Invesco Preferred Shares UCITS ETF
Invesco Preferred Shares UCITS ETF (LSE: PRFP) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £10.06 (about ₹1,281 a unit) as of 1 Oct 2026, 10:20 AM ET. It has an expense ratio of 0.5%. Indian residents can buy PRFP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£10.06
Today's high
£10.10
52 week low
£10.06
52 week high
£15.49
PRFP opened at £10.10, closed previously at £10.10, and has traded between £10.06 and £15.49 over the past 52 weeks.
About
This Invesco Preferred Shares UCITS ETF seeks to match the net total return of the ICE BofA Diversified Core Plus Fixed Rate Preferred Securities Index, after accounting for its expenses. Dividends are distributed to investors every quarter. The benchmark index tracks fixed-rate preferred securities, denominated in US dollars, that are issued in the US domestic market. Securities within the index are weighted by their market capitalization, though strict diversification rules apply: no single issuer can represent more than 10% of the index, and the combined weighting of all issuers individually exceeding 5% is capped at 40%. To be included, securities must achieve an average credit rating of at least B3 from the three primary agencies (Moody's, S&P, and Fitch) and hail from a nation with an investment-grade country risk profile. The fund endeavors to achieve this objective through direct replication, acquiring and holding, as far as feasible, all the securities found in the Reference Index according to their respective weightings. Both the benchmark index and the fund undergo monthly rebalancing and reconstitution. Operating under a passive management strategy, this ETF means investors are purchasing shares in an index-tracking fund, not direct interests in the underlying assets held within it.
Key statistics
Expense ratio
0.5%
Assets (AUM)
£129.3M
Holdings
—
NAV
£1,008.28
Avg. volume
—
1-year price change
-12.53%
5-year price change
-32.27%
Price change excludes dividends.
Top 10 holdings
These 10 are 13.0% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy PRFP from India
Indian residents can buy PRFP units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
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, and Interactive Brokers converts the dollars to GBP when you buy.
Search PRFP and buy
Find the fund by its ticker, PRFP, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in PRFP from India
Trading and taxes when buying PRFP 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
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the PRFP price today?
Invesco Preferred Shares UCITS ETF (PRFP) last traded at £10.06 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 10:20 AM ET. That is ₹1,281 a unit at the 30 Sep 2026 GBP/INR rate.
When does PRFP trade, in Indian time?
The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
How big is PRFP, and what does it cost to hold?
Invesco Preferred Shares UCITS ETF manages about £129.3M. Its expense ratio is 0.5% a year, deducted inside the fund. It launched in 2017.
Is PRFP 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 GBP.
What are PRFP'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%). PRFP's 10 largest positions make up 13.0% of the fund.
Is PRFP subject to US estate tax?
No. Because PRFP 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 PRFP accumulating or distributing?
Distributing. It pays dividends out to you in cash, taxed at your slab rate in India.
How are gains on PRFP 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 PRFP performed?
PRFP's price is down 12.5% over the past year and down 32.3% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is PRFP different from a US-listed ETF?
PRFP 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.