Listed Funds Trust Preferred-Plus ETFListed Funds Trust Preferred-Plus ETFListed Funds Trust Preferred-Plus ETF

Listed Funds Trust Preferred-Plus ETF

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Key stats


Assets under management (AUM)
‪12.12 M‬USD
Fund flows (1Y)
‪774.12 K‬USD
Dividend yield (indicated)
5.55%
Discount/Premium to NAV
0.08%
Shares outstanding
‪1.22 M‬
Expense ratio
1.27%

About Listed Funds Trust Preferred-Plus ETF


Issuer
Sheaff Brock Capital Management LLC
Brand
Innovative Portfolios
Inception date
Mar 7, 2022
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Innovative Portfolios LLC
Distributor
Foreside Fund Services LLC
IPPP seeks to provide income by investing in a variety of preferred securities issued by US and non-US companies, namely traditional, hybrid, floating-rate, and convertible preferred securities. The fund will invest a substantial portion of its assets in securities from the financial sector, but may also invest in other sectors, with no limit regarding market-cap, credit quality, and maturity. The fund adviser selects securities it believes are undervalued by evaluating issuers on their fundamental characteristics, credit worthiness, corporate and capital structures. Prevailing market factors are also considered by the adviser. IPPPs strategy also includes an options overlay feature, which intends to achieve a credit spread on an S&P 500 ETF or Index by selling/writing an OTM short put option each month while purchasing an OTM long put option below the short option position. Prior to March 7, 2022, IPPP operated as a mutual fund (ticker: IPPPX) with $12.9 million in assets.

Classification


Asset Class
Fixed income
Category
Corporate, preferred
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of March 11, 2025
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate99.07%
Miscellaneous1.32%
Cash1.26%
Mutual fund0.35%
Rights & Warrants−1.99%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows