NYSE ARCA | ETF
The index measures the performance of exchange-listed,U. S. dollar-denominated preferred securities and hybrid securities listed on the New York Stock Exchange (NYSE) or NASDAQ Capital Market (NASDAQ) with an option-adjusted duration of less than five years.
Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in preferred and income securities.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AGPXX | Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional | 3.74% | ||
| STRF | MicroStrategy Incorporated 10.00% Series A Perpetual Strife Preferred Stock | Technology | Software - Application | 2.11% |
| TBB | AT&T Inc | 1.94% | ||
| US949746TD35 | Wells Fargo & Co 3.9% | 1.81% | ||
| SCHW-P-D | The Charles Schwab Corporation Depositary Shares Series D | Other | Other | 1.61% |
| ATH-PA | Athene Holding Ltd | Financial Services | Insurance - Life | 1.58% |
| RZC | 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 | 1.55% | ||
| GS-PA | The Goldman Sachs Group Inc | Financial Services | Capital Markets | 1.38% |
| TBC | AT&T Inc ELKS | Technology | Telecommunications Services | 1.30% |
| KEY-P-I | KeyCorp Depositary Shares Series E | Other | Other | 1.26% |
| AGNCP_old | American Capital Agency Corp. | Real Estate | REIT - Mortgage | 1.26% |
| JXN-PA | Jackson Financial Inc. | Financial Services | Insurance - Life | 1.21% |
| MET-P-A | MetLife Inc. Preferred Series A Floating Rate | Other | Other | 1.21% |
| CHSCO | CHS Inc CO Pref | Consumer Defensive | Farm Products | 1.21% |
| WCC-PA | WESCO International Inc | Industrials | Industrial Distribution | 1.18% |
| CHSCL | CHS Inc CL Pref | Consumer Defensive | Farm Products | 1.14% |
| ATR0 | ATHENE HOLDING PRF.SER.C | Financial Services | Insurance - Life | 1.12% |
| BANC-PF | Banc of California Inc. | Financial Services | Banks - Regional | 1.08% |
| US808513BJ38 | SCHW 4 | 1.07% | ||
| US808513BK01 | SCHW 4 | 1.05% |