IPPP 10.38 Preferred-Plus ETF
| Range: | 8.45-11.73 | Vol Avg: | 1440 | Last Div: | 0.55 | Changes: | -0.02 |
| Beta: | 1.56 | Cap: | 0.01B | Currency: | USD | Exchange: | AMEX |
| Sector: | Financial Services | IPO: | Mon Mar 07 2022 | Empoloyees: | |||
| CUSIP: | CIK: | 0001683471 | ISIN: | US53656F2193 | Country: | US | |
The fund invests at least 80% of its net assets (plus any borrowings made for investment purposes) in a portfolio of preferred securities issued by U.S. and non-U.S. companies. It may invest in preferred securities of all issuer capitalizations. The fund may also invest in publicly-traded partnerships (“PTPs”). The Advisor intends to maintain approximately 10% asset exposure to a credit spread options strategy, although market conditions may dictate additional exposure.
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