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Bullboard - Stock Discussion Forum
VanEck Preferred Securities ex Financials ETF
PFXF
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Wells Fargo Hybrid and Preferred Securities ex Financials Index (the Preferred Securities Index). The fund normally invests at least 80% of its total assets in securities that comprise the funds benchmark index. The index is comprised of convertible or exchangeable and non...
-convertible preferred securities listed on U.S. exchanges. The fund is non-diversified.
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