NYSE Arca · ETF
Invest in PRFD ETF from India
Indian and foreign residents can buy PIMCO Preferred And Capital Securities Active Exchange-Traded Fund (PRFD) units directly through Paasa.
By Paasa · Updated
PRFD at a glance
- Price
- $49.37-$0.11 (0.22%)
- Expense ratio
- 0.88%
- Day range
- $49.35 – $49.47
- Assets
- $237.9M
- Domicile
- the US
- Holdings
- 221
- Launched
- 2023
- Dividends
- Distributing
- 1 month
- -2.68%
- 6 months
- -2.45%
- YTD
- -4.56%
- 1 year
- -4.78%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1US DOLLAR3.3%
- 2JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR 6.50% 12/31/20991.5%
- 3ROYAL BANK OF CANADA JR SUBORDINA 05/84 VAR 7.50% 05/02/20841.5%
- 4BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR 5.88% 12/31/20991.4%
- 5CITIGROUP INC JR SUBORDINA 12/99 VAR 6.95% 12/31/20991.4%
- 6CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR 6.10% 12/31/20991.3%
- 7CITIGROUP INC JR SUBORDINA 12/99 VAR 6.63% 12/31/20991.3%
- 8NET OTHER ASSETS1.3%
- 9ENBRIDGE INC SUBORDINATED 07/80 VAR 5.75% 07/15/20801.2%
- 10ENERGY TRANSFER LP JR SUBORDINA 12/99 VAR 7.13% 12/31/20991.2%
PRFD holds 221 securities in total. These 10 are 15.3% of the fund.
Where the money is invested
Sectors
- Financial Services2.0%
- Communication Services0.2%
Countries
- United States51.3%
- Canada13.5%
- United Kingdom9.7%
- France5.6%
- Other5.0%
- Switzerland2.6%
How to invest in PRFD from India
Step 1
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.
Step 2
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.
Step 3
Search PRFD and buy
Find the fund by its ticker, PRFD, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in PRFD from India
What PRFD holds
PIMCO ETF Trust - PIMCO Preferred and Capital Securities Active Exchange-Traded Fund is an exchange traded fund launched and managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets of global region.
Hold a dollar asset
PRFD is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one PRFD unit. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy PRFD from India?
Yes. Indian residents can buy PIMCO Preferred And Capital Securities Active Exchange-Traded Fund (PRFD) through Paasa. It is listed on NYSE Arca and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does PRFD invest in?
PIMCO Preferred And Capital Securities Active Exchange-Traded Fund holds 221 securities. Its largest holdings are US DOLLAR (3.3%), JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR 6.50% 12/31/2099 (1.5%) and ROYAL BANK OF CANADA JR SUBORDINA 05/84 VAR 7.50% 05/02/2084 (1.5%). Financial Services is its largest sector at 2.0%. It is a distributing fund domiciled in the US.
What is the expense ratio of PRFD?
PIMCO Preferred And Capital Securities Active Exchange-Traded Fund has an expense ratio of 0.88% a year, taken from the fund's assets rather than billed to you. The fund manages about $237.9M.
How are PRFD dividends taxed in India?
PIMCO Preferred And Capital Securities Active Exchange-Traded Fund is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell PRFD?
The US does not levy capital gains tax on shares for Indian residents. Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Can I buy a fraction of one PRFD unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $49.37, and there is no minimum trade size.
What happens to my PRFD units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.