NEW YORK, March 19, 2021 /PRNewswire/ -- The Virtus
InfraCap U.S. Preferred Stock ETF (NYSE Arca: PFFA) (the "Fund")
has declared a monthly distribution of $0.16 per share ($1.92 per share on an annualized basis). The
distribution will be paid March 30,
2021 to shareholders of record as of the close of business
March 23, 2021.
PFFA Cash Distribution:
- Ex-Date: Monday, March 22,
2021
- Record Date: Tuesday, March 23,
2021
- Payable Date: Tuesday, March 30,
2021
Infrastructure Capital Advisors expects to declare future
distributions on a monthly basis. Distributions are planned,
but not guaranteed, for every month. The next distribution is
scheduled to occur in April 2021.
For more information about PFFA's distribution policy, its 2021
distribution calendar, or tax information, please visit the Fund's
website at www.virtusetfs.com.
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: The value of an ETF may be more
volatile than the underlying portfolio of securities the ETF is
designed to track. The costs of owning the ETF may exceed the cost
of investing directly in the underlying securities. Preferred
Stock: Preferred stocks may decline in price, fail to pay
dividends, or be illiquid. Non-Diversified: The Fund is
non-diversified and may be more susceptible to factors negatively
impacting its holdings to the extent that each security represents
a larger portion of the Fund's assets. Short Sales: The Fund
may engage in short sales, and may experience a loss if the price
of a borrowed security increases before the date on which the Fund
replaces the security. Leverage: When a Fund leverages its
portfolio, the value of its shares may be more volatile and all
other risks may be compounded. Derivatives: Investments in
derivatives such as futures, options, forwards, and swaps may
increase volatility or cause a loss greater than the principal
investment. No Guarantee: There is no guarantee that the
portfolio will meet its objective. 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 Virtus InfraCap U.S. Preferred Stock ETF