Invesco Preferred Shares UCITS ETF
Invesco Preferred Shares UCITS ETF (LSE: PRFD) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $12.92 (about ₹1,218 a unit) as of 13 Nov 2026, 11:12 AM ET. It has an expense ratio of 0.5% and holds 266 securities. Indian residents can buy PRFD through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$12.90
Today's high
$13.02
52 week low
$12.90
52 week high
$15.70
PRFD opened at $13.02, closed previously at $13.06, and has traded between $12.90 and $15.70 over the past 52 weeks.
About
This Invesco ETF, the Preferred Shares UCITS ETF Dist, seeks to replicate the net total return performance of the ICE BofA Diversified Core Plus Fixed Rate Preferred Securities Index (referred to as the “Reference Index”), after accounting for its fees and expenses. Income from the fund is distributed to shareholders on a quarterly basis. The Reference Index is composed of fixed-rate preferred shares, denominated in US dollars, which originate from the US domestic market. Holdings within the index are weighted by their market capitalization, subject to a maximum allocation of 10% per individual issuer. An additional diversification rule prevents more than 40% of the Reference Index from being made up of issuers that each exceed 5% of the index’s total value. Securities must meet specific credit quality criteria, requiring an average rating of at least B3 from the three primary ratings agencies (Moody’s, S&P, and Fitch), and the country of origin for these securities must hold an investment-grade risk profile. To achieve its aim, the fund’s strategy involves physically acquiring and holding, as far as is practicable, all the securities of the Reference Index in their corresponding proportions. Both the Reference Index and the fund's portfolio are subject to monthly rebalancing and reconstitution. This ETF is a passively managed, index-tracking investment vehicle, meaning an investment constitutes ownership of units in the fund itself, rather than direct ownership of the underlying assets held within it.
Key statistics
Expense ratio
0.5%
Assets (AUM)
$160.8M
Holdings
266
NAV
$13.01
Avg. volume
16.62K
1-year price change
-14.87%
5-year price change
-35.29%
Price change excludes dividends.
Top 10 holdings
PRFD holds 266 securities in total. These 10 are 12.9% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy PRFD from India
Indian residents can buy PRFD units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in PRFD from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search PRFD and buy
Find the fund by its ticker, PRFD, on the London Stock Exchange ETF segment, and place your order.
Track holdings and download tax reports
Follow your PRFD position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying PRFD from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
FAQs
What is the PRFD price today?
Invesco Preferred Shares UCITS ETF (PRFD) last traded at $12.92 on the London Stock Exchange ETF segment, as of 13 Nov 2026, 11:12 AM ET. That is ₹1,218 a unit at the 14 Nov 2026 USD/INR rate.
When does PRFD trade, in Indian time?
The London Stock Exchange ETF segment trades 1:30 pm – 10:00 pm IST. The window shifts to 12:30 pm – 9:00 pm IST when the UK is on daylight time. Orders can only execute during that window.
How big is PRFD, and what does it cost to hold?
Invesco Preferred Shares UCITS ETF manages about $160.8M. Its expense ratio is 0.5% a year, deducted inside the fund. It launched in 2017.
Is PRFD a UCITS ETF?
Yes. Invesco Preferred Shares UCITS ETF is a UCITS fund domiciled in Ireland, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on the London Stock Exchange ETF segment and trades in US dollars.
What are PRFD's largest holdings?
The top three are JPMORGAN CHASE & CO USD 25.0000 PFD (1.8%), JPMORGAN CHASE & CO USD 25.0000 PFD (1.5%) and WELLS FARGO & COMPANY USD 25.0000 PFD (1.4%). PRFD's 10 largest positions make up 12.9% of the fund.
Is PRFD subject to US estate tax?
No. Because PRFD is domiciled in Ireland rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
Is PRFD accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on PRFD taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
How has PRFD performed?
PRFD's price is down 14.9% over the past year and down 35.3% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is PRFD different from a US-listed ETF?
PRFD is domiciled in Ireland rather than the US, which keeps it outside US estate tax. Capital gains on both are taxed the same way in India.