Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
Morningstar’s Analysis PFFA
Will PFFA outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
- Current Portfolio Date
- Equity Holdings 5
- Bond Holdings 0
- Other Holdings 205
- % Assets in Top 10 Holdings 30.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
SCE Trust III Trust Preference Security 2014-Without fixed maturity Gtd on
NuStar Energy LP Cum Conv Red Perp Pfd Units Series -B-
NuStar Energy LP A
RLJ Lodging Trust USD 1.95 Cum Conv Pfd Registered Shs Series -A-
Global Net Lease Inc 7.50% PRF PERPETUAL USD - Ser D
FTAI Aviation Ltd FXDFR PRF PERPETUAL USD 25 - Ser B
DigitalBridge Group Inc 7.15 % Cum Conv Red Perp Pfd Registered Shs Series
New York Mortgage Trust Inc Cum Conv Perp Red Pfd Registered Shs Series -D-
SLM Corp Floating-Rate Non-Cum Pfd Shs Series -B-
Two Harbors Investment Corp FXDFR PRF PERPETUAL USD 25 - Ser C