NYSE ARCA | ETF
In seeking to track the performance of the index, the adviser employs a sampling strategy.
It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index.
The index is designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock, including, but not limited to, senior and subordinated debt.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| C-PN | Citigroup Capital XIII TR PFD SECS | Other | Other | 3.97% |
| CPN | Calpine Corporation | Other | Other | 3.56% |
| TBB | AT&T Inc | 1.74% | ||
| COFPI | Capital One Financial Corp Series I | Other | Other | 1.71% |
| COF-PI | Capital One Financial Corporation | Financial Services | Credit Services | 1.68% |
| WFCPZ | Wells Fargo & Co 4.75% PRF PERPETUAL USD 25 Series Z Class A | Other | Other | 1.66% |
| ALLPH | Allstate Corp 5.10% PRF PERPETUAL USD 25 - Ser H 1/1000th Int | Other | Other | 1.50% |
| COFPJ | Capital One Financial Corp 4.80% PRF PERPETUAL USD 25 - 1/40TH INT Series J | 1.34% | ||
| COF-PJ | Capital One Financial Corporation | Financial Services | Credit Services | 1.34% |
| DUKPA | Duke Energy Corp 5.75% PRF PERPETUAL USD 25 - Ser A 1/1000th Int | Other | Other | 1.33% |
| ATH-PA | Athene Holding Ltd | Financial Services | Insurance - Life | 1.22% |
| SOJD | Southern Co | 1.18% | ||
| MET-PF | MetLife Inc Preferred Stock Series F | Financial Services | Insurance - Life | 1.16% |
| TBC | AT&T Inc ELKS | Technology | Telecommunications Services | 1.15% |
| SCHW-P-D | The Charles Schwab Corporation Depositary Shares Series D | Other | Other | 1.12% |
| RZC | 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 | 1.06% | ||
| SREA | DBA Sempra 5.750% Junior Subordinated Notes due 2079 | 0.94% | ||
| NWT0 | WELLS FARGO+CO.PRF.SER.AA | Financial Services | Banks - Diversified | 0.93% |
| ATR0 | ATHENE HOLDING PRF.SER.C | Financial Services | Insurance - Life | 0.89% |
| MET-P-A | MetLife Inc. Preferred Series A Floating Rate | Other | Other | 0.87% |