PFFA Holdings — Virtus InfraCap U.S. Preferred Stock ETF
Data updated: 2026-09-29
PFFA holds 197 securities. The top 10 make up 22.9% of net assets, led by Strategy, Inc. Variable Rate Series A Perpetual Stretch Preferred Stock (2.63%) and Flagstar Bank Na Depositary Shares, Each Representing A 1/40th Interest in A Share of Wfixed-to-Floating Rate Series A Noncumulative Perpetual Preferr (2.56%). Preferred Equity (98.4%) and Financials (0.7%) are the largest sectors, and 121.7% of the portfolio is in United States. Debt holdings: 5 positions, 1.3% of assets.
Holdings cover 128.36% of net asset value (99.68% of total assets; remainder is cash and receivables). As of July 31, 2026 · N-PORT.
PFFA Portfolio Holdings
197 holdings of Virtus InfraCap U.S. Preferred Stock ETF by percentage of net assets, from the fund's SEC N-PORT filing as of July 31, 2026. The 100 largest are listed below; the interactive table on this page lists all 197.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| Strategy, Inc. Variable Rate Series A Perpetual Stretch Preferred Stock | STRC | Preferred Equity | 2.63% | $64.59M |
| Flagstar Bank Na Depositary Shares, Each Representing A 1/40th Interest in A Share of Wfixed-to-Floating Rate Series A Noncumulative Perpetual Preferr | FLG A | Preferred Equity | 2.56% | $62.90M |
| Kkr & Co., Inc. 6.25% Series D Mandatory Convertible Preferred Stock | KKRPD | Preferred Equity | 2.54% | $62.37M |
| Telephone & Data Systems, Inc. Depositary Shares Each Representing A 1/1,000 Interest in A Share of Telephone and Data Systems, Inc.s 6.000% Series Vv C | TDS V | Preferred Equity | 2.38% | $58.42M |
| Energy Transfer LP 9.250% Series I Fixed Rate Perpetual Preferred Units | ET I | Preferred Equity | 2.34% | $57.54M |
| Banc of California, Inc. Depositary Shares Each Representing A 1/40th Interest in A Share of 7.75% Non Cumulative Perpetual Preferred Stock Series F | BANC F | Preferred Equity | 2.16% | $53.05M |
| Rlj Lodging Trust Series A Cumulative Convertible Preferred Shares | RLJPA | Preferred Equity | 2.08% | $51.00M |
| Global Net Lease, Inc. 7.50% Cum Red Pfd Ser D | GNL D | Preferred Equity | 2.07% | $50.70M |
| Oracle Corp. Depositary Shares Each Representing A 1/2,000th Interest in A Share of 6.50% Series D Mandatory Convertible Preferred Stock | ORCLPD | Preferred Equity | 2.05% | $50.42M |
| Two Harbors Investments Corp. Ser C Fixed to Floating Rate Cumulative Redeemable Preferred Stock | TWO C | Preferred Equity | 2.04% | $50.17M |
| Babcock & Wilcox Enterprises, Inc. 7.75% Series A Cumulative Perpetual Preferred | BW A | Preferred Equity | 2.04% | $49.96M |
| Hewlett Packard Enterprise Company 7.625% Series C Mandatory Convertible Preferred Stock | HPEPC | Preferred Equity | 1.99% | $48.81M |
| Merchants Bancorp (indiana) 7.625% Depositary Shs Repstg 1/40th Int Fxd Rate Non Cum Perp Pfd Ser E | MBINL | Preferred Equity | 1.98% | $48.66M |
| First Citizens Bancshares, Inc. Depositary Shares, Each Representing A 1/40th Interest in A Share of 6.625% Non-Cumulative Perpetual Preferred Stock Ser | FCNCN | Preferred Equity | 1.98% | $48.53M |
| Qwest Corp. 6.500% Senior Notes Due September 1,2051 (denominations of $25) | CTGG | Preferred Equity | 1.86% | $45.75M |
| Xcel Energy, Inc. 6.25% Notes Issued Due on October 15, 2085 | XELLL | Preferred Equity | 1.84% | $45.21M |
| Diversified Healthcare Trust 5.625% Senior Notes Due 08/01/2042 | DHCNI | Preferred Equity | 1.81% | $44.54M |
| Adamas Trust, Inc. 8.00% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock | ADAMN | Preferred Equity | 1.81% | $44.43M |
| Qwest Corp. 6.750% Senior Notes Due on June 15,2052 (denominations of $25) | CTL | Preferred Equity | 1.68% | $41.16M |
| Strategy, Inc. 10.00% Series A Perpetual Strife Preferred Non Cum Stock | STRD | Preferred Equity | 1.66% | $40.66M |
| Triton International Ltd. 7.625 % Series F Cumulative Redeemable Perpetual Preference Shares | TRTN F | Preferred Equity | 1.64% | $40.36M |
| Diversified Healthcare Trust 6.25% Senior Notes Due February 1,2046 | DHCNL | Preferred Equity | 1.63% | $39.91M |
| Mfa Financial, Inc. 6.50% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock | MFA C | Preferred Equity | 1.59% | $38.96M |
| Triton International Ltd. 7.375% Series C Cumulative Redeemable Perpetual Preference Shares | TRTN C | Preferred Equity | 1.57% | $38.56M |
| Two Harbors Investments Corp. 7.625% Series B Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock | TWO B | Preferred Equity | 1.53% | $37.49M |
| Alphabet, Inc. Series A Depositary Shares Each Representing A 1/20th Interest in A Share of 6.25% Series A Mandatory Convertible Preferred Stock | GOOGL | Preferred Equity | 1.52% | $37.31M |
| Dte Energy Company 6.250% Junior Subordinated Debentures Due on October 1, 2085 | DTK | Preferred Equity | 1.40% | $34.25M |
| Compass Diversified Holdings Series B Fixed to Floating Rate Cumulative Preferred Shares | CODI B | Preferred Equity | 1.32% | $32.50M |
| Pennymac Mtge Investment | PMT B | Preferred Equity | 1.31% | $32.08M |
| Slm Corp. (sallie Mae) Floating-Rate Non-Cumulative Preferred Stock, Series B | SLMBP | Preferred Equity | 1.29% | $31.56M |
| Atlanticus Holdings Corp. 9.25% Senior Notes Due January 31, 2029 | ATLCZ | Preferred Equity | 1.28% | $31.31M |
| Valley National Bancorp 6.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A | VLYPP | Preferred Equity | 1.28% | $31.31M |
| Chimera Investment Corp. 8% Series D Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock | CIM D | Preferred Equity | 1.27% | $31.12M |
| Chimera Investment Corp. 7.75% Ser C Fixed to Float Cum Red Pfd Stock | CIM C | Preferred Equity | 1.24% | $30.51M |
| Boeing Company (the) 6% Ser A Dep Shs Repstg 1/20th Int Mandatory Conv Pfd | BAPA | Preferred Equity | 1.22% | $29.87M |
| Corebridge Financial, Inc. 6.375% Junior Subordinated Notes Due December 15,2064. | CRBD | Preferred Equity | 1.18% | $28.88M |
| Adamas Trust, Inc. 7.875% Series E Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock | ADAMM | Preferred Equity | 1.18% | $28.86M |
| Compass Diversified Holdings 7.875% Each Series C Cumulative Preferred Share Represents One Corresponding Beneficial Interest | CODI C | Preferred Equity | 1.14% | $27.99M |
| Alphabet, Inc. Series A Depositary Shares Each Representing A 1/20th Interest in A Share of 6.25% Series B Mandatory Convertible Preferred Stock | GOOGL | Preferred Equity | 1.12% | $27.54M |
| Redwood Trust, Inc. Notes Issued Due on June 1, 2031 | RWT6401 | Preferred Equity | 1.11% | $27.22M |
| Saul Centers, Inc. Depositary Shares Each Representing 1/100th of A Share of 6.000% Series E Cumulative Redeemable Preferred Stock | BFS E | Preferred Equity | 1.08% | $26.44M |
| Albemarle Corp. Depositary Shares Each Representing A 1/20th Interest in A Share of 7.25% Series A Mandatory Convertible Preferred Stock | ALBPA | Preferred Equity | 1.07% | $26.18M |
| Compass Diversified Holdings 7.250% Series A Preferred Shares | CODI A | Preferred Equity | 1.04% | $25.60M |
| Ares Management Corp. 6.75% Series B Mandatory Convertible Preferred Stock | ARESPB | Preferred Equity | 1.04% | $25.43M |
| Prospect Capital Corp. 5.35% Series A Fixed Rate Cumulative Perpetual Preferred Stock | PSEC A | Preferred Equity | 1.02% | $25.13M |
| Global Net Lease, Inc. 7.25% Series A Cumulative Redeemable Preferred Stock | GNL A | Preferred Equity | 1.01% | $24.71M |
| Vornado Realty Trust Cumulative Redeemable Preferred Shares of Beneficial Interest, Series M | VNO M | Preferred Equity | 1.01% | $24.71M |
| Invesco Mortgage Capital | IVR C | Preferred Equity | 1.00% | $24.62M |
| Chimera Investment Corp. | CIM B | Preferred Equity | 0.98% | $24.02M |
| Apollo Global Management Inc.com | APO | Financials | 0.95% | $23.35M |
| Hudson Pacific Properties, Inc. 4.750% Series C Cumulative Redeemable Preferred Stock | HPP C | Preferred Equity | 0.94% | $23.10M |
| Transcanada Pipelines Ltd. Callable Junior Subordinated Notes Due 01 Nov 2085 | TCPA | Preferred Equity | 0.92% | $22.61M |
| Spire, Inc. (us) 6.375% Junior Subordinated Notes Due 2086 | SRJN | Preferred Equity | 0.91% | $22.33M |
| Super Micro Computer, Inc. Depositary Shares Each Representing A 1/20th Interest in A Share of 7.00 Series A Mandatory Convertible Preferred Stock | SMCI | Preferred Equity | 0.89% | $21.74M |
| First Horizon Corp. Depositary Shareseach Representing 1/4,000th Interest in A Share of Non-Cumulative Perpetual Preferred Stock, Series H | FHN H | Preferred Equity | 0.88% | $21.65M |
| Cion Investment Corp. 7.50% Notes Due December 30, 2029 | CICB | Preferred Equity | 0.88% | $21.59M |
| Innovative Industrial Properties, Inc. 9.00% Series A Cumulative Redeemable Preferred Stock | IIPR A | Preferred Equity | 0.87% | $21.34M |
| Western Alliance Bancorp Depositary Shares Each Representing A 1/400th Interest in A Share of 4.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferr | WAL A | Preferred Equity | 0.87% | $21.34M |
| Federal Agricultural Mortgage Corp. 6.500% Non-Cumulative Preferred Stock, Series H | AGM H | Preferred Equity | 0.83% | $20.27M |
| Nextera Energy Capital Holdings, Inc. Public Offering of 60nc5 Fixed-for-Life Junior Subordinated Debentures Due 15-Apr-2086 | NEE W | Preferred Equity | 0.80% | $19.53M |
| Rithm Capital Corp. 8.75% Series F Fixed-Rate Reset Cumulative Redeemable Preferred Stock | RITM F | Preferred Equity | 0.79% | $19.48M |
| Digitalbridge Group, Inc. 7.15% Series I Cumulative Redeemable Perpetual Preferred Stock | DBRG I | Preferred Equity | 0.78% | $19.05M |
| Brighthouse Financial, Inc. Depositary Shares Each Representing A 1/1,000 Th Interest in A Share of the Issuers 5.375% Non-Cumulative Preferred Stock, S | BHFAN | Preferred Equity | 0.78% | $19.05M |
| Vornado Realty Trust 5.25% Series N Cumulative Redeemable Preferred Shares of Beneficial Interest | VNO N | Preferred Equity | 0.78% | $19.03M |
| Triton International Ltd. 6.875% Series D Cumulative Redeemable Perpetual Preference Shares | TRTN D | Preferred Equity | 0.77% | $18.79M |
| Redwood Trust, Inc. Callable 9.00% Senior Notes Due September 1, 2029 | RWTO | Preferred Equity | 0.76% | $18.75M |
| Bread Financial Holdings, Inc. Depositary Shares Each Representing A 1/40th Interest in A Share of 8.625% Non-Cumulative Perpetual Preferred Stock Serie | BFH A | Preferred Equity | 0.75% | $18.38M |
| Triton International Ltd. 5.75% Series E Cumulative Redeemable Perpetual Preference Shares | TRTN E | Preferred Equity | 0.74% | $18.12M |
| Epr Properties 5.750% Series G Cumulative Redeemable Preferred Shares | EPR G | Preferred Equity | 0.74% | $18.09M |
| Pebblebrook Hotel Trust 6.3% Ser F Cum Red Prf Shs Ben Int | PEB F | Preferred Equity | 0.74% | $18.08M |
| Global Net Lease, Inc. 6.875% Series B Cumulative Redeemable Perpetual Preferred Stock | GNL B | Preferred Equity | 0.73% | $17.98M |
| Mfa Financial, Inc. 7.50% Series B Cumulative Redeemable Preferred Stock | MFA B | Preferred Equity | 0.72% | $17.63M |
| Bw 8.75 06/30/30 144a | — | Corporate Bonds | 0.72% | $17.62M |
| Microchip Technology, Inc. 7.50 % Dep Shs Repstg 1/20th Pfd Conv Ser A | MCHP | Preferred Equity | 0.72% | $17.59M |
| Chimera Investment Corp. Notes Issued Due on August 15, 2030 | CIMP | Preferred Equity | 0.70% | $17.08M |
| American National Group, Inc. Depositary Share Representing 1/1000th, 7.375% Fixed-Rate Non-Cumulative Preferred Stock Series D | ANG D | Preferred Equity | 0.66% | $16.23M |
| Digitalbridge Group, Inc. 7.125% Series H Cumulative Redeemable Preferred Stock | DBRG H | Preferred Equity | 0.65% | $16.07M |
| Ready Capital Corp. 9% Notes Due on December 15, 2029 | RCD | Preferred Equity | 0.64% | $15.74M |
| Tpg Mortgage Investment Trust, Inc. 8% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock | MITT C | Preferred Equity | 0.64% | $15.61M |
| Summit Hotel Properties, Inc. 6.250% Series E Cumulative Redeemable Preferred Stock | INN E | Preferred Equity | 0.63% | $15.51M |
| Telephone & Data Systems, Inc. Depositary Shares Each Representing A 1/1,000 Interest in A Share of Telephone and Data Systems, Inc.s 6.625% Series Uu C | TDS U | Preferred Equity | 0.62% | $15.12M |
| Redwood Trust, Inc. Callable 9.500% Senior Notes Due December 1, 2030 | RWTQ | Preferred Equity | 0.62% | $15.10M |
| Vornado Realty Trust 4.45% Series O Cumulative Redeemable Preferred Shares of Beneficial Interest | VNO O | Preferred Equity | 0.61% | $14.97M |
| Gaslog Partners LP 8.625% Series A Cumulative Redeemable Perpetual Fixed to Floating Rate Preference Units | GLOP A | Preferred Equity | 0.60% | $14.62M |
| Newtekone, Inc. 8.625% Fixed Rate Senior Notes Due October 15, 2029 | NEWTH | Preferred Equity | 0.59% | $14.56M |
| Cion Investment Corp. Notes Issued Due on March 31, 2031 | CICC | Preferred Equity | 0.58% | $14.28M |
| Sce Trust Vi 5.00% Trust Preference Securities | SCE L | Preferred Equity | 0.57% | $13.90M |
| Vornado Realty Trust 5.40% Series L Cumulative Redeemable Preferred Shares of Beneficial Interest | VNO L | Preferred Equity | 0.56% | $13.71M |
| Brighthouse Financial, Inc. Depositary Shares Each Representing A 1/1,000th Interest in A Share of 6.600% Non-Cumulative Preferred Stock,series A | BHFAP | Preferred Equity | 0.55% | $13.61M |
| Tpg Mortgage Investment Trust, Inc. 8.00% Series B Cumulative Redeemable Preferred Stock | MITT B | Preferred Equity | 0.54% | $13.37M |
| Brighthouse Financial, Inc. Depositary Shares Each Representing A 1/1,000th Interest in A Share of the Issuers 4.625% Non-Cumulative Preferred Stock, SE | BHFAM | Preferred Equity | 0.53% | $12.93M |
| Strategy, Inc. 10.00% Series A Perpetual Strife Preferred Stock | STRF | Preferred Equity | 0.52% | $12.84M |
| Global Net Lease, Inc. 7.375% Cum Red Pfd E Usd25 | GNL E | Preferred Equity | 0.52% | $12.72M |
| Live Oak Bancshares, Inc. Depositary Shares Each Representing A 1/40th Interest in A Share of 8.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock | LOB A | Preferred Equity | 0.51% | $12.55M |
| Medallion Bank 9.00% Fixed to Adjustable Rate Reset Non-Cumulative Perpetual Preferred Stock, Series G | MBNKO | Preferred Equity | 0.49% | $12.12M |
| Federal Agricultural Mortgage Corp. 6.875 Non Cumulative Preferred Stk Ser I | AGM I | Preferred Equity | 0.48% | $11.76M |
| Strategy, Inc. 8.00% Series A Perpetual Strike Preferred Stock | STRK | Preferred Equity | 0.47% | $11.63M |
| Redwood Trust, Inc. 9.125% Senior Notes Due on March 1, 2030 | RWTP | Preferred Equity | 0.47% | $11.60M |
| Brighthouse Financial, Inc. Depositary Shares Each Representing A 1/1,000th Interest in A Share of 6.750% Non-Cumulative Preferred Stock, Series B | BHFAO | Preferred Equity | 0.47% | $11.54M |
| Newtekone, Inc. Depositary Shares,each Representing A 1/40 Interest in A Share of 8.500% Fixed-Rate Reset Non-Cumulative | NEWTP | Preferred Equity | 0.45% | $11.02M |
PFFA Sector Allocation
Virtus InfraCap U.S. Preferred Stock ETF holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Preferred Equity | 98.4% | 187 |
| Financials | 0.7% | 1 |
| Corporate Bonds | 0.6% | 1 |
| Funds & ETFs | 0.2% | 3 |
| Real Estate | 0.0% | 1 |
| Information Technology | 0.0% | 1 |
| Utilities | 0.0% | 2 |
| Unknown | 0.0% | 1 |
PFFA Country Allocation
Where Virtus InfraCap U.S. Preferred Stock ETF's holdings are domiciled, by percentage of net assets (largest 4).
| Country | % of net assets |
|---|---|
| United States | 121.7% |
| Bermuda | 5.1% |
| Canada | 1.0% |
| Marshall Islands | 0.6% |
PFFA Portfolio Allocation
Asset-class allocation of Virtus InfraCap U.S. Preferred Stock ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 126.6% |
| Fixed Income | 1.6% |
| Cash & Equivalents | 0.1% |
PFFA Debt Constituents
Largest debt holdings of Virtus InfraCap U.S. Preferred Stock ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Babcock & Wilcox Enterprises, Inc. | 0.72% |
| Flagstar Bank Na | 0.42% |
| Nextera Energy, Inc. | 0.20% |
| Vse Corp. | 0.20% |
| Brightspring Health Services, Inc. | 0.08% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.