NYSE ARCA | ETF
Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of preferred and other income securities issued byU. S. and non-U.S. companies, including traditional preferred securities; hybrid preferred securities that have investment and economic characteristics of both preferred stock and debt securities.
The fund is non-diversified.
Top 11 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| TRIXX | State Street Institutional Investment Trust - Treasury Fund | 4.84% | ||
| US89832QAD16 | TFC 4.8 | 1.39% | ||
| US949746TD35 | Wells Fargo & Co 3.9% | 0.94% | ||
| US05971KAH23 | Banco Santander S.A. 475% | 0.94% | ||
| CMSC | CMS Energy Corp | Utilities | Multiline Utilities | 0.80% |
| US808513BJ38 | SCHW 4 | 0.74% | ||
| US172967PE54 | CITIGROUP 23/UND.FLR | 0.74% | ||
| US172967PC98 | C 7.375 | 0.66% | ||
| US38141GA385 | GOLDM.S.GRP 23/UND. FLR | 0.56% | ||
| US693475BD69 | PNC 6 | 0.55% | ||
| US929089AG55 | US929089AG55 | 0.51% |