ducovest

PGF:ARCA-PowerShares Financial Preferred (USD)

ETF | Preferred Stock | NYSE Arca

Last Closing

USD 15.32

Change

+0.13 (+0.86)%

Market Cap

USD 1.66B

Volume

0.32M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the Wells Fargo? Hybrid & Preferred Securities Financial Index. The fund generally will invest at least 90% of its total assets in preferred securities of financial institutions that comprise the underlying index. The underlying index is a market capitalization weighted index designed to track the performance of preferred securities traded in the U.S. market by financial institutions. The fund is non-diversified.

Company Website : www.invescopowershares.com

Currency: USD

Country : USA

Inception Date: 01/12/2006

Primary Benchmark: Wells Fargo Hybrid&Pref Secs Finc TR USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.63%

Management Expense Ratio: 0.62 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-27 )

Largest Industry Peers for Preferred Stock

Symbol Name Mer Price(Change) Market Cap
FPE First Trust Preferred Securiti.. 0.85 %

N/A

 USD 5.22B
PGX Invesco Preferred ETF 0.50 %

N/A

 USD 4.27B
VRP Invesco Variable Rate Preferre.. 0.50 %

N/A

 USD 1.59B
PFXF VanEck Preferred Securities ex.. 0.41 %

N/A

 USD 1.58B
FPEI First Trust Institutional Pref.. 0.85 %

N/A

 USD 1.28B
PFFA Virtus InfraCap U.S. Preferred.. 2.13 %

N/A

 USD 0.87B
PREF Principal Spectrum Preferred S.. 0.55 %

N/A

 USD 0.84B
PSK SPDR® ICE Preferred Securitie.. 0.45 %

N/A

 USD 0.79B
SPFF Global X SuperIncome Preferred.. 0.58 %

N/A

 USD 0.15B
PFFR ETFis Series Trust I - InfraCa.. 0.45 %

N/A

 USD 0.08B

ETFs Containing PGF

FFIU Fieldstone UVA Unconstrai.. 0.00 % 0.45 %

N/A

 USD 0.04B

Market Performance

  Market Performance vs. Industry/Classification (Preferred Stock) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 5.08% 100% F 59% D-
Dividend Return 1.53% 91% A- 73% C
Total Return 6.61% 100% F 62% D
Trailing 12 Months  
Capital Gain 5.80% 45% F 45% F
Dividend Return 6.26% 45% F 76% C+
Total Return 12.06% 45% F 48% F
Trailing 5 Years  
Capital Gain -16.10% 55% F 27% F
Dividend Return 15.91% 27% F 61% D-
Total Return -0.19% 36% F 27% F
Average Annual (5 Year Horizon)  
Capital Gain -5.70% 45% F 18% F
Dividend Return -2.58% 36% F 18% F
Total Return 3.12% 18% F 63% D
Risk Return Profile  
Volatility (Standard Deviation) 8.64% 82% B 83% B
Risk Adjusted Return -29.83% 18% F 13% F
Market Capitalization 1.66B 55% F 54% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.