NYSE ARCA | ETF
The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the underlying index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index.
The underlying index is designed to track the broad-based performance of theU. S.-listed variable rate preferred securities market.
It is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| MSPA | Morgan Stanley Deposit Shs Repr 1/1000th Flt Rate Non Cum Pfd Shs Series - | Other | Other | 4.49% |
| RZC | 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 | 3.16% | ||
| JXNPA | Jackson Financial Inc FXDFR PRF PERPETUAL USD 25 - Ser A | 2.95% | ||
| METPA | MetLife Inc Floating Rate Non Cum Pfd Registered Shs Series -A- | 2.94% | ||
| GSPD | Goldman Sachs Group Inc Deposit Shs Repr 1/1000th Perp Fltg Rate Non Cum Pf | Other | Other | 2.87% |
| USBPH | U.S. Bancorp Shs Repr 1/1000th Non-Cum Perpetual Pfd Shs Series -B- | 2.79% | ||
| SYFPB | Synchrony Financial 8.25% PRF PERPETUAL USD 25 - Dep rep 1/40 Ser B | 2.68% | ||
| ALLPB | Allstate Corp Pfd | 2.67% | ||
| BANCPF | Banc of California Inc 7.70% PRF PERPETUAL USD - Ser F | 2.63% | ||
| BKPK | Bank of New York Mellon Corp FXDFR PRF PERPETUAL USD 25 - Ser K 1/4000th In | 2.62% | ||
| MET-P-A | MetLife Inc. Preferred Series A Floating Rate | Other | Other | 2.53% |
| JXN-PA | Jackson Financial Inc. | Financial Services | Insurance - Life | 2.52% |
| KEY-P-I | KeyCorp Depositary Shares Series E | Other | Other | 2.46% |
| ATR0 | ATHENE HOLDING PRF.SER.C | Financial Services | Insurance - Diversified | 2.31% |
| BANC-PF | Banc of California Inc. | Financial Services | Banks - Regional | 2.28% |
| CHSCM | CHS Inc CM Pref | Consumer Defensive | Farm Products | 2.16% |
| FITBI | Fifth Third Bancorp | Financial Services | Banks - Regional | 2.02% |
| ATH-PA | Athene Holding Ltd | Financial Services | Insurance - Life | 1.97% |
| AGNCP_old | American Capital Agency Corp. | Real Estate | REIT - Mortgage | 1.94% |
| CHSCN | CHS Inc CN Pref | Consumer Defensive | Farm Products | 1.85% |