PFFiShares Preferred and Income Securities ETF
Dividend & Income ETF · iShares
Holdings as of Mar 31, 2026
PFF is a Dividend & Income ETF from iShares holding 455 positions as of Mar 31, 2026, with $13.3B in assets and a 0.45% net expense ratio. Its largest positions are Boeing Co. 6% SER A DEP SHS REPSTG 1/20TH INT MANDATORY CONV PFD (4.0%), Oracle Corp. DEPOSITARY SHARES EACH REPRESENTING A 1/2,000TH INTEREST IN A SHARE OF 6.50% SERIES D MANDATORY CONVERTIBLE PREFERRED STOCK (2.4%) and Wells Fargo & Co. 7.5% NON-CUMULATIVE PERPETUAL CONVERTIBLE CLASS A PREFERRED STOCK, SERIES L (2.3%); the top 10 holdings account for 18.1% of the portfolio. It yields 5.41% on a trailing-12-month basis.
- Issuer
- iShares
- Holdings
- 4552.5% cash, collateral & derivative positions excluded
- Net Assets
- $13.3BETF assets as of 2026-08-10
- Expense Ratio
- 0.45%per latest SEC prospectus filing
- TTM Yield
- 5.41%trailing 12-month distributions
Performance
- 1M
- +0.9%
- YTD
- +1.9%
- 1Y
- +4.1%
- 3Y (ann.)
- +6.2%
- 5Y (ann.)
- +0.8%
- 10Y (ann.)
- +3.0%
A $10,000 investment 10 years ago would be worth $13,426 today at the 10Y annualized rate. This is a backward-looking illustration, not a forecast. Project its future growth →
Total returns including dividends as of 2026-08-07. 3Y/5Y/10Y annualized. Past performance does not predict future results.
Top 25 Holdings
| # | Holding | Weight |
|---|---|---|
| 1 | Boeing Co. 6% SER A DEP SHS REPSTG 1/20TH INT MANDATORY CONV PFD | 3.98% |
| 2 | Oracle Corp. DEPOSITARY SHARES EACH REPRESENTING A 1/2,000TH INTEREST IN A SHARE OF 6.50% SERIES D MANDATORY CONVERTIBLE PREFERRED STOCK | 2.40% |
| 3 | Wells Fargo & Co. 7.5% NON-CUMULATIVE PERPETUAL CONVERTIBLE CLASS A PREFERRED STOCK, SERIES L | 2.29% |
| 4 | Albemarle Corp DEPOSITARY SHARES EACH REPRESENTING A 1/20TH INTEREST IN A SHARE OF 7.25% SERIES A MANDATORY CONVERTIBLE PREFERRED STOCK | 1.76% |
| 5 | Strategy Inc. VARIABLE RATE SERIES A PERPETUAL STRETCH PREFERRED STOCK | 1.49% |
| 6 | Citigroup Capital XIII FIXED/FLOAT TRUST PREFERRED SECURITIES | 1.41% |
| 7 | Bank of America Corp. 7.25% NON-CUMULATIVE PERPETUAL CONVERTIBLE PREFERRED STOCK SERIES L | 1.35% |
| 8 | NEE 7.299 06/01/27 | 1.19% |
| 9 | KKR & Co Inc. 6.25% SERIES D MANDATORY CONVERTIBLE PREFERRED STOCK | 1.11% |
| 10 | Southern Co. (The), Series A, Conv. Pfd. | 1.10% |
| 11 | Hewlett Packard Enterprise Co. 7.625% SERIES C MANDATORY CONVERTIBLE PREFERRED STOCK | 1.03% |
| 12 | JPMorgan Chase & Co. DEPOSITARY SHARES EACH REP 1/400TH INTEREST IN A SHARE OF JP MORGAN CHASE & CO 6% NON CUM PFD STOCK SER EE | 0.98% |
| 13 | Microchip Technology Incorporated 7.50 % DEP SHS REPSTG 1/20TH PFD CONV SER A | 0.90% |
| 14 | Apollo Global Management Inc 6.75% SERIES A MANDATORY CONVERTIBLE PREFERRED STOCK | 0.90% |
| 15 | JPMorgan Chase & Co. 5.75% DEP SHS REP 1/400TH INT SHS NON CUM PFD STK SER DD | 0.88% |
| 16 | NEE 7.234 11/01/27 | 0.84% |
| 17 | Wells Fargo & Co. DEPOSITARY SHARES, EACH REPRESENTING A 1/1,000TH INTEREST IN A SHARE OF NON-CUMULATIVE PERPETUAL CLASS A PREFERRED STOCK, SERIES Z | 0.76% |
| 18 | JPMorgan Chase & Co. DEPOSITARY SHARES, EACH REPRESENTING A 1/400TH INTEREST IN A SHARE OF JPMORGAN CHASE & CO. 4.625% NON-CUMULATIVE PREFERRED STOCK, | 0.75% |
| 19 | JPMorgan Chase & Co. DEPOSITARY SHARES, EACH REPRESENTING A 1/400TH INTEREST IN A SHARE OF JPMORGAN CHASE & CO. 4.20% NON-CUMULATIVE PREFERRED STOCK, | 0.75% |
| 20 | PG&E Corporation 6% SER A MAND CONV PFD STK | 0.74% |
| 21 | AT&T Inc DEPOSITARY SHARES, EACH REPRESENTING A 1/1000TH INTEREST IN A SHARE OF 4.750% PERPETUAL PREFERRED STOCK, SERIES C | 0.69% |
| 22 | Strategy Inc. 10.00% SERIES A PERPETUAL STRIFE PREFERRED STOCK | 0.64% |
| 23 | BTSG 6.75 02/01/27 | 0.61% |
| 24 | JPMorgan Chase & Co. DEPOSITARY SHARES, EACH REPRESENTING A 1/400TH INTEREST IN A SHARE OF JPMORGAN CHASE & CO. 4.55% NON-CUMULATIVE PREFERRED STOCK, | 0.60% |
| 25 | AT&T Inc 5.350% GLOBAL NOTES DUE 2066 | 0.60% |
Showing the top 25 of 455 holdings. See the full PFF holdings list →
PFF alternatives
The closest Dividend & Income ETFs to PFF by portfolio overlap — the share of weight both funds hold in the same securities.
| Fund | Overlap | Expense | Assets | |
|---|---|---|---|---|
 PGXInvesco Preferred ETF | 53% | 0.5%pricier | $3.8B | Compare → |
 FPEFirst Trust Preferred Securities and Income ETF | 15% | 0.83%pricier | $6.3B | Compare → |
 VRPInvesco Variable Rate Preferred ETF | 12% | 0.5%pricier | $3.0B | Compare → |
Frequently Asked Questions
What is PFF's expense ratio?
PFF has a net expense ratio of 0.45%, per its latest SEC prospectus filing. That works out to about $45 a year on a $10,000 investment.
How many holdings does PFF have?
PFF held 455 positions as of Mar 31, 2026, per its latest official holdings data. Cash, collateral and derivative positions (2.5% of portfolio weight) are excluded from that count.
What are PFF's top 10 holdings?
PFF's largest positions are Boeing Co. 6% SER A DEP SHS REPSTG 1/20TH INT MANDATORY CONV PFD (4.0%), Oracle Corp. DEPOSITARY SHARES EACH REPRESENTING A 1/2,000TH INTEREST IN A SHARE OF 6.50% SERIES D MANDATORY CONVERTIBLE PREFERRED STOCK (2.4%), Wells Fargo & Co. 7.5% NON-CUMULATIVE PERPETUAL CONVERTIBLE CLASS A PREFERRED STOCK, SERIES L (2.3%), Albemarle Corp DEPOSITARY SHARES EACH REPRESENTING A 1/20TH INTEREST IN A SHARE OF 7.25% SERIES A MANDATORY CONVERTIBLE PREFERRED STOCK (1.8%), Strategy Inc. VARIABLE RATE SERIES A PERPETUAL STRETCH PREFERRED STOCK (1.5%), Citigroup Capital XIII FIXED/FLOAT TRUST PREFERRED SECURITIES (1.4%), Bank of America Corp. 7.25% NON-CUMULATIVE PERPETUAL CONVERTIBLE PREFERRED STOCK SERIES L (1.3%), NEE 7.299 06/01/27 (1.2%), KKR & Co Inc. 6.25% SERIES D MANDATORY CONVERTIBLE PREFERRED STOCK (1.1%), Southern Co. (The), Series A, Conv. Pfd. (1.1%). Together they account for 18.1% of the portfolio.
What is PFF's dividend yield?
PFF yields 5.41% based on its trailing 12-month distributions, as of Aug 7, 2026.
How big is PFF?
PFF has $13.3B in assets as of Aug 10, 2026.
What are good alternatives to PFF?
By portfolio overlap, the closest Dividend & Income ETFs to PFF are PGX (53% overlap), FPE (15% overlap), VRP (12% overlap). Overlap measures the share of portfolio weight both funds hold in the same securities.