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 | 2.27% |
| RZC | 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 | 1.29% | ||
| ATH-PA | Athene Holding Ltd | Financial Services | Insurance - Life | 1.06% |
| SCE-PM | SCE Trust VII | 1.00% | ||
| C-PN | Citigroup Capital XIII TR PFD SECS | Other | Other | 0.93% |
| US693475BF18 | PNC 6.2 | 0.81% | ||
| US92840MAB81 | VST 8 | 0.77% | ||
| US29273VAM28 | Energy Transfer 7.125% perp. | 0.77% | ||
| US172967PC98 | C 7.375 | 0.76% | ||
| RNR-PG | RenaissanceRe Holdings Ltd. | Financial Services | Insurance - Reinsurance | 0.76% |
| CMSD | CMS Energy Corp | Utilities | Multiline Utilities | 0.76% |
| SNV-PE | Synovus Financial Corp | Financial Services | Banks - Regional | 0.75% |
| US174610AQ88 | CFG 6.375 | 0.75% | ||
| AIZN | Assurant Inc | 0.75% | ||
| US693475BD69 | PNC 6 | 0.75% | ||
| NSS | NuStar Logistics 7.625% Fixed To Floating Rate Subordinated Notes Exp 15 Jan 2043 | Other | Other | 0.74% |
| TDS-PV | Telephone and Data Systems Inc. | Communication Services | Telecom Services | 0.73% |
| AQNU | Algonquin Power & Utilities Corp Unit | Utilities | Utilities - Renewable | 0.72% |
| US629377CU45 | NRG 10.25 | 0.68% | ||
| PSA-PL | Public Storage | Real Estate | REIT - Industrial | 0.67% |