NYSE ARCA | ETF
Under normal market conditions, the fund invests at least 80% of its net assets in preferred stocks and other preferred securities.
Preferred stocks and preferred securities include, but are not limited to, convertible preferred securities, corporate hybrid securities, trust preferred securities, cumulative and non-cumulative preferred stock, and depositary shares of preferred stock.
The adviser will concentrate its investments in the group of industries that comprise the utilities and the communication sectors.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| 1935 | JH Educational Technology Inc | Consumer Defensive | Education & Training Services | 6.22% |
| RZC | 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 | null | null | 1.29% |
| SREA | DBA Sempra 5.750% Junior Subordinated Notes due 2079 | 0.88% | ||
| AQNB | Algonquin Power Utilities Corp | 0.88% | ||
| CMSD | CMS Energy Corp | Utilities | Multiline Utilities | 0.84% |
| NSS | NuStar Logistics 7.625% Fixed To Floating Rate Subordinated Notes Exp 15 Jan 2043 | Other | Other | 0.74% |
| AQNU | Algonquin Power & Utilities Corp Unit | Utilities | Utilities - Renewable | 0.72% |
| DTW | DTE Energy Co Pref Series E | 0.67% | ||
| NRUC | National Rural Utilities Cooperative Finance Corp | Financials | Investment Banking & Investment Services | 0.66% |
| UNMA | Unum Group | 0.61% | ||
| AQN | Algonquin Power & Utilities Corp | Utilities | Utilities - Diversified | 0.59% |
| AESC | AES Corp Unit | Utilities | Utilities - Diversified | 0.50% |
| SOJD | Southern Co | 0.47% | ||
| CMSA | CMS Energy Corp | Utilities | Multiline Utilities | 0.46% |
| QRTEP | Qurate Retail Inc | Consumer Cyclical | Internet Retail | 0.46% |
| AFGC | American Financial Group Inc | 0.46% | ||
| NEE-PR | Nextera Energy Inc | Utilities | Utilities - Regulated Electric | 0.45% |
| RN70 | REGIONS FINANCIAL PFD E | Financial Services | Banks - Regional | 0.43% |
| UZE | United States Cellular Preferred 5.500% due 2070 | 0.36% | ||
| CMSC | CMS Energy Corp | Utilities | Multiline Utilities | 0.34% |