PFF ETF — iShares Preferred and Income Securities ETF
iShares Preferred and Income Securities ETF (PFF)
Updated October 12, 2026.
PFF is an ETF that tracks the ICE Exchange-Listed Preferred & Hybrid Securities Index. its distribution rate is 6.55%, its trailing-12-month yield is 5.59%, its expense ratio is 0.45%. Dividend Vision Distribution Safety Score™ is 77/100 (Generally safe). Total return is 97.3% over the past 19.5 years, 585.1 points behind SPY at 682.4%.
PFF dividend yield and income
Price as of 2026-10-12.
The distribution rate (6.55%) uses calculation basis unavailable. Trailing-12-month yield (5.59%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.15941. The ex-dividend date is 10/01/2026. The payment date is 10/06/2026.
| Ex-date | Amount | Change from previous payment |
|---|---|---|
| 2026-10-01 | $0.15941 | 8.3% Unclassified cash |
| 2026-09-01 | $0.14724 | 3.5% Unclassified cash |
| 2026-08-03 | $0.14231 | 0.4% Unclassified cash |
| 2026-07-01 | $0.14174 | 2.4% Unclassified cash |
| 2026-06-01 | $0.1384 | -1.4% Unclassified cash |
| 2026-05-01 | $0.14032 | -1.2% Unclassified cash |
| 2026-04-01 | $0.14197 | 355.5% Unclassified cash |
| 2026-03-02 | $0.03117 | -82.4% Unclassified cash |
| 2026-02-02 | $0.17723 | N/A |
| 2025-12-19 | $0.06588 | -62.5% Unclassified cash |
| 2025-12-01 | $0.17555 | 2.8% Unclassified cash |
| 2025-11-03 | $0.17071 | -0.0% Unclassified cash |
| 2025-10-01 | $0.17073 | 6.2% Unclassified cash |
| 2025-09-02 | $0.16074 | -0.9% Unclassified cash |
| 2025-08-01 | $0.16213 | -6.7% Unclassified cash |
| 2025-07-01 | $0.17369 | -0.5% Unclassified cash |
| 2025-06-02 | $0.17458 | 0.3% Unclassified cash |
| 2025-05-01 | $0.17413 | 0.9% Unclassified cash |
| 2025-04-01 | $0.1725 | -0.3% Unclassified cash |
| 2025-03-03 | $0.17307 | -1.4% Unclassified cash |
| 2025-02-03 | $0.17546 | N/A |
| 2024-12-18 | $0.17668 | N/A |
| 2024-12-02 | $0.16486 | -0.3% Unclassified cash |
| 2024-11-01 | $0.16533 | -0.1% Unclassified cash |
| 2024-10-01 | $0.16545 | 1.4% Unclassified cash |
| 2024-09-03 | $0.16321 | 1.6% Unclassified cash |
| 2024-08-01 | $0.16061 | -2.1% Unclassified cash |
| 2024-07-01 | $0.16399 | 0.3% Unclassified cash |
| 2024-06-03 | $0.16342 | 2.4% Unclassified cash |
| 2024-05-01 | $0.15965 | 2.2% Unclassified cash |
| 2024-04-01 | $0.15615 | -8.3% Unclassified cash |
| 2024-03-01 | $0.17031 | -3.5% Unclassified cash |
| 2024-02-01 | $0.17648 | N/A |
| 2023-12-14 | $0.19266 | N/A |
| 2023-12-01 | $0.17522 | 1.3% Unclassified cash |
| 2023-11-01 | $0.17303 | 7.6% Unclassified cash |
| 2023-10-02 | $0.16079 | 4.4% Unclassified cash |
| 2023-09-01 | $0.15403 | -2.0% Unclassified cash |
| 2023-08-01 | $0.15718 | -0.7% Unclassified cash |
| 2023-07-03 | $0.15831 | -4.1% Unclassified cash |
| 2023-06-01 | $0.16507 | -3.2% Unclassified cash |
| 2023-05-01 | $0.17059 | -7.9% Unclassified cash |
| 2023-04-03 | $0.18518 | -2.5% Unclassified cash |
| 2023-03-01 | $0.18997 | 2.1% Unclassified cash |
| 2023-02-01 | $0.18615 | N/A |
| 2022-12-15 | $0.237 | N/A |
| 2022-12-01 | $0.17219 | 1.3% Unclassified cash |
| 2022-11-01 | $0.16996 | 0.4% Unclassified cash |
| 2022-10-03 | $0.16936 | 12.3% Unclassified cash |
| 2022-09-01 | $0.15087 | -8.1% Unclassified cash |
| 2022-08-01 | $0.16413 | 23.8% Unclassified cash |
| 2022-07-01 | $0.13259 | -9.2% Unclassified cash |
| 2022-06-01 | $0.14603 | 19.2% Unclassified cash |
| 2022-05-02 | $0.12251 | -10.1% Unclassified cash |
| 2022-04-01 | $0.13629 | 11.9% Unclassified cash |
| 2022-03-01 | $0.12182 | 8.5% Unclassified cash |
| 2022-02-01 | $0.11224 | N/A |
| 2021-12-16 | $0.12604 | N/A |
| 2021-12-01 | $0.12349 | -9.7% Unclassified cash |
| 2021-11-01 | $0.13675 | -8.0% Unclassified cash |
| 2021-10-01 | $0.14864 | -2.1% Unclassified cash |
| 2021-09-01 | $0.15179 | 0.8% Unclassified cash |
| 2021-08-02 | $0.15055 | -2.3% Unclassified cash |
| 2021-07-01 | $0.15408 | -1.5% Unclassified cash |
| 2021-06-01 | $0.15642 | 0.1% Unclassified cash |
| 2021-05-03 | $0.15632 | 3.2% Unclassified cash |
| 2021-04-01 | $0.1515 | 0.8% Unclassified cash |
| 2021-03-01 | $0.15023 | 0.3% Unclassified cash |
| 2021-02-01 | $0.14971 | N/A |
| 2020-12-17 | $0.06146 | N/A |
| 2020-12-01 | $0.14808 | -2.3% Unclassified cash |
| 2020-11-02 | $0.15156 | -3.7% Unclassified cash |
| 2020-10-01 | $0.15745 | -1.7% Unclassified cash |
| 2020-09-01 | $0.16022 | -1.9% Unclassified cash |
| 2020-08-03 | $0.16334 | -2.5% Unclassified cash |
| 2020-07-01 | $0.16749 | -1.0% Unclassified cash |
| 2020-06-01 | $0.1691 | -0.4% Unclassified cash |
| 2020-05-01 | $0.16972 | -2.0% Unclassified cash |
| 2020-04-01 | $0.17323 | 8.0% Unclassified cash |
| 2020-03-02 | $0.16034 | -2.1% Unclassified cash |
| 2020-02-03 | $0.16376 | N/A |
| 2019-12-19 | $0.15496 | N/A |
| 2019-12-02 | $0.16419 | -1.0% Unclassified cash |
| 2019-11-01 | $0.16591 | 4.3% Unclassified cash |
| 2019-10-01 | $0.15913 | -0.7% Unclassified cash |
| 2019-09-03 | $0.16028 | -3.0% Unclassified cash |
| 2019-08-01 | $0.16531 | 2.6% Unclassified cash |
| 2019-07-02 | $0.16119 | -3.3% Unclassified cash |
| 2019-06-03 | $0.16669 | -3.1% Unclassified cash |
| 2019-05-02 | $0.17198 | -4.7% Unclassified cash |
| 2019-04-01 | $0.18043 | 1.2% Unclassified cash |
| 2019-03-01 | $0.17825 | 5.3% Unclassified cash |
| 2019-02-01 | $0.16935 | N/A |
| 2018-12-18 | $0.25755 | N/A |
| 2018-12-03 | $0.15617 | -0.2% Unclassified cash |
| 2018-11-01 | $0.15648 | -1.7% Unclassified cash |
| 2018-10-01 | $0.15916 | -1.0% Unclassified cash |
| 2018-09-04 | $0.16075 | -8.8% Unclassified cash |
| 2018-08-01 | $0.17621 | -9.2% Unclassified cash |
| 2018-07-03 | $0.19404 | 0.1% Unclassified cash |
| 2018-06-01 | $0.19389 | 7.4% Unclassified cash |
| 2018-05-01 | $0.18045 | 8.8% Unclassified cash |
| 2018-04-02 | $0.16585 | -3.8% Unclassified cash |
| 2018-03-01 | $0.17239 | -8.9% Unclassified cash |
| 2018-02-01 | $0.1893 | N/A |
| 2017-12-21 | $0.09917 | -48.5% Unclassified cash |
| 2017-12-01 | $0.19248 | 0.9% Unclassified cash |
| 2017-11-01 | $0.19085 | 9.0% Unclassified cash |
| 2017-10-02 | $0.17508 | -1.3% Unclassified cash |
| 2017-09-01 | $0.17733 | 0.3% Unclassified cash |
| 2017-08-01 | $0.17675 | -1.0% Unclassified cash |
| 2017-07-06 | $0.17853 | -1.4% Unclassified cash |
| 2017-06-01 | $0.18115 | -2.3% Unclassified cash |
| 2017-05-02 | $0.18536 | -2.8% Unclassified cash |
| 2017-04-03 | $0.19062 | -0.2% Unclassified cash |
| 2017-03-01 | $0.19103 | -0.2% Unclassified cash |
| 2017-02-01 | $0.19144 | N/A |
| 2016-12-22 | $0.20323 | 11.5% Unclassified cash |
| 2016-12-01 | $0.18234 | 1.9% Unclassified cash |
| 2016-11-01 | $0.17893 | 6.6% Unclassified cash |
| 2016-10-03 | $0.16792 | -1.6% Unclassified cash |
| 2016-09-01 | $0.17073 | -4.7% Unclassified cash |
| 2016-08-02 | $0.17924 | 3.4% Unclassified cash |
| 2016-07-06 | $0.17335 | -1.9% Unclassified cash |
| 2016-06-01 | $0.17663 | -2.9% Unclassified cash |
| 2016-05-02 | $0.18197 | -5.3% Unclassified cash |
| 2016-04-01 | $0.19222 | -2.4% Unclassified cash |
| 2016-03-01 | $0.19695 | 12.8% Unclassified cash |
| 2016-02-01 | $0.17453 | -45.1% Unclassified cash |
| 2015-12-24 | $0.31779 | 97.4% Unclassified cash |
| 2015-12-01 | $0.16102 | 6.9% Unclassified cash |
| 2015-11-02 | $0.15056 | -11.7% Unclassified cash |
| 2015-10-01 | $0.17056 | -1.4% Unclassified cash |
| 2015-09-01 | $0.17304 | -6.7% Unclassified cash |
| 2015-08-04 | $0.18544 | 1.8% Unclassified cash |
| 2015-07-02 | $0.18224 | 0.5% Unclassified cash |
| 2015-06-01 | $0.18129 | -1.3% Unclassified cash |
| 2015-05-01 | $0.18377 | 4.6% Unclassified cash |
| 2015-04-01 | $0.17571 | 3.4% Unclassified cash |
| 2015-03-02 | $0.16986 | -9.4% Unclassified cash |
| 2015-02-02 | $0.18758 | -50.3% Unclassified cash |
| 2014-12-24 | $0.37751 | 109.1% Unclassified cash |
| 2014-12-01 | $0.18057 | -4.2% Unclassified cash |
| 2014-11-03 | $0.18858 | -1.0% Unclassified cash |
| 2014-10-01 | $0.19046 | -0.1% Unclassified cash |
| 2014-09-02 | $0.19068 | -1.0% Unclassified cash |
| 2014-08-01 | $0.19265 | 5.2% Unclassified cash |
| 2014-07-01 | $0.18308 | 0.1% Unclassified cash |
| 2014-06-02 | $0.1829 | -4.4% Unclassified cash |
| 2014-05-01 | $0.19129 | -1.2% Unclassified cash |
| 2014-04-01 | $0.19362 | -11.9% Unclassified cash |
| 2014-03-03 | $0.21981 | 9.9% Unclassified cash |
| 2014-02-03 | $0.20003 | -67.4% Unclassified cash |
| 2013-12-26 | $0.61408 | 160.1% Unclassified cash |
| 2013-12-02 | $0.23608 | 54.7% Unclassified cash |
| 2013-11-01 | $0.15259 | 2.0% Unclassified cash |
| 2013-10-01 | $0.14963 | -4.4% Unclassified cash |
| 2013-09-03 | $0.15655 | -3.1% Unclassified cash |
| 2013-08-01 | $0.16163 | 2.0% Unclassified cash |
| 2013-07-01 | $0.15843 | -3.5% Unclassified cash |
| 2013-06-03 | $0.16424 | -5.0% Unclassified cash |
| 2013-05-01 | $0.17289 | -0.9% Unclassified cash |
| 2013-04-01 | $0.17452 | 74.4% Unclassified cash |
| 2013-03-01 | $0.10005 | -47.8% Unclassified cash |
| 2013-02-01 | $0.19153 | -26.2% Unclassified cash |
| 2012-12-26 | $0.2597 | 34.0% Unclassified cash |
| 2012-12-03 | $0.19381 | -8.2% Unclassified cash |
| 2012-11-01 | $0.21114 | 4.0% Unclassified cash |
| 2012-10-01 | $0.20296 | -3.2% Unclassified cash |
| 2012-09-04 | $0.20971 | 0.1% Unclassified cash |
| 2012-08-01 | $0.20957 | 2.1% Unclassified cash |
| 2012-07-02 | $0.20535 | 1.5% Unclassified cash |
| 2012-06-01 | $0.20239 | 14.6% Unclassified cash |
| 2012-05-01 | $0.17662 | -5.7% Unclassified cash |
| 2012-04-02 | $0.18735 | 26.0% Unclassified cash |
| 2012-03-01 | $0.14872 | -15.3% Unclassified cash |
| 2012-02-01 | $0.17563 | -3.8% Unclassified cash |
| 2011-12-27 | $0.18255 | 1.6% Unclassified cash |
| 2011-12-01 | $0.17963 | -12.5% Unclassified cash |
| 2011-11-01 | $0.2054 | 2.1% Unclassified cash |
| 2011-10-03 | $0.20108 | -3.0% Unclassified cash |
| 2011-09-01 | $0.20732 | -2.4% Unclassified cash |
| 2011-08-01 | $0.21233 | -1.5% Unclassified cash |
| 2011-07-01 | $0.21554 | 2.0% Unclassified cash |
| 2011-06-01 | $0.21124 | 2.1% Unclassified cash |
| 2011-05-02 | $0.20691 | -3.8% Unclassified cash |
| 2011-04-01 | $0.21507 | -6.2% Unclassified cash |
| 2011-03-01 | $0.2293 | 4.1% Unclassified cash |
| 2011-02-01 | $0.22031 | 1.0% Unclassified cash |
| 2010-12-28 | $0.21808 | -11.5% Unclassified cash |
| 2010-12-01 | $0.24634 | 19.0% Unclassified cash |
| 2010-11-01 | $0.20704 | -9.3% Unclassified cash |
| 2010-10-01 | $0.22824 | -25.6% Unclassified cash |
| 2010-09-01 | $0.30683 | -0.6% Unclassified cash |
| 2010-08-02 | $0.30863 | 24.6% Unclassified cash |
| 2010-07-01 | $0.24767 | 1.7% Unclassified cash |
| 2010-06-01 | $0.24363 | -1.9% Unclassified cash |
| 2010-05-03 | $0.24837 | 18.9% Unclassified cash |
| 2010-04-01 | $0.20882 | 10.2% Unclassified cash |
| 2010-03-01 | $0.18955 | -0.4% Unclassified cash |
| 2010-02-01 | $0.19026 | -17.3% Unclassified cash |
| 2009-12-29 | $0.23014 | -14.1% Unclassified cash |
| 2009-12-01 | $0.26793 | 18.9% Unclassified cash |
| 2009-11-02 | $0.22535 | 8.2% Unclassified cash |
| 2009-10-01 | $0.2082 | -3.2% Unclassified cash |
| 2009-09-01 | $0.21501 | -7.8% Unclassified cash |
| 2009-08-03 | $0.23323 | -25.8% Unclassified cash |
| 2009-07-01 | $0.3142 | 15.3% Unclassified cash |
| 2009-06-01 | $0.2725 | -0.9% Unclassified cash |
| 2009-05-01 | $0.275 | 10.0% Unclassified cash |
| 2009-04-01 | $0.25 | 14.9% Unclassified cash |
| 2009-03-02 | $0.21757 | 21.5% Unclassified cash |
| 2009-02-02 | $0.179 | -57.9% Unclassified cash |
| 2008-12-29 | $0.42478 | 123.6% Unclassified cash |
| 2008-12-01 | $0.19 | 8.6% Unclassified cash |
| 2008-11-03 | $0.175 | -20.5% Unclassified cash |
| 2008-10-01 | $0.22 | 10.4% Unclassified cash |
| 2008-09-02 | $0.19926 | -4.4% Unclassified cash |
| 2008-08-01 | $0.20834 | -2.7% Unclassified cash |
| 2008-07-01 | $0.21418 | -13.0% Unclassified cash |
| 2008-06-02 | $0.24629 | 4.8% Unclassified cash |
| 2008-05-01 | $0.23508 | -8.2% Unclassified cash |
| 2008-04-01 | $0.25598 | 11.0% Unclassified cash |
| 2008-03-03 | $0.23057 | 43.1% Unclassified cash |
| 2008-02-01 | $0.16109 | -78.2% Unclassified cash |
| 2007-12-27 | $0.7403 | 314.8% Unclassified cash |
| 2007-12-03 | $0.17849 | -14.0% Unclassified cash |
| 2007-11-01 | $0.20743 | 4.9% Unclassified cash |
| 2007-10-01 | $0.19776 | -9.2% Unclassified cash |
| 2007-09-04 | $0.21784 | -6.1% Unclassified cash |
| 2007-08-01 | $0.23189 | 18.7% Unclassified cash |
| 2007-07-02 | $0.1953 | -18.2% Unclassified cash |
| 2007-06-01 | $0.23882 | -16.3% Unclassified cash |
| 2007-05-01 | $0.28536 | — |
| 2007 total (partial launch year) | $2.49319 | — |
| 2008 total | $2.76057 | — |
| 2009 total | $2.88813 | 4.6% |
| 2010 total | $2.84346 | -1.5% |
| 2011 total | $2.48668 | -12.5% |
| 2012 total | $2.38295 | -4.2% |
| 2013 total | $2.43222 | 2.1% |
| 2014 total | $2.49118 | 2.4% |
| 2015 total | $2.23886 | -10.1% |
| 2016 total | $2.17804 | -2.7% |
| 2017 total | $2.12979 | -2.2% |
| 2018 total | $2.16224 | 1.5% |
| 2019 total | $1.99767 | -7.6% |
| 2020 total | $1.84575 | -7.6% |
| 2021 total | $1.75552 | -4.9% |
| 2022 total | $1.83499 | 4.5% |
| 2023 total | $2.06818 | 12.7% |
| 2024 total | $1.98614 | -4.0% |
| 2025 total | $1.94917 | -1.9% |
| 2026 YTD total | $1.21979 | -20.6% vs prior-year YTD |
PFF dividend growth
Trailing-12-month distributions versus the preceding 12 months changed -20.2%. The 1Y row below uses this same adjacent TTM cash-window comparison. The deepest trailing-12-month payout decline in the past five years is -13.03%.
| Window | Change |
|---|---|
| 1Y | -20.2% |
| 3Y | -22.5% |
| 5Y | -5.7% |
| 10Y | -27.2% |
PFF holdings and sector exposure
Holdings are not available for this snapshot.
PFF performance versus SPY
Price and return data through 2026-10-12.
Total return is 97.3% over the past 19.5 years, 585.1 points behind SPY at 682.4%. Over the past year its total return — price change plus distributions reinvested — is -1.1%. Its deepest 1-year drawdown was 5.7%.
| Window | Total return | CAGR |
|---|---|---|
| 1M | -2.7% | — |
| 3M | -3.0% | — |
| 6M | -2.5% | — |
| YTD | -1.9% | — |
| 1Y | -1.1% | — |
| 2Y CAGR | — | -0.60% |
| 3Y CAGR | — | 6.50% |
| 5Y CAGR | — | 0.40% |
| 10Y CAGR | — | 2.90% |
| Since inception (19.5 years) | 97.3% | 3.50% |
PFF key facts
- Distribution Safety Score™
- 77 · Generally safe
- Safety-Adjusted Yield
- 5.04%
- Issuer
- iShares
- Asset type
- ETF
- Asset class
- Hybrid
- Inception date
- 03/26/2007
- Expense ratio
- 0.45%
- Distribution rate
- 6.55%
- Distribution frequency
- Monthly
- Trailing yield
- 5.59%
- Last close
- $29.19 (stale; as of 2026-10-12)
- AUM
- $12,321,328,504
- Market cap
- $13,176,989,696
- Average volume
- 2367243.0
- Dividend
- $0.15941
- Ex-dividend date
- 10/01/2026
- Payment date
- 10/06/2026
- Beta
- 0.98
How Dividend Vision calculates yield and returns
Distribution rate (6.55%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (5.59%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.
Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology
Sources and review
Primary sources: iShares or company page; Index: ICE Exchange-Listed Preferred & Hybrid Securities Index; prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
PFF risks and drawbacks
Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 5.7%.
Who may consider PFF — and who may not
It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.
Compare PFF
PFF vs similar funds:
Frequently asked questions
Does PFF pay monthly?
Yes. PFF currently pays monthly.
What index does PFF track?
PFF tracks the ICE Exchange-Listed Preferred & Hybrid Securities Index.
What is PFF's expense ratio?
PFF's expense ratio is 0.45%.
What is PFF's dividend yield?
PFF's distribution rate is 6.55%, paid monthly, with a 0.45% expense ratio — calculation basis unavailable.
How has PFF's dividend grown?
Trailing-12-month distributions versus the preceding 12 months changed -20.2%. That is the same adjacent TTM cash-window comparison used in the dividend-history table.
When does PFF pay a dividend?
PFF pays monthly. The dividend amount is $0.15941. The ex-dividend date is 10/01/2026. The payment date is 10/06/2026.
How has PFF performed?
Total return is 97.3% over the past 19.5 years, 585.1 points behind SPY at 682.4%. Over the past year its total return — price change plus distributions reinvested — is -1.1%. Its deepest 1-year drawdown was 5.7%.
Is PFF a good investment?
PFF's Dividend Vision Distribution Safety Score is 77 (Generally safe). That is a risk signal, not investment advice. Its distribution rate is 6.55% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.
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Holdings as-of date unavailable.
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