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 | 0.96% |
| SCE-PM | SCE Trust VII | 0.92% | ||
| C-PN | Citigroup Capital XIII TR PFD SECS | Other | Other | 0.85% |
| TDS-PV | Telephone and Data Systems Inc. | Communication Services | Telecom Services | 0.80% |
| US78397DAA63 | SECBEN 7 | 0.79% | ||
| US693475BF18 | PNC 6.2 | 0.75% | ||
| 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% |
| US29273VAM28 | Energy Transfer 7.125% perp. | 0.72% | ||
| US92840MAB81 | VST 8 | 0.71% | ||
| US172967PC98 | C 7.375 | 0.71% | ||
| PSA-PL | Public Storage | Real Estate | REIT - Industrial | 0.70% |
| SNV-PE | Synovus Financial Corp | Financial Services | Banks - Regional | 0.69% |
| UZD | United States Cellular Corporat | 0.69% | ||
| US174610AQ88 | CFG 6.375 | 0.69% | ||
| AIZN | Assurant Inc | 0.69% | ||
| US693475BD69 | PNC 6 | 0.69% | ||
| CMSD | CMS Energy Corp | Utilities | Multiline Utilities | 0.68% |