NYSE | ETF
The fund will invest at least 80% of its total assets 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 tracks the performance of the highest-yielding preferred securities listed in the United States, as determined by Solactive AG, the administrator of the underlying index ("Index Administrator").
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| HPEPC | Hewlett Packard Enterprise Co 7.625% PRF CONVERT 01/09/2027 USD 50 - Ser C | 5.47% | ||
| ALBPA | Albemarle Corp PRF PERPETUAL USD 1000 - Ser A 1/20th Pref St | 4.94% | ||
| ORCLPD | Oracle Corp FR PRF PERPETUAL USD - DpSh 1/2000 Prf Sr D | 4.60% | ||
| WFCPL | Wells Fargo & Co 7 1/2 % Non Cum Perp Conv Pfd Shs -A- Series -L- | Other | Other | 4.59% |
| BACPL | Bank of America Corporation | Other | Other | 4.46% |
| KKRPD | KKR & Co Inc 6.25% PRF CONVERT 01/03/2028 USD 50 - Ser D | 3.69% | ||
| PCGPX | STRATEGIC ASSET MANAGEMENT CONSERVATIVE GROWTH PORTFOLIO R-3 | 3.58% | ||
| MCHPP | Microchip Technology Incorporated | Technology | Semiconductors | 3.57% |
| T-PC | AT&T Inc | Communication Services | Telecom Services | 3.55% |
| APOPA | Apollo Global Management Inc 6.75% PRF CONVERT 31/07/2026 USD 50 - Ser A | 3.52% | ||
| JPMPM | JPMPM | 3.36% | ||
| JPMPL | JPMorgan Chase & Co PRF PERPETUAL USD - Ser LL 1/400th Int | 3.35% | ||
| BAC-PL | Bank of America Corporation | Financial Services | Banks - Diversified | 3.15% |
| WFC-PL | Wells Fargo & Company | Financial Services | Banks - Diversified | 3.07% |
| MTBPJ | M&T Bank Corp 7.50% PRF PERPETUAL USD 25 - 1/400th In Pfd Ser J | 2.93% | ||
| MSPP | Modular Space Holdings Inc | Other | Other | 2.93% |
| ARESPB | Ares Management Corp 6.75% PRF PERPETUAL USD 50 - Ser B | 2.92% | ||
| MSPK | Morgan Stanley 1/1000th Non-Cum Pfd -K- | 2.84% | ||
| ATH-PA | Athene Holding Ltd | Financial Services | Insurance - Life | 2.83% |
| MSPO | Morgan Stanley 4.25% PRF PERPETUAL USD 25 - Ser O | 2.82% |