American Century Quality Preferred ETF
QPFF
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Feb 19, 2021
- CIK
- 0001710607
- Similar Companies
- Business
- American Century Quality Preferred ETF (QPFF) is an actively managed exchange-traded fund that seeks current income and capital appreciation by investing primarily in preferred securities issued by U.S. and non-U.S. companies. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in a diversified portfolio of preferred securities, including preferred stock; hybrid preferred securities with characteristics of both preferred stock and debt; floating rate preferred securities; junior subordinated debt; senior unsecured debt obligations denominated in $25 par amounts; re-packaged preferreds; and convertible securities, with a focus on the financials sector using fundamental and quantitative analysis considering credit risk, size, liquidity, and momentum. It is non-diversified, concentrating investments in exchange-listed U.S. dollar-denominated hybrid debt, preferred stock, and convertible preferred stock issued by corporations, often tracking elements of the ICE Exchange-Listed Preferred & Hybrid Securities Index while employing active management. QPFF targets institutional and individual investors seeking enhanced yield with quality credit exposure and operates globally through securities of companies in developed and emerging markets. Launched on February 16, 2021, by American Century Investment Management Inc., a subsidiary of American Century Investments—founded in 1958 and headquartered in Kansas City, Missouri, with Nomura Holdings maintaining a non-controlling 41% economic interest since 2016—the ETF underwent a major strategic change in 2025 with the approval of a liquidation plan by its Board of Trustees, ceasing trading on the Cboe BZX Exchange on September 8, 2025, and distributing remaining assets to shareholders on or about September 15, 2025, as part of American Century Investments' ETF lineup adjustments.