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 |
|---|---|---|---|---|
| TBB | AT&T Inc | 1.81% | ||
| SOJD | Southern Co | 1.33% | ||
| TBC | AT&T Inc ELKS | Technology | Telecommunications Services | 1.18% |
| SREA | DBA Sempra 5.750% Junior Subordinated Notes due 2079 | 1.08% | ||
| RZC | 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 | 1.07% | ||
| CMSD | CMS Energy Corp | Utilities | Multiline Utilities | 0.90% |
| ATR0 | ATHENE HOLDING PRF.SER.C | Financial Services | Insurance - Diversified | 0.86% |
| PRS | Prudential Financial Inc | 0.82% | ||
| NWT0 | WELLS FARGO+CO.PRF.SER.AA | Financial Services | Banks - Diversified | 0.81% |
| DUKB | Duke Energy Corp | 0.71% | ||
| SWG0 | CHARLES SCHWAB DEP.PRF.J | Financial Services | Capital Markets | 0.70% |
| CFX0 | CAPITAL ONE FIN PRF.L 25 | Financial Services | Credit Services | 0.67% |
| FITBI | Fifth Third Bancorp | Financial Services | Banks - Regional | 0.66% |
| SOJC | Southern Co | 0.62% | ||
| RZB | Reinsurance Group of America Inc | 0.59% | ||
| ESGRP | Enstar Group Ltd Pref Series D | Financial Services | Insurance - Diversified | 0.58% |
| PFH | Prudential Financial Inc 4.125% Junior Subordinated Notes | 0.57% | ||
| DTW | DTE Energy Co Pref Series E | 0.55% | ||
| EAI | Entergy Arkansas LLC Deb 2066 | 0.52% | ||
| ACGLO | Arch Capital Group Ltd. | Financial Services | Insurance - Diversified | 0.45% |