QPFF vs. IPPP ETF Comparison
Comparison of American Century Quality Preferred ETF (QPFF) to Preferred-Plus ETF (IPPP)
QPFF
American Century Quality Preferred ETF
QPFF Description
The investment seeks current income and capital appreciation. Under normal market conditions, the portfolio managers will invest at least 80% of the fund's net assets, plus any borrowings for investment purposes, in preferred securities issued by U.S. and non-U.S. companies. Preferred securities in which the fund may invest include preferred stock, hybrid preferred securities that have characteristics similar to both preferred stock and debt securities, floating rate preferred securities, junior subordinated debt, senior unsecured debt obligations denominated in $25 par amounts, re-packaged preferreds, and convertible securities. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$36.42
Average Daily Volume
34,284
14
IPPP
Preferred-Plus ETF
IPPP Description
The investment seeks to provide income. The fund invests at least 80% of its net assets (plus any borrowings made for investment purposes) in a portfolio of preferred securities issued by U.S. and non-U.S. companies. It may invest in preferred securities of all issuer capitalizations. The fund may also invest in publicly-traded partnerships (“PTPs”). The Advisor intends to maintain approximately 10% asset exposure to a credit spread options strategy, although market conditions may dictate additional exposure.Grade (RS Rating)
Last Trade
$9.92
Average Daily Volume
11,163
17
Performance
| Period | QPFF | IPPP |
|---|---|---|
| 30 Days | 1.90% | 3.39% |
| 60 Days | -2.34% | 1.07% |
| 90 Days | -0.04% | 1.79% |
| 12 Months | 7.93% | 18.79% |
QPFF: Top Represented Industries & Keywords
IPPP: Top Represented Industries & Keywords
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