Skip to Content
Morningstar

Preferred-Plus ETF IPPP

Morningstar Medalist Rating
Medalist Rating as of | See Innovative Portfolios Investment Hub

Morningstar’s Analysis IPPP

Will IPPP outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable IPPP’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the IPPP management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of IPPP’s parent organization’s priorities and whether they’re in line with investors’ interests.

Increased confidence in Preferred-Plus ETF's prospects relative to its Morningstar Category peers results in an upgrade in this strategy's Morningstar Medalist Rating to Neutral from Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings IPPP

More IPPP Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 112
  • % Assets in Top 10 Holdings 17.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Synovus Financial Corp Pfd

2.01
220,232
Financial Services

Athene Holding Ltd FXDFR PRF PERPETUAL USD 25 - Ser A 1/1000 Int Dep

2.01
220,173
Financial Services

JPMorgan Chase & Co Pfd

1.99
218,876
Financial Services

WESCO International Inc 10.625% PRF PERPETUAL USD 25 - Ser A 1/1000 Dep Sh

1.74
190,885
Industrials

Energy Transfer LP FXDFR PRF PERPETUAL USD 25 - Ser E

1.64
179,705
Energy

PacWest Bancorp FXDFR PRF PERPETUAL USD 1000 - Ser A

1.60
175,301
Financial Services

Brighthouse Financial Inc 6.75% PRF PERPETUAL USD 25 - Ser B 1/1000th int

1.59
174,741
Financial Services

American Equity Investment Life Holding Co PRF PERPETUAL USD 25 - Ser B 1/1

1.56
171,586
Financial Services

American Equity Investment Life Holding Co Series A

1.56
171,141
Financial Services

Morgan Stanley DR

1.51
166,170
Financial Services