NYSE ARCA | ETF
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| SLMBP | SLM Corp Pb Pref | Financial Services | Credit Services | 3.2% |
| GNL-PD | Global Net Lease Inc. 7.50% Cum. Redeem. Pfd. Series D | Real Estate | REIT - Diversified | 2.92% |
| NYMTN | New York Mortgage Trust Inc Pref | Real Estate | REIT - Mortgage | 2.61% |
| AESC | AES Corp Unit | Utilities | Utilities - Diversified | 2.24% |
| UGIC | UGI Corp Unit | Utilities | Utilities - Regulated Gas | 1.78% |
| NYMTM | New York Mortgage Trust Inc PR | Real Estate | REIT - Mortgage | 1.63% |
| AQNU | Algonquin Power & Utilities Corp Unit | Utilities | Utilities - Renewable | 1.37% |
| VLYPP | Valley National Bancorp A Pref | Financial Services | Banks - Regional | 1.28% |
| UZE | United States Cellular Preferred 5.500% due 2070 | 1.28% | ||
| HTIBP | Healthcare Trust Inc Preferred Series B | Real Estate | REIT - Healthcare Facilities | 0.55% |
| AES | The AES Corporation | Utilities | Utilities - Diversified | 0.35% |
| OZKAP | Bank Ozk Preferred Series A | Financial Services | Banks - Regional | 0.29% |
| VLYPO | Valley National Bancorp B Pref | Financial Services | Banks - Regional | 0.26% |
| 3T71 | TEXTAINER GRP.PRF.S.B 25 | Industrials | Rental & Leasing Services | 0.21% |
| OXLCO | Oxford Lane Capital Corp Corp Pref 9 | Financial Services | Asset Management | 0.16% |
| LBRDP | Liberty Broadband Corp | Communication Services | Telecom Services | 0.16% |
| RILYL | B. Riley Financial Inc | Financial Services | Financial Conglomerates | 0.14% |
| NYMTL | New York Mortgage Trust Inc Preferred | Real Estate | REIT - Mortgage | 0.12% |
| ESGRP | Enstar Group Ltd Pref Series D | Financial Services | Insurance - Diversified | 0.11% |
| XOMAP | XOMA Corp | Healthcare | Biotechnology | 0.08% |
Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. preferred stock, and in derivatives and other instruments that have economic characteristics similar to such investments. The Sub-Adviser actively manages the fund's assets pursuant to a variety of quantitative, qualitative and relative valuation factors. The fund is non-diversified.