PFF ranks 2nd and GPRF 10th of 31 funds in the Preferred Securities Category.
GPRF vs PFF
Same figure. Both funds show the same value, so neither comes out ahead.
0.45%0.45%
PFF 119.4×the volume
25.5K3.04M
GPRF vs PFF Performance
−1.3%−3.8%
- GPRF 0.45%
- PFF 0.45%
- GPRF $167M
- PFF $11.7B
- GPRF −1.3%, better
- PFF −3.8%
- GPRF 5.87%, better
- PFF 5.73%
- GPRF 538
- PFF 452
- GPRF 25.5K sh
- PFF 3.04M sh, better
- GPRF $47.79
- PFF $28.50
ETF.net Grade
| Pillar | GPRF | PFF |
|---|---|---|
| Cost | A73 | A73 |
| Mission | C48 | A80Higher |
| Risk | C51Higher | D30 |
| Tradability | C45 | A92Higher |
| Holdings | A82Higher | B64 |
| Durability | C43 | A97Higher |
Rank among Preferred Securities funds
Same Category. GPRF and PFF are both graded against the same 31 Preferred Securities funds, so their Grades compare head to head.
Our read on each fund
GPRFB
PFFA
In short
GPRF Goldman's 2024 entry into preferred stock: roughly 400 U.S. preferreds and hybrids, the slice of the market that sits between bonds and common shares, bundled at 0.45% a year and paid out monthly.
PFF Preferred stock is a clumsy market to shop one issue at a time. PFF, running since 2007, bundles roughly 500 US dollar preferreds and hybrids into a single heavily traded ticker and pays out monthly.
Stated mandate
GPRF Invests primarily in U.S. preferred stocks and hybrid securities.
PFF The fund seeks to track an index of U.S. dollar-denominated preferred and hybrid securities, providing exposure to preferred stock and subordinated debt with an income-oriented mandate.
Why people hold it
Worth knowing
GPRF vs PFF Holdings
How we measure overlap
Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.
GPRF vs PFF Cost
Same expense ratio
$9,041
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
GPRF 0.45%
$9,041
PFF 0.45%
$9,041
Cost over time
Year by year
| Year | GPRF | PFF |
|---|---|---|
| 10 | $812 | $812 |
| 20 | $3,128 | $3,128 |
| 30 | $9,041 | $9,041 |
- 0.45%GPRF
- 0.45%PFF
- Middle half of Preferred Securities funds
- Median 0.50%
GPRF 6th cheapest of 31 funds
PFF 6th cheapest of 31 funds
GPRF vs PFF Dividends
- GPRF 5.87%, better
- PFF 5.73%
- GPRF $2.81
- PFF $1.63
- GPRF $0.27
- PFF $0.16
- GPRF Oct 1, 2026
- PFF Oct 1, 2026
- GPRF Oct 7, 2026
- PFF Oct 6, 2026
- GPRF Monthly
- PFF Monthly
Distribution history
GPRF vs PFF Risk
Fall from peak · 5 years
Risk facts
- Volatility
- GPRF 4.1%PFF 8.5%
- Return per unit of risk
- GPRF −0.41PFF 0.22
- Worst fall
- GPRF −4.4%PFF −21.1%
- Market sensitivity
- GPRF 0.24PFF 0.97
GPRF and PFF in the news
Popular comparisons
- 0.45% · 0.23%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.45% · 0.23%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.45% · 0.39%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.45% · 0.39%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.45% · 0.25%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.45% · 0.25%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

