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 |
|---|---|---|---|---|
| TBC | AT&T Inc ELKS | Technology | Telecommunications Services | 1.35% |
| SREA | DBA Sempra 5.750% Junior Subordinated Notes due 2079 | 1.24% | ||
| RZC | 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 | 1.22% | ||
| CMSD | CMS Energy Corp | Utilities | Multiline Utilities | 1.03% |
| ATR0 | ATHENE HOLDING PRF.SER.C | Financial Services | Insurance - Diversified | 0.98% |
| CHSCO | CHS Inc CO Pref | Consumer Defensive | Farm Products | 0.94% |
| PRS | Prudential Financial Inc | 0.93% | ||
| CHSCL | CHS Inc CL Pref | Consumer Defensive | Farm Products | 0.88% |
| AGNCP_old | American Capital Agency Corp. | Real Estate | REIT - Mortgage | 0.86% |
| NSS | NuStar Logistics 7.625% Fixed To Floating Rate Subordinated Notes Exp 15 Jan 2043 | Other | Other | 0.85% |
| QRTEP | Qurate Retail Inc | Consumer Cyclical | Internet Retail | 0.83% |
| CHSCM | CHS Inc CM Pref | Consumer Defensive | Farm Products | 0.82% |
| FITBI | Fifth Third Bancorp | Financial Services | Banks - Regional | 0.75% |
| AGPXX | Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional | 0.71% | ||
| CHSCN | CHS Inc CN Pref | Consumer Defensive | Farm Products | 0.71% |
| RZB | Reinsurance Group of America Inc | 0.67% | ||
| ESGRP | Enstar Group Ltd Pref Series D | Financial Services | Insurance - Diversified | 0.67% |
| DTW | DTE Energy Co Pref Series E | 0.63% | ||
| AQNB | Algonquin Power Utilities Corp | 0.57% | ||
| AGNCN | AGNC Investment Corp. | Real Estate | REIT - Mortgage | 0.55% |