Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETFGoldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETFGoldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF

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Key stats


Assets under management (AUM)
‪160.84 M‬USD
Fund flows (1Y)
‪65.70 M‬USD
Dividend yield (indicated)
5.75%
Discount/Premium to NAV
0.02%
Shares outstanding
‪3.15 M‬
Expense ratio
0.45%

About Goldman Sachs Access U.S. Preferred Stock and Hybrid Securities ETF


Brand
Goldman Sachs
Home page
Inception date
Jul 30, 2024
Structure
Open-Ended Fund
Index tracked
FTSE Goldman Sachs US Preferred Stock and Hybrids Index - Benchmark TR Gross
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Goldman Sachs Asset Management LP
Distributor
ALPS Distributors, Inc.
ISIN
US38149W1273
GPRF aims to provide broad exposure to the US preferred and hybrid securities market. Such securities share investment characteristics of both stocks and bonds. Preferred securities have priority claims over common stock but are subordinate to all other forms of corporate debt. While the underlying index aims to provide broad exposure, the preferred and hybrid securities market is heavily concentrated by financial firms. The index tends to focus on the higher credit quality issuers, but securities may be rated below investment grade. Typically, preferred stock is perpetual in nature, meaning no maturity date, and pay fixed or variable coupons that are eligible for qualified dividend income (QDI). Hybrid securities pay coupons as interest. As a result, distributions from GPRF will be taxed proportionally.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Corporate, preferred
Focus
Broad credit
Niche
Broad maturities
Strategy
Dividends
Geography
U.S.
Weighting scheme
Market value
Selection criteria
Dividends
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
95%4%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
GPRF trades at 51.18 USD today, its price has risen 0.20% in the past 24 hours. Track more dynamics on GPRF price chart.
GPRF net asset value is 51.17 today — it's fallen 0.56% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
GPRF assets under management is ‪160.84 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
GPRF price has fallen by −1.44% over the last month, and its yearly performance shows a −1.86% decrease. See more dynamics on GPRF price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.56% over the last month, showed a 3.24% increase in three-month performance and has increased by 5.89% in a year.
GPRF fund flows account for ‪65.70 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
GPRF invests in bonds. See more details in our Analysis section.
GPRF expense ratio is 0.45%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, GPRF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, GPRF technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating GPRF shows the buy signal. See more of GPRF technicals for a more comprehensive analysis.
Yes, GPRF pays dividends to its holders with the dividend yield of 5.75%.
GPRF trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
GPRF shares are issued by The Goldman Sachs Group, Inc.
GPRF follows the FTSE Goldman Sachs US Preferred Stock and Hybrids Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 30, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.