ETF · Invesco
PRFP Invesco Preferred Shares UCITS ETF
ISIN IE00BDVJF675London Stock Exchange: PRFPInvesco Ltd.
- Corporate & other bonds
- ETF
- ISA
- SIPP
- Distributing
Latest close
LSE£9.75
on
- Ongoing charge
- 0.50% a year
- Fund size
- £65.8m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, PRFP (Invesco Preferred Shares UCITS ETF, ISIN IE00BDVJF675) closed at £9.75 on the London Stock Exchange. Its ongoing charge is 0.50% a year (about £50 on £10,000). Over the five years to 13/11/2026 its total return was −14.8%, or −33.5% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −10.9%
- −14.1% after inflation (UK CPIH)
- 3 years to 13/11/2026
- −2.9%
- −12.3% after inflation (UK CPIH)
- 5 years to 13/11/2026
- −14.8%
- −33.5% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £852 on 13/11/2026 — about £665 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Invesco Preferred Shares UCITS ETF in pounds (price only, income paid out not included): 2022 −16.5%, 2023 −2.0%, 2024 +4.4%, 2025 −12.0%; 2026 to 13/11/2026 −12.3%. Returns of Invesco Preferred Shares UCITS ETF in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −12.8%; to 30/09/2025: −6.7%; to 30/09/2024: +3.6%; to 30/09/2023: −15.9%; to 30/09/2022: −4.2%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −12.3% | −15.1% | |
| to | −12.0% | −15.0% | |
| to | +4.4% | +0.8% | |
| −2.0% | −5.9% | ||
| −16.5% | −23.5% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | −12.8% | −15.9% |
| from | −6.7% | −10.3% |
| from | +3.6% | +1.0% |
| from | −15.9% | −20.9% |
| from | −4.2% | −12.0% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
11.6%over 5 years
| 1 year | 7.2% |
|---|---|
| 3 years | 9.0% |
| 5 years | 11.6% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −35.2%
- From to
- Lowest 12-month return
- −20.4%
- 12 months to
- Highest 12-month return
- +14.1%
- 12 months to
- Below its highest weekly close since November 2021
- 35.2%
- High of , latest
In words: Volatility of Invesco Preferred Shares UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 7.2% over 1 year, 9.0% over 3 years, 11.6% over 5 years. Largest fall in the price of Invesco Preferred Shares UCITS ETF since November 2021, in pounds: −35.2% from 10/12/2021 to 13/11/2026. The lowest 12-month return of Invesco Preferred Shares UCITS ETF in pounds (price only, income paid out not included) since January 2021 was −20.4% (12 months to 18/08/2023); the highest was +14.1% (12 months to 18/10/2024). On 13/11/2026 the price of Invesco Preferred Shares UCITS ETF was 35.2% below its highest weekly close since November 2021 (10/12/2021), in pounds.
As of , price only — income paid out is not included
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 0.50%
- a year
- On £10,000
- £50
- a year, roughly
- Over five years
- £248
- of £10,000, before growth
- 360 charge less
- 16 the same
- 51 charge more
Ongoing charge of Invesco Preferred Shares UCITS ETF 0.50% a year. Compared on 14/11/2026, 51 of the 427 other corporate and other bond funds charge more, 16 the same and 360 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
As of
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Invesco Preferred Shares UCITS ETF is an exchange-traded fund (ETF) from Invesco, launched in 2017.
It tracks the ICE BofA Diversified Core Plus Fixed Rate Preferred Securities Index.
You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.
Its ongoing charge is 0.5% a year — about £50 a year on every £10,000 invested, taken from the fund's value rather than billed to you.
Income from its investments is paid out to holders as cash, usually a few times a year.
Corporate & other bonds: Loans to companies and other borrowers, which usually pay more interest than government bonds in exchange for more risk.
Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN
Key facts
- Ticker
- PRFP
- ISIN
- IE00BDVJF675
- Also listed as
- PRFD (London Stock Exchange, US dollars)
- Provider
- Invesco
- Structure
- ETF
- An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
- Income
- Distributing, paid quarterly
- Income is paid out to holders as cash, usually a few times a year.
- Ongoing charge
- 0.50% a year · about £50 on £10,000
- Fund size
- £65.8m
- Launched
- Domicile
- Ireland
- UK reporting fund status
- Yes — on HMRC’s list of reporting funds (list of )
- Reporting fund since . What reporting fund status means
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Corporate & other bonds
Price chart
Over the last year, the closing price went from £11.57 on 14/11/2025 to £9.75 on 13/11/2026 (−15.7%). The lowest close shown was £9.75 on 13/11/2026 and the highest £11.57 on 14/11/2025.
One close a week. Before 18/09/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
Sign-up takes an email address. There is no card to enter and nothing to pay.
How we work it out:Prices and returnsNAV and price
What it holds
- Holdings
- 142
- on record
- Ten largest
- 39.8%
- of the whole fund
- Effective number of holdings
- 41
- As concentrated as this many equal-sized holdings (how it is worked out)
- Largest holding
- 7.7%
- JP Morgan Chase
Top 10 holdings
| Rank# | Holding | Weight as a percentage of the fund |
|---|---|---|
| 1 | JP Morgan ChaseJPM | 7.65% |
| 2 | Morgan StanleyMS | 6.65% |
| 3 | Bank of AmericaBAC | 6.09% |
| 4 | Wells FargoWFC | 4.29% |
| 5 | Public StoragePSA | 3.23% |
| 6 | AT&TT | 2.91% |
| 7 | Capital One FinancialCOF | 2.57% |
| 8 | Athene Holding Ltd USD 25.0000 Pfd | 2.45% |
| 9 | SouthernSO | 2.07% |
| 10 | Nextera Energy Capital USD 25.0000 Pfd | 1.92% |
As of , holdings as published
Where it invests
The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.
By sector
- financial Institutions77.9%
- utility12.4%
- industrial9.0%
By country
- United States95.7%
- Bermuda1.9%
- Canada1.7%
- Puerto Rico0.1%
By type of asset
- Equity99.4%
- Cash and money market0.6%
See the full portfolio
Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .
All holdings
The fund publishes 142 holdings; the ten largest make up 39.8% of it.
Create a free account to see the full holdings list
Sign-up takes an email address. There is no card to enter and nothing to pay.
Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured
Funds tracking the same index
2 funds track ICE BofA Diversified Core Plus Fixed Rate Preferred Securities Index, this one included and share classes counted once; their ongoing charges range from 0.50% to 0.50% a year (13/11/2026).
| Fund | Charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Invesco Preferred Shares UCITS ETFThis fundDistributing · 0.50% a year | 0.50% | −10.9% | −2.9% | −14.8% |
| Invesco Preferred Shares UCITS ETF AccAccumulating · 0.50% a year | 0.50% | −10.6% | −4.8% | −14.6% |
As of
Read more:Index fundsTracking differenceHow funds are compared
Other versions of this fund
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 254 rolling 12-month returns since January 2021, and of 150 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The largest fall since November 2021, in pounds, with how many weeks it took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Moves compared with a similar fund
Correlation and beta of weekly returns in pounds against iShares Core UK Gilts UCITS ETF, over the three years to 13/11/2026 (156 weeks).
Pro
Pro — currently by invitation
Pro includes moves against a comparable fund
Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].
Questions people ask
What is the ongoing charge of PRFP?
The ongoing charge of PRFP is 0.50% a year — about £50 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco Preferred Shares UCITS ETF 0.50% a year. Compared on 14/11/2026, 51 of the 427 other corporate and other bond funds charge more, 16 the same and 360 less (share classes counted once).
What does PRFP track?
PRFP tracks the ICE BofA Diversified Core Plus Fixed Rate Preferred Securities Index.
Is PRFP accumulating or distributing?
PRFP is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.
What is the ISIN of PRFP?
The ISIN of PRFP is IE00BDVJF675. An ISIN identifies one exact share class of a fund; PRFP is its ticker on the London Stock Exchange. The same share class is also listed as PRFD (London Stock Exchange, US dollars).
What does PRFP hold?
As of 12/11/2026, PRFP holds 142 positions, according to its published holdings. The largest is JP Morgan Chase at 7.65% of the fund; the ten largest make up 39.8%. Its ten largest holdings are JP Morgan Chase (7.65%), Morgan Stanley (6.65%), Bank of America (6.09%), Wells Fargo (4.29%), Public Storage (3.23%), AT&T (2.91%), Capital One Financial (2.57%), Athene Holding Ltd USD 25.0000 Pfd (2.45%), Southern (2.07%) and Nextera Energy Capital USD 25.0000 Pfd (1.92%).
What were PRFP’s returns in each of the last five years?
Calendar-year returns of PRFP in pounds (price only, income paid out not included): 2022 −16.5%, 2023 −2.0%, 2024 +4.4%, 2025 −12.0%; 2026 to 13/11/2026 −12.3%. Past performance is not a guide to future returns.
How has PRFP done after inflation?
Over the five years to 13/11/2026 PRFP’s total return was −14.8%, or −33.5% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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