NYSE ARCA | ETF
The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index.
ICE Data Indices, LLC (the "index provider") compiles and calculates the underlying index, a market capitalization weighted index designed to track the performance of exchange-listed, fixed rateU. S. dollar denominated preferred securities, and securities that the index provider believes are functionally equivalent to preferred securities, issued in theU. S. domestic market by financial companies.
It is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| JPMPC | JPMorgan Chase & Co 6% PRF PERPETUAL USD 25 - Dep rep 1/400 Ser EE | Other | Other | 2.37% |
| ALLPH | Allstate Corp 5.10% PRF PERPETUAL USD 25 - Ser H 1/1000th Int | Other | Other | 2.24% |
| JPMPD | JPMorgan Chase & Co Pfd | Other | Other | 2.15% |
| WFCPZ | Wells Fargo & Co 4.75% PRF PERPETUAL USD 25 Series Z Class A | Other | Other | 2.08% |
| JPMPM | JPMPM | 1.94% | ||
| JPMPL | JPMorgan Chase & Co PRF PERPETUAL USD - Ser LL 1/400th Int | 1.94% | ||
| METPF | MetLife Inc Series F | 1.92% | ||
| MTBPJ | M&T Bank Corp 7.50% PRF PERPETUAL USD 25 - 1/400th In Pfd Ser J | 1.89% | ||
| COFPI | Capital One Financial Corp Series I | Other | Other | 1.87% |
| COF-PI | Capital One Financial Corporation | Financial Services | Credit Services | 1.85% |
| METPE | MetLife Inc Pfd | 1.80% | ||
| MET-PF | MetLife Inc Preferred Stock Series F | Financial Services | Insurance - Life | 1.78% |
| BACPB | Bank of America Corporation Pfd | Other | Other | 1.75% |
| SCHW-P-D | The Charles Schwab Corporation Depositary Shares Series D | Other | Other | 1.72% |
| COF-PJ | Capital One Financial Corporation | Financial Services | Credit Services | 1.48% |
| ATH-PA | Athene Holding Ltd | Financial Services | Insurance - Life | 1.43% |
| KEY-P-I | KeyCorp Depositary Shares Series E | Other | Other | 1.35% |
| MS-P-I | Morgan Stanley Depository Shares Series 1 | Other | Other | 1.33% |
| JXN-PA | Jackson Financial Inc. | Financial Services | Insurance - Life | 1.32% |
| MS-P-K | Morgan Stanley Depositary Shares Series K | Other | Other | 1.20% |