NYSE ARCA | 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 8 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| T-PC | AT&T Inc | Communication Services | Telecom Services | 3.62% |
| SREA | DBA Sempra 5.750% Junior Subordinated Notes due 2079 | 1.94% | ||
| RZC | 7.125% Fixed-Rate Reset Subordinated Debentures due 2052 | 1.89% | ||
| ATR0 | ATHENE HOLDING PRF.SER.C | Financial Services | Insurance - Diversified | 1.52% |
| NWT0 | WELLS FARGO+CO.PRF.SER.AA | Financial Services | Banks - Diversified | 1.48% |
| AGNCP_old | American Capital Agency Corp. | Real Estate | REIT - Mortgage | 1.34% |
| CFX0 | CAPITAL ONE FIN PRF.L 25 | Financial Services | Credit Services | 1.18% |
| ESGRP | Enstar Group Ltd Pref Series D | Financial Services | Insurance - Diversified | 1.02% |