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 |
|---|---|---|---|---|
| TBB | AT&T Inc | 1.98% | ||
| TBC | AT&T Inc ELKS | Technology | Telecommunications Services | 1.29% |
| RZC | 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 | null | null | 1.25% |
| SREA | DBA Sempra 5.750% Junior Subordinated Notes due 2079 | 1.15% | ||
| CMSD | CMS Energy Corp | Utilities | Multiline Utilities | 0.96% |
| ATR0 | ATHENE HOLDING PRF.SER.C | Financial Services | Insurance - Diversified | 0.94% |
| CHSCO | CHS Inc CO Pref | Consumer Defensive | Farm Products | 0.93% |
| AGNCP_old | American Capital Agency Corp. | Real Estate | REIT - Mortgage | 0.89% |
| PRS | Prudential Financial Inc | 0.86% | ||
| CHSCL | CHS Inc CL Pref | Consumer Defensive | Farm Products | 0.84% |
| QRTEP | Qurate Retail Inc | Consumer Cyclical | Internet Retail | 0.81% |
| CHSCM | CHS Inc CM Pref | Consumer Defensive | Farm Products | 0.77% |
| DUKB | Duke Energy Corp | 0.77% | ||
| NSS | NuStar Logistics 7.625% Fixed To Floating Rate Subordinated Notes Exp 15 Jan 2043 | Other | Other | 0.73% |
| FITBI | Fifth Third Bancorp | Financial Services | Banks - Regional | 0.72% |
| BAC-PK | Bank of America Corporation | Financial Services | Banks - Diversified | 0.69% |
| SOJC | Southern Co | 0.68% | ||
| CHSCN | CHS Inc CN Pref | Consumer Defensive | Farm Products | 0.67% |
| RZB | Reinsurance Group of America Inc | 0.62% | ||
| DTW | DTE Energy Co Pref Series E | 0.57% |