iShares International Preferred Stock ETF

Frequently Asked Questions About IPFF

What does IPFF invest in?

The investment seeks to track the investment results of the S&P International Preferred Stock IndexTM composed of preferred stocks of non-U.S. developed markets. The fund will invest at least 80% of its assets in the component securities of the index and in investments that are substantially identical to the component securities of the index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the index, but which BFA believes will help the fund track the index. The fund is non-diversified.

What is the expense ratio of IPFF?

iShares International Preferred Stock ETF (IPFF) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IPFF?

iShares International Preferred Stock ETF (IPFF) manages $54.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is IPFF actively managed or an index fund?

IPFF is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (IPFF's is 0.55%) because there's no security selection cost.

When was IPFF launched?

iShares International Preferred Stock ETF (IPFF) launched in November 2011 and is managed by IShares.

How has IPFF performed?

IPFF's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.