InfraCap REIT Preferred ETF
$16.97−0.18 (−1.08%)
- Expense ratio
- 0.45%
- Fund size
- $118M
- 1Y return
- −2.3%
- Yield · Last 12 months
- 8.57%
- Holdings
- 110
- Volume · 30D
- 0M sh
- NAV per share
- $17.10
- 52W range
The ETF.net PFFR Grade
Score 44 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 75Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.DScore 32Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 25Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 26Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 31Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 56Category rank
Our read on PFFR
CMost real estate ETFs buy the landlords' common stock. PFFR buys their preferred shares instead: an index of roughly 110 US-listed REIT preferreds, income-driven by design, paid out monthly.
The Fund seeks to track, before fees and expenses, the price and yield performance of the Indxx REIT Preferred Stock Index.
Why people hold it
- A pure play on one narrow layer of the capital stack: normally at least 90% of assets in preferred securities issued by REITs and listed on US exchanges. Broad REIT funds skip this layer.
- Rules-based, not a manager's hunch. It tracks the Indxx REIT Preferred Stock Index, so what's inside follows a published methodology.
- Distributions arrive monthly, and the fund has been trading since 2017, so there's a real-world record behind it rather than a backtest.
Worth knowing
- 0.45% a year sits above the real estate cohort median of 0.37%, and plain REIT trackers like SCHH (0.07%) and VNQ (0.13%) cost a fraction of it.
- Thinly traded compared with mainstream real estate ETFs, so spreads and order type matter more here than with the household names.
- Preferreds act more like bonds than landlord equity: they rank above common stock but behind a REIT's lenders, and interest rates drive them as much as property values do.
PFFR Holdings
- Other
- 110
- 23%
- UMH-PD
Sectors
- Real Estate94.1%
- Financials5.9%
Geography
- United States98.51%
- Bermuda1.49%
PFFR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PFFR |
|---|---|
| Year to date | +1.1% |
| 1 month | −1.0% |
| 3 months | −1.0% |
| 1 year | −2.3% |
| 3 years | +7.8% |
| 5 years | +0.7% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PFFR |
|---|---|---|
| 2026 YTD | +1.1% | |
| 2025 | +5.4% | |
| 2024 | +7.1% | |
| 2023 | +21.0% | |
| 2022 | −23.9% | |
| 2021 | +6.8% | |
| 2020 | +0.2% |
PFFR in the news
ETF.net Research hasn’t filed on PFFR yet — coverage lands here as it’s written.
PFFR Dividends
- 8.57%
- $1.47
- $0.12 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 28, 2026 | $0.12 |
| Aug 20, 2026 | Aug 27, 2026 | $0.12 |
| Jul 20, 2026 | Jul 27, 2026 | $0.12 |
| Jun 22, 2026 | Jun 29, 2026 | $0.12 |
| May 20, 2026 | May 27, 2026 | $0.12 |
| Apr 20, 2026 | Apr 27, 2026 | $0.12 |
| Mar 20, 2026 | Mar 27, 2026 | $0.12 |
| Feb 20, 2026 | Feb 27, 2026 | $0.12 |
| Jan 20, 2026 | Jan 27, 2026 | $0.12 |
| Dec 22, 2025 | Dec 29, 2025 | $0.12 |
| Nov 20, 2025 | Nov 28, 2025 | $0.12 |
| Oct 20, 2025 | Oct 27, 2025 | $0.12 |
PFFR Risk
- 9.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.39
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −29.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.06
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PFFR Cost
- The middle half of Preferred Securities funds
- Median 0.50%
5 of the 31 Preferred Securities funds charge less.