Description: Under normal market conditions, the fund invests at least 80% of its net assets in preferred stocks and other preferred securities. Preferred stocks and preferred securities include, but are not limited to, convertible preferred securities, corporate hybrid securities, trust preferred securities, cumulative and non-cumulative preferred stock, and depositary shares of preferred stock. The adviser will concentrate its investments in the group of industries that comprise the utilities and the communication sectors.
Exchange: NYSE ARCA
Country: US : United States of America
Currency: US Dollar ($)
Category: Preferred Stock
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| NotClassified | 84.65 | 0.00 | 84.65 |
| Bond | 12.27 | 0.00 | 12.27 |
| Stock non-US | 2.39 | 0.00 | 2.39 |
| Stock US | 0.70 | 0.00 | 0.70 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Consumer Defensive | 60.53 | 0.00 |
| Utilities | 39.47 | 63.32 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Asia Emerging | 60.53 | 0.00 |
| North America | 39.47 | 90.47 |
| United Kingdom | 0.00 | 9.53 |