{
 "ticker": "PFF",
 "name": "iShares Preferred and Income Securities ETF",
 "issuer": "iShares",
 "desk": "core",
 "url": "https://etfiq.com/funds/pff",
 "html": "https://etfiq.com/funds/pff",
 "markdown": "https://etfiq.com/funds/pff.md",
 "as_of": "2026-10-28",
 "verdict": "PFF tracks an index of Preferred and Income Securities and returned \u22124.2% over the past year.",
 "lead": "PFF returned \u22124.2% over the year to Oct 28, 2026, charges 0.45% a year and holds $11.8bn in net assets on Oct 27, 2026.",
 "category": {
  "id": "bonds",
  "name": "Bonds",
  "label": "Bond ETFs",
  "url": "https://etfiq.com/bonds/",
  "group": {
   "id": "taxable-bonds",
   "name": "Taxable bonds"
  },
  "segment": {
   "id": "preferred",
   "name": "Preferred stock",
   "url": "https://etfiq.com/bonds/preferred/"
  },
  "status": "classified",
  "as_of": "2026-10-29",
  "method": "https://etfiq.com/methodology/categories"
 },
 "promise": {
  "badge": null,
  "label": "Not measured",
  "category": "bonds",
  "sentence": "no other ETF tracks the index it names, so its tracking cannot be measured",
  "figure": null,
  "unit": null,
  "from": null,
  "to": null,
  "url": "https://etfiq.com/promise-index/bonds/"
 },
 "key_facts": [
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "\u22124.2%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-28",
   "sentence": "PFF, total return, 1 year: \u22124.2%, as of Oct 28, 2026.",
   "cite": {
    "value": "\u22124.2%",
    "as_of": "2026-10-28",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/pff#fact-total-return-1-year",
    "text": "PFF, total return, 1 year: \u22124.2%, as of Oct 28, 2026."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.45%",
   "source": "485BPOS XBRL, Jul 27, 2026",
   "as_of": "2026-07-27",
   "sentence": "PFF, expense ratio: 0.45%, as of Jul 27, 2026.",
   "cite": {
    "value": "0.45%",
    "as_of": "2026-07-27",
    "source": "485BPOS XBRL, Jul 27, 2026",
    "url": "https://etfiq.com/funds/pff#fact-expense-ratio",
    "text": "PFF, expense ratio: 0.45%, as of Jul 27, 2026."
   }
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "453",
   "source": "the issuer\u2019s daily holdings file",
   "as_of": "2026-10-27",
   "sentence": "PFF, holdings: 453, as of Oct 27, 2026.",
   "cite": {
    "value": "453",
    "as_of": "2026-10-27",
    "source": "the issuer\u2019s daily holdings file",
    "url": "https://etfiq.com/funds/pff#fact-holdings",
    "text": "PFF, holdings: 453, as of Oct 27, 2026."
   }
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22127.1%",
   "source": "ETFIQ",
   "as_of": "2026-10-28",
   "sentence": "PFF, below its high: \u22127.1%, as of Oct 28, 2026.",
   "cite": {
    "value": "\u22127.1%",
    "as_of": "2026-10-28",
    "source": "ETFIQ",
    "url": "https://etfiq.com/funds/pff#fact-below-its-high",
    "text": "PFF, below its high: \u22127.1%, as of Oct 28, 2026."
   }
  },
  {
   "key": "12_month_yield_capital_gains_included_on_its_starting_price",
   "label": "12-month yield, capital gains included, on its starting price",
   "value": "5.2%",
   "source": "computed by ETFIQ from Tiingo daily prices and distributions",
   "as_of": "2026-10-28",
   "sentence": "PFF, 12-month yield, capital gains included, on its starting price: 5.2%, as of Oct 28, 2026.",
   "cite": {
    "value": "5.2%",
    "as_of": "2026-10-28",
    "source": "computed by ETFIQ from Tiingo daily prices and distributions",
    "url": "https://etfiq.com/funds/pff#fact-12-month-yield-capital-gains-included-on-its-starting-price",
    "text": "PFF, 12-month yield, capital gains included, on its starting price: 5.2%, as of Oct 28, 2026."
   }
  },
  {
   "key": "last_payment",
   "label": "Last payment (paid monthly), ex-date Oct 1, 2026",
   "value": "$0.1594",
   "source": "Tiingo end-of-day distributions",
   "as_of": "2026-10-01",
   "sentence": "PFF, last payment (paid monthly), ex-date Oct 1, 2026: $0.1594, as of Oct 1, 2026.",
   "cite": {
    "value": "$0.1594",
    "as_of": "2026-10-01",
    "source": "Tiingo end-of-day distributions",
    "url": "https://etfiq.com/funds/pff#fact-last-payment",
    "text": "PFF, last payment (paid monthly), ex-date Oct 1, 2026: $0.1594, as of Oct 1, 2026."
   }
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$11.8bn",
   "source": "the issuer\u2019s own daily fund list, as of Oct 27, 2026",
   "as_of": "2026-10-27",
   "sentence": "PFF, net assets: $11.8bn (the issuer\u2019s own daily fund list, as of Oct 27, 2026).",
   "cite": {
    "value": "$11.8bn",
    "as_of": "2026-10-27",
    "source": "the issuer\u2019s own daily fund list, as of Oct 27, 2026",
    "url": "https://etfiq.com/funds/pff#fact-net-assets",
    "text": "PFF, net assets: $11.8bn (the issuer\u2019s own daily fund list, as of Oct 27, 2026)."
   }
  }
 ],
 "fields": [
  {
   "key": "what_it_tracks",
   "label": "What it tracks",
   "value": "ICE Exchange-Listed Preferred & Hybrid Securities Index",
   "source": null
  },
  {
   "key": "fund_type",
   "label": "Fund type",
   "value": "Equity fund",
   "source": null
  },
  {
   "key": "category",
   "label": "Category",
   "value": "Bonds \u00b7 Preferred stock",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.45%",
   "source": "485BPOS XBRL, Jul 27, 2026"
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$28.76",
   "source": null
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Mar 30, 2007",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$11.8bn",
   "source": "the issuer\u2019s own daily fund list, as of Oct 27, 2026"
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "MSCI USA Index, measured by MLRG, which tracks the same index",
   "source": "ETFIQ, from its filings"
  },
  {
   "key": "benchmark_named_in",
   "label": "Benchmark named in",
   "value": "its shareholder report, N-CSR, Jun 4, 2026",
   "source": null
  },
  {
   "key": "pff_1_year_to_oct_28_2026",
   "label": "PFF, 1 year to Oct 28, 2026",
   "value": "\u22124.2%",
   "source": null
  },
  {
   "key": "mlrg_the_same_days",
   "label": "MLRG, the same days",
   "value": "+13.6%",
   "source": null
  },
  {
   "key": "against_its_benchmark_1_year",
   "label": "Against its benchmark, 1 year",
   "value": "\u221217.8 pts",
   "source": "ETFIQ"
  },
  {
   "key": "below_its_high",
   "label": "Below its high",
   "value": "\u22127.1%",
   "source": "ETFIQ"
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "453",
   "source": null
  },
  {
   "key": "top_ten_weight",
   "label": "Top ten weight",
   "value": "22.7%",
   "source": null
  },
  {
   "key": "holdings_published_for",
   "label": "Holdings published for",
   "value": "Oct 27, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "holdings_as_of_the_close_of",
   "label": "Holdings as of the close of",
   "value": "Oct 27, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "\u22122.2%",
   "Benchmark (MLRG)": "+0.9%",
   "Gap to MLRG": "\u22123.1 pts",
   "S&P 500 (SPY)": "+0.9%"
  },
  {
   "window": "3 months",
   "Total return": "\u22123.0%",
   "Benchmark (MLRG)": "+6.3%",
   "Gap to MLRG": "\u22129.3 pts",
   "S&P 500 (SPY)": "+6.1%"
  },
  {
   "window": "6 months",
   "Total return": "\u22125.1%",
   "Benchmark (MLRG)": "+9.4%",
   "Gap to MLRG": "\u221214.5 pts",
   "S&P 500 (SPY)": "+9.1%"
  },
  {
   "window": "Year to date",
   "Total return": "\u22123.3%",
   "Benchmark (MLRG)": "+14.3%",
   "Gap to MLRG": "\u221217.6 pts",
   "S&P 500 (SPY)": "+14.1%"
  },
  {
   "window": "1 year",
   "Total return": "\u22124.2%",
   "Benchmark (MLRG)": "+13.6%",
   "Gap to MLRG": "\u221217.8 pts",
   "S&P 500 (SPY)": "+13.6%"
  },
  {
   "window": "3 years",
   "Total return": "+21.4%",
   "Benchmark (MLRG)": "+96.2%",
   "Gap to MLRG": "\u221274.8 pts",
   "S&P 500 (SPY)": "+95.0%"
  },
  {
   "window": "5 years",
   "Total return": "\u22121.8%",
   "Benchmark (MLRG)": "+76.5%",
   "Gap to MLRG": "\u221278.3 pts",
   "S&P 500 (SPY)": "+79.8%"
  },
  {
   "window": "10 years",
   "Total return": "+29.9%",
   "Benchmark (MLRG)": "+297.1%",
   "Gap to MLRG": "\u2212267.2 pts",
   "S&P 500 (SPY)": "+325.8%"
  },
  {
   "window": "Since launch",
   "Total return": "+94.6%",
   "Benchmark (MLRG)": "not available",
   "Gap to MLRG": "not available",
   "S&P 500 (SPY)": "+677.0%"
  },
  {
   "window": "Since launch, annualised",
   "Total return": "+3.5%",
   "Benchmark (MLRG)": "\u2013",
   "Gap to MLRG": "\u2013",
   "S&P 500 (SPY)": "\u2013"
  }
 ],
 "questions": [
  {
   "q": "How has PFF performed?",
   "a": "Over the year to Oct 28, 2026, PFF returned \u22124.2% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. Over three years the number is +21.4%."
  },
  {
   "q": "What does PFF cost?",
   "a": "The prospectus expense ratio is 0.45% a year."
  },
  {
   "q": "What does PFF hold?",
   "a": "453 positions as published by its issuer for Oct 27, 2026, with the top ten at 22.7% of the fund. 0% of its weight is in stocks the S&P 500 also holds."
  },
  {
   "q": "How far is PFF below its high?",
   "a": "7.1% below its high of May 8, 2026, measured on the reinvested series to Oct 28, 2026."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "52-week high, daily closes to Oct 28, 2026",
   "value": "$31.94 on Jan 22, 2026",
   "as_of": "2026-01-22",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 31.94,
   "window": {
    "from": "2025-10-29",
    "to": "2026-10-28"
   }
  },
  {
   "key": "low52",
   "label": "52-week low, daily closes to Oct 28, 2026",
   "value": "$28.72 on Oct 26, 2026",
   "as_of": "2026-10-26",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 28.72,
   "window": {
    "from": "2025-10-29",
    "to": "2026-10-28"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Oct 28, 2026, within that range",
   "value": "$28.76, 1% of the way from the low to the high",
   "as_of": "2026-10-28",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 28.76
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "453",
   "as_of": "2026-10-28",
   "source": null
  },
  {
   "key": "top10",
   "label": "Top ten weight",
   "value": "22.7%",
   "as_of": "2026-10-28",
   "source": null
  }
 ],
 "trading": {
  "as_of": "2026-10-27",
  "score": 90,
  "tier": "Trades like a giant",
  "status": "scored",
  "lines": [
   "IQ Liquidity Score 90, Trades like a giant, 73rd percentile of 200 bonds ETFs.",
   "Trades like a giant: trades at a typical spread of 0.03%.",
   "$1,000: at least $0.17, 0.017%, one way, half a one-cent tick.",
   "$10,000: at least $1.73, 0.017%, one way, half a one-cent tick.",
   "Full cost to own, 1 year at $10,000: 0.57%, against 0.45% for the fee alone.",
   "Premium to NAV at the Oct 27 close: +0.07%; 95% of days within \u00b10.25%.",
   "Limit: midpoint + 1\u00a2 to buy, midpoint \u2212 1\u00a2 to sell. At the Oct 27 close of $28.82, that\u2019s $28.83 to buy and $28.81 to sell."
  ],
  "page": "https://etfiq.com/funds/pff/trading/"
 },
 "flows": {
  "as_of": "2026-10-23",
  "coverage": "daily",
  "computed_by": "ETFIQ, from the change in shares outstanding times the previous day\u2019s NAV",
  "method": "https://etfiq.com/methodology/flows",
  "data": "https://etfiq.com/data/flows/funds/pff.json",
  "windows": [
   {
    "window": "1 week",
    "from": "2026-10-21",
    "to": "2026-10-23",
    "net_flow_usd": -47564669,
    "net_flow": "\u2212$47.6m",
    "round_trip_usd": 0,
    "days_counted": 3,
    "trading_days": 3
   },
   {
    "window": "1 month",
    "from": "2026-09-28",
    "to": "2026-10-23",
    "net_flow_usd": -193770832,
    "net_flow": "\u2212$194m",
    "round_trip_usd": 0,
    "days_counted": 20,
    "trading_days": 20
   },
   {
    "window": "3 months",
    "from": "2026-07-28",
    "to": "2026-10-23",
    "net_flow_usd": -665121744,
    "net_flow": "\u2212$665m",
    "round_trip_usd": 0,
    "days_counted": 63,
    "trading_days": 63
   },
   {
    "window": "Year to date",
    "from": "2026-01-02",
    "to": "2026-10-23",
    "net_flow_usd": -1250552914,
    "net_flow": "\u2212$1.3bn",
    "round_trip_usd": 0,
    "days_counted": 204,
    "trading_days": 204
   },
   {
    "window": "1 year",
    "from": "2025-10-28",
    "to": "2026-10-23",
    "net_flow_usd": -1593742815,
    "net_flow": "\u2212$1.6bn",
    "round_trip_usd": 0,
    "days_counted": 249,
    "trading_days": 249
   }
  ]
 },
 "generated": "2026-10-29",
 "license": "https://etfiq.com/license/",
 "license_text": "Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, PFF, bond fund, data as of Oct 28, 2026. https://etfiq.com/funds/pff"
}