PRIZ ETF — Zacks Preferred Income ETF

Zacks Preferred Income ETF (PRIZ)

Updated October 16, 2026.

PRIZ is an ETF. its distribution rate is 5.41%, its trailing-12-month yield is 0.99%, its expense ratio is 0.45%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is -0.6% over the past 0.4 years, 1.6 points behind SPY at 1.0%.

Zacks Preferred Income ETF invests in preferred securities, with its largest positions in fixed-rate and fixed-to-floating preferreds issued largely by U.S. banks, insurers and other companies. It has paid monthly since July 2026 with an expense ratio of 0.45%. The fund may appeal to income investors seeking preferred-stock exposure in an ETF.

PRIZ performance versus SPY

Price and return data through 2026-10-16.

Total return is -0.6% over the past 0.4 years, 1.6 points behind SPY at 1.0%.

PRIZ key facts

Distribution Safety Score™

50 · Unproven

Issuer

Zacks Investment Management

Asset type

ETF

Asset class

Hybrid

Inception date

05/28/2026

Expense ratio

0.45%

Distribution rate

5.41%

Distribution frequency

Monthly

Trailing yield

0.99%

Last close

$24.66 (as of 2026-10-16)

AUM

$5,646,190

Average volume

681.0

Dividend

$0.1111

Ex-dividend date

09/30/2026

Payment date

10/06/2026

How Dividend Vision calculates yield and returns

Distribution rate (5.41%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.99%) 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: Zacks Investment Management; 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.

PRIZ risks and drawbacks

Total return has trailed SPY over the available window.

Who may consider PRIZ — and who may not

PRIZ may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on PRIZ

• All tickers starting with P

Tagged: Preferred Stock, Fixed Income.

Frequently asked questions

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