distributions
- YTD Total Return 6.8%
- 3 Yr Annualized Total Return 0.2%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 4.33%
- Dividend Yield 5.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAAM Low Duration Preferred and Income Securities ETF
-
Fund Family NameAAM
-
Inception DateNov 19, 2019
-
Shares Outstanding6850000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRafael Zayas
Fund Description
PFLD - Performance
Return Ranking - Trailing
Period | PFLD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.8% | 4.8% | 17.7% | 94.87% |
1 Yr | 10.0% | 10.0% | 28.4% | 100.00% |
3 Yr | 0.2%* | -7.6% | 5.9% | 66.67% |
5 Yr | N/A* | -5.1% | 11.5% | 16.00% |
10 Yr | N/A* | 0.8% | 5.0% | 18.64% |
* Annualized
Return Ranking - Calendar
Period | PFLD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.8% | -3.6% | 14.2% | 48.72% |
2022 | -17.3% | -29.4% | -9.6% | 50.00% |
2021 | -0.1% | -3.4% | 17.2% | 51.39% |
2020 | 0.2% | -24.8% | 9.0% | 69.57% |
2019 | N/A | 6.4% | 19.1% | N/A |
Total Return Ranking - Trailing
Period | PFLD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.8% | 4.8% | 17.7% | 94.87% |
1 Yr | 10.0% | 10.0% | 28.4% | 100.00% |
3 Yr | 0.2%* | -7.6% | 5.9% | 66.67% |
5 Yr | N/A* | -5.1% | 11.5% | N/A |
10 Yr | N/A* | 0.8% | 5.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PFLD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.2% | -1.9% | 26.5% | 25.64% |
2022 | -12.7% | -26.0% | -5.8% | 47.22% |
2021 | 4.5% | -2.5% | 27.4% | 36.11% |
2020 | 5.4% | -19.2% | 12.3% | 53.62% |
2019 | N/A | 10.0% | 32.0% | N/A |
PFLD - Holdings
Concentration Analysis
PFLD | Category Low | Category High | PFLD % Rank | |
---|---|---|---|---|
Net Assets | 310 M | 24.1 M | 14.5 B | 70.51% |
Number of Holdings | 175 | 49 | 439 | 71.79% |
Net Assets in Top 10 | 63.5 M | 8.45 M | 1.89 B | 71.79% |
Weighting of Top 10 | 17.90% | 11.3% | 48.1% | 62.82% |
Top 10 Holdings
- JPMorgan Chase Co 2.51%
- Goldman Sachs Group Inc/The 2.31%
- JPMorgan Chase Co 2.30%
- Duke Energy Corp 1.87%
- US Bancorp 1.63%
- Athene Holding Ltd 1.57%
- Bank of America Corp 1.47%
- MetLife Inc 1.46%
- Charles Schwab Corp/The 1.40%
- Annaly Capital Management Inc 1.38%
Asset Allocation
Weighting | Return Low | Return High | PFLD % Rank | |
---|---|---|---|---|
Preferred Stocks | 99.22% | 0.00% | 125.69% | 11.54% |
Cash | 1.24% | -0.02% | 11.04% | 79.49% |
Stocks | 0.00% | 0.00% | 29.42% | 70.51% |
Other | 0.00% | -4.41% | 10.15% | 50.00% |
Convertible Bonds | 0.00% | 0.00% | 31.65% | 86.67% |
Bonds | 0.00% | 0.00% | 97.75% | 84.62% |
PFLD - Expenses
Operational Fees
PFLD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.46% | 0.05% | 4.46% | 89.61% |
Management Fee | 0.45% | 0.00% | 1.00% | 8.97% |
12b-1 Fee | N/A | 0.00% | 1.00% | 19.44% |
Administrative Fee | N/A | 0.01% | 0.55% | N/A |
Sales Fees
PFLD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
PFLD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PFLD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 199.00% | 12.00% | 199.00% | 100.00% |
PFLD - Distributions
Dividend Yield Analysis
PFLD | Category Low | Category High | PFLD % Rank | |
---|---|---|---|---|
Dividend Yield | 5.68% | 0.00% | 9.59% | 5.13% |
Dividend Distribution Analysis
PFLD | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
PFLD | Category Low | Category High | PFLD % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.33% | 0.88% | 7.54% | 39.19% |
Capital Gain Distribution Analysis
PFLD | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 30, 2024 | $0.100 | OrdinaryDividend |
Sep 27, 2024 | $0.120 | OrdinaryDividend |
Aug 29, 2024 | $0.120 | OrdinaryDividend |
Jul 30, 2024 | $0.120 | OrdinaryDividend |
Jun 27, 2024 | $0.120 | OrdinaryDividend |
Apr 26, 2024 | $0.120 | OrdinaryDividend |
Mar 26, 2024 | $0.120 | OrdinaryDividend |
Feb 27, 2024 | $0.120 | OrdinaryDividend |
Jan 29, 2024 | $0.120 | OrdinaryDividend |
Dec 28, 2023 | $0.274 | OrdinaryDividend |
Nov 28, 2023 | $0.120 | OrdinaryDividend |
Oct 27, 2023 | $0.132 | OrdinaryDividend |
Sep 27, 2023 | $0.130 | OrdinaryDividend |
Aug 29, 2023 | $0.103 | OrdinaryDividend |
Jul 27, 2023 | $0.103 | OrdinaryDividend |
Jun 28, 2023 | $0.103 | OrdinaryDividend |
May 26, 2023 | $0.103 | OrdinaryDividend |
Apr 26, 2023 | $0.102 | OrdinaryDividend |
Mar 29, 2023 | $0.100 | OrdinaryDividend |
Feb 24, 2023 | $0.106 | OrdinaryDividend |
Jan 30, 2023 | $0.106 | OrdinaryDividend |
Dec 29, 2022 | $0.148 | OrdinaryDividend |
Nov 28, 2022 | $0.107 | OrdinaryDividend |
Oct 27, 2022 | $0.071 | OrdinaryDividend |
Sep 28, 2022 | $0.073 | OrdinaryDividend |
Aug 29, 2022 | $0.104 | OrdinaryDividend |
Jul 27, 2022 | $0.105 | OrdinaryDividend |
Jun 28, 2022 | $0.095 | OrdinaryDividend |
May 26, 2022 | $0.097 | OrdinaryDividend |
Apr 27, 2022 | $0.096 | OrdinaryDividend |
Mar 29, 2022 | $0.098 | OrdinaryDividend |
Feb 24, 2022 | $0.099 | OrdinaryDividend |
Jan 27, 2022 | $0.101 | OrdinaryDividend |
Dec 29, 2021 | $0.104 | OrdinaryDividend |
Nov 26, 2021 | $0.100 | OrdinaryDividend |
Oct 27, 2021 | $0.079 | OrdinaryDividend |
Sep 28, 2021 | $0.031 | OrdinaryDividend |
Aug 27, 2021 | $0.094 | OrdinaryDividend |
Jul 28, 2021 | $0.100 | OrdinaryDividend |
Jun 28, 2021 | $0.106 | OrdinaryDividend |
May 26, 2021 | $0.106 | OrdinaryDividend |
Apr 28, 2021 | $0.106 | OrdinaryDividend |
Mar 29, 2021 | $0.105 | OrdinaryDividend |
Feb 24, 2021 | $0.104 | OrdinaryDividend |
Jan 27, 2021 | $0.100 | OrdinaryDividend |
Dec 30, 2020 | $0.096 | OrdinaryDividend |
Dec 01, 2020 | $0.100 | OrdinaryDividend |
Nov 02, 2020 | $0.110 | OrdinaryDividend |
Oct 01, 2020 | $0.100 | OrdinaryDividend |
Sep 01, 2020 | $0.104 | OrdinaryDividend |
Aug 03, 2020 | $0.093 | OrdinaryDividend |
Jul 01, 2020 | $0.117 | OrdinaryDividend |
Jun 01, 2020 | $0.090 | OrdinaryDividend |
May 01, 2020 | $0.080 | OrdinaryDividend |
Apr 01, 2020 | $0.108 | OrdinaryDividend |
Mar 02, 2020 | $0.125 | OrdinaryDividend |
Feb 03, 2020 | $0.080 | OrdinaryDividend |
Dec 30, 2019 | $0.206 | OrdinaryDividend |
PFLD - Fund Manager Analysis
Managers
Rafael Zayas
Start Date
Tenure
Tenure Rank
Jun 23, 2020
1.94
1.9%
Rafael Zayas, CFA, is Senior Vice President, Head of Portfolio Management and Trading at Vident Investment Advisory, LLC since June 2020. Mr. Zayas became SVP, Head of Portfolio Management and Trading in June 2020. From 2017 to 2020, he was a Senior Portfolio Manager – International Equity at Vident and has over 15 years of experience that includes managing international equity portfolios, including in emerging and frontier markets. Prior to joining Vident, he was a Portfolio Manager – Direct Investments for seven years at Russell Investments, a global asset manager, where he co-managed more than $4 billion in quantitative strategies across global markets, including the Russell Strategic Call Overwriting Fund, a mutual fund. Mr. Zayas also helped Russell Investments launch its sponsored ETF initiative and advised on index methodologies. Prior to joining Russell Investments, Mr. Zayas was a Portfolio Manager – Equity Indexing at Mellon Capital Management, where he managed assets for internationally listed global equity ETFs. Mr. Zayas graduated with a B.S. in Electrical Engineering from Cornell University and obtained a Certificate in Computational Finance and Risk Management from the University of Washington. He also attained the Chartered Financial Analyst designation in 2010.
Austin Wen
Start Date
Tenure
Tenure Rank
Jun 23, 2020
1.94
1.9%
Austin Wen, CFA has seven years of investment management experience. Mr. Wen is a Portfolio Manager at Vident, specializing in portfolio management and trading of equity portfolios and commodities based portfolios, as well as risk monitoring and investment analysis. Previously, Mr. Wen was an analyst for Vident Financial, working on the development and review of investment solutions. He began his career as a State Examiner for the Georgia Department of Banking and Finance. Mr. Wen obtained a BA in Finance from the University of Georgia and holds the Chartered Financial Analyst designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 30.32 | 7.8 | 11.42 |