# PFFA Yield Hits 10.7% As Fed Turns Hawkish

> PFFA ETF delivers 10.7% yield despite Fed rate hikes and market shifts.
- Title: PFFA Yield Hits 10.7% As Fed Turns Hawkish · Seekingalpha
- Summary: PFFA ETF delivers 10.7% yield despite Fed rate hikes and market shifts. PFFA ETF offers 10.7% yield while the Fed turns hawkish, maintaining monthly payouts.
- Keywords: pffa, fed, yield, rate hikes, preferred stock, etf, money, business, Hits, Turns, Hawkish, Seekingalpha
- Source: Seekingalpha — https://seekingalpha.com/article/4955126-pffa-the-fed-turns-hawkish-and-the-yield-reaches-10-7-percent
- Author: Steven Fiorillo
- Published: 2026-10-19T12:30:00+00:00
- Read time: 1 min
- Topics: pffa, fed, yield, rate hikes, preferred stock, etf, money, business
## PFFA Yield at 10.7%
Virtus InfraCap U.S. Preferred Stock ETF offers 10.7% yield outperforming its index and maintaining monthly payouts despite recent rate hikes.
## Active Management Strategy
PFFA leverages active management, sector tilts, and an options overlay to enhance income and capitalize on preferred market inefficiencies.
## Leverage and Risk Profile
The fund uses 25% leverage of NAV and sector concentration to drive yield and risk, with rising rates increasing funding costs but maintaining an attractive income spread.
## Investor Recommendation
The analyst plans to add to PFFA below $20, favoring its wide yield spread and resilient distributions for income-focused portfolios.
## Key takeaway

PFFA ETF offers 10.7% yield while the Fed turns hawkish, maintaining monthly payouts.