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 |
|---|---|---|---|---|
| CPN | Calpine Corporation | Other | Other | 3.91% |
| C-PN | Citigroup Capital XIII TR PFD SECS | Other | Other | 3.77% |
| COFPI | Capital One Financial Corp Series I | Other | Other | 1.73% |
| WFC-PZ | Wells Fargo & Company | Financial Services | Banks - Diversified | 1.65% |
| WFCPZ | Wells Fargo & Co 4.75% PRF PERPETUAL USD 25 Series Z Class A | Other | Other | 1.65% |
| TBB | AT&T Inc | 1.63% | ||
| COF-PI | Capital One Financial Corporation | Financial Services | Credit Services | 1.58% |
| ALLPH | Allstate Corp 5.10% PRF PERPETUAL USD 25 - Ser H 1/1000th Int | Other | Other | 1.47% |
| DUKPA | Duke Energy Corp 5.75% PRF PERPETUAL USD 25 - Ser A 1/1000th Int | Other | Other | 1.44% |
| DUK-PA | Duke Energy Corporation | Utilities | Utilities - Regulated Electric | 1.39% |
| COFPJ | Capital One Financial Corp 4.80% PRF PERPETUAL USD 25 - 1/40TH INT Series J | 1.37% | ||
| ALL-PH | The Allstate Corporation | Financial Services | Insurance - Property & Casualty | 1.36% |
| ATHPA | Athene Holding Ltd FXDFR PRF PERPETUAL USD 25 - Ser A 1/1000 Int Dep | Other | Other | 1.25% |
| COF-PJ | Capital One Financial Corporation | Financial Services | Credit Services | 1.25% |
| ATH-PA | Athene Holding Ltd | Financial Services | Insurance - Life | 1.19% |
| TBC | AT&T Inc ELKS | Technology | Telecommunications Services | 1.15% |
| MET-PF | MetLife Inc Preferred Stock Series F | Financial Services | Insurance - Life | 1.13% |
| SOJD | Southern Co | 1.12% | ||
| JPM-P-D | JPMorgan Chase Bank N A London Branch Depositary Shs Repstg 1400th Pfd Ser O | Other | Other | 1.11% |
| USB-PH | U.S. Bancorp | Financial Services | Banks - Regional | 1.06% |