InfraCap REIT Preferred ETF (NYSE Arca: PFFR) Declares Monthly Dividend

Rhea-AI Summary

The InfraCap REIT Preferred ETF (NYSE Arca: PFFR) has announced a monthly distribution of $0.12 per share, amounting to an annualized $1.44 per share. The payment will be made on October 28, 2021 to shareholders who are on record as of October 21, 2021. Key dates include an ex-date of October 20, 2021. Infrastructure Capital Advisors anticipates declaring future monthly dividends, with the next distribution expected in November 2021.

Positive

• Monthly dividend declaration of $0.12 per share, providing income for shareholders.
• Annualized dividend totals $1.44 per share.

Negative

• None.

NEW YORK, Oct. 19, 2021 /PRNewswire/ -- The InfraCap REIT Preferred ETF (NYSE Arca: PFFR) (the "Fund") has declared a monthly distribution of $0.12 per share ($1.44 per share on an annualized basis).  The distribution will be paid October 28, 2021 to shareholders of record as of the close of business October 21, 2021.

PFFR Cash Distribution:

• Ex-Date: Wednesday, October 20, 2021
• Record Date: Thursday, October 21, 2021
• Payable Date: Thursday, October 28, 2021

Infrastructure Capital Advisors expects to declare future dividends on a monthly basis.  Distributions are planned, but not guaranteed, for every month.  The next distribution is scheduled to occur in November 2021.

For more information about PFFR's distribution policy, its 2021 distribution calendar, or tax information, please visit the Fund's website at www.virtusetfs.com.

About Virtus ETF Advisers

Virtus ETF Advisers is a New York-based, multi-manager ETF sponsor and affiliate of Virtus Investment Partners. With actively managed and index-based investment capabilities across multiple asset classes, Virtus offers a range of complementary exchange-traded-funds subadvised by select investment managers.

About Infrastructure Capital Advisors, LLC

Infrastructure Capital Advisors, LLC (ICA) is an SEC-registered investment advisor that manages exchange traded funds and a series of hedge funds. The firm was formed in 2012 and is based in New York City.  ICA seeks total-return opportunities in key infrastructure sectors, including energy, real estate, transportation, industrials and utilities. It often identifies opportunities in entities that are not taxed at the entity level, such as master limited partnerships ("MLPs") and real estate investment trusts ("REITs").  It also looks for opportunities in credit and related securities, such as preferred stocks.  Current income is a primary objective in most, but not all, of the company's investing activities. The focus is generally on asset-intensive companies that generate and distribute substantial streams of free cash flow. For more information, please visit www.infracapfunds.com.

DISCLOSURE
Fund Risks

Exchange-Traded Funds (ETF): The value of an ETF may be more volatile than the underlying portfolio of securities it is designed to track. The costs of owning the ETF may exceed the cost of investing directly in the underlying securities. Preferred Stocks: Preferred stocks may decline in price, fail to pay dividends, or be illiquid. Real Estate Investments: The Fund may be negatively affected by factors specific to the real estate market, including interest rates, leverage, property, and management. Industry/Sector Concentration: A Fund that focuses its investments in a particular industry or sector will be more sensitive to conditions that affect that industry or sector than a non-concentrated Fund. Passive Strategy/Index Risk: A passive investment strategy seeking to track the performance of the underlying index may result in the Fund holding securities regardless of market conditions or their current or projected performance. This could cause the Fund's returns to be lower than if the Fund employed an active strategy. Correlation to Index: The performance of the Fund and its index may vary somewhat due to factors such as Fund flows, transaction costs, and timing differences associated with additions to and deletions from its index. Market Volatility: Securities in the Fund may go up or down in response to the prospects of individual companies and general economic conditions. Price changes may be short or long term. Prospectus: For additional information on risks, please see the Fund's prospectus.

You should consider the Fund's investment objectives, risks, and charges and expenses carefully before investing. Contact ETF Distributors LLC at 1-888-383-4184 or visit www.virtusetfs.com to obtain a prospectus which contains this and other information about the Fund. The prospectus should be read carefully before investing.

Virtus ETF Advisers, LLC serves as the investment advisor and Infrastructure Capital Advisors, LLC serves as the subadviser to the Fund.

The Fund is distributed by VP Distributors, LLC, member FINRA and subsidiary of Virtus Investment Partners, Inc.

 

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SOURCE InfraCap REIT Preferred ETF

FAQ

What is the dividend amount for PFFR for October 2021?

The dividend amount for PFFR for October 2021 is $0.12 per share.

When will the PFFR dividend be paid?

The PFFR dividend will be paid on October 28, 2021.

What are the key dates for the PFFR dividend payment?

The ex-date is October 20, 2021, the record date is October 21, 2021, and the payable date is October 28, 2021.

Will PFFR continue to pay monthly dividends?

Infrastructure Capital Advisors expects to declare future dividends on a monthly basis, but these are planned, not guaranteed.