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 |
|---|---|---|---|---|
| RZC | 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 | null | null | 1.29% |
| SREA | DBA Sempra 5.750% Junior Subordinated Notes due 2079 | 1.16% | ||
| AQNB | Algonquin Power Utilities Corp | 1.10% | ||
| CMSD | CMS Energy Corp | Utilities | Multiline Utilities | 1.10% |
| DTW | DTE Energy Co Pref Series E | 0.88% | ||
| 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% |
| 1935 | JH Educational Technology Inc | Consumer Defensive | Education & Training Services | 0.67% |
| AQN | Algonquin Power & Utilities Corp | Utilities | Utilities - Renewable | 0.55% |
| QRTEP | Qurate Retail Inc | Consumer Cyclical | Internet Retail | 0.55% |
| UNMA | Unum Group | 0.54% | ||
| AESC | AES Corp Unit | Utilities | Utilities - Diversified | 0.50% |
| CMSA | CMS Energy Corp | Utilities | Multiline Utilities | 0.49% |
| AFGC | American Financial Group Inc | 0.48% | ||
| NEE-PR | Nextera Energy Inc | Utilities | Utilities - Regulated Electric | 0.47% |
| RN70 | REGIONS FINANCIAL PFD E | Financial Services | Banks - Regional | 0.45% |
| UZE | United States Cellular Preferred 5.500% due 2070 | 0.38% | ||
| ESGRP | Enstar Group Ltd Pref Series D | Financial Services | Insurance - Diversified | 0.36% |
| CMSC | CMS Energy Corp | Utilities | Multiline Utilities | 0.34% |
| SJIJ | South Jersey Industries Inc | 0.34% |