NEW YORK, Dec. 19, 2019 /PRNewswire/ -- The InfraCap
REIT Peferred ETF (NYSE Arca: PFFR) has declared a monthly
distribution of $0.14 per
share. The distribution will be paid December 30, 2019 to shareholders of record as of
the close of business December 23,
2019.
PFFR Cash Distribution:
- Ex-Date: Friday, December 20,
2019
- Record Date: Monday, December 23,
2019
- Payable Date: Monday, December 30,
2019
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 January
2020.
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