IPPP — Preferred-Plus ETF
Preferred-Plus ETF (ticker: IPPP) is a preferred stock ETF issued by Sheaff Brock Capital Management LLC tracking ACTIVE - No Index. It was launched on 2022-03-07.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 0.00% |
| 1 Week | -0.25% |
| 1 Month | 1.67% |
| 3 Months | 6.12% |
| 6 Months | 1.72% |
| YTD | 4.21% |
| 1 Year | 3.76% |
| 3 Years | 15.95% |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | NA | NA | — |
| 2 | Synovus Financial Corp | 87161C709 | 2.21% |
| 3 | Synovus Financial Corp | 87161C709 | 2.21% |
| 4 | Synovus Financial Corp | 87161C709 | 2.21% |
| 5 | Synovus Financial Corp 5.875% 07/01/2174 | 87161C709 | 2.16% |
| 6 | Synovus Financial Corp | 87161C709 | 2.16% |
| 7 | Synovus Financial Corp | 87161C709 | 2.16% |
| 8 | Synovus Financial Corp 5.875% 07/01/2174 | 87161C709 | 2.16% |
| 9 | Synovus Financial Corp 5.875% 07/01/2174 | 87161C709 | 2.16% |
| 10 | Synovus Financial Corp | 87161C709 | 2.16% |
Fund Profile
| Issuer | Sheaff Brock Capital Management LLC |
|---|---|
| Brand | Innovative Portfolios |
| Asset Class | preferred stock |
| Strategy | Active |
| Category | Preferred Stock/Convertible Bonds |
| Segment | Fixed Income: Global - Corporate, Preferred |
| Region | Global |
| Index Tracked | ACTIVE - No Index |
| Inception Date | 2022-03-07 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | IPPP |
|---|---|
| Full Name | Preferred-Plus ETF |
| Issuer | Sheaff Brock Capital Management LLC |
| Asset Class | preferred stock |
| Expense Ratio | 0.01% |
| Inception | 2022-03-07 |
| Index Tracked | ACTIVE - No Index |
Frequently Asked Questions
What does IPPP track?
IPPP (Preferred-Plus ETF) tracks ACTIVE - No Index, a preferred stock benchmark.
What is the expense ratio of IPPP?
IPPP has an expense ratio of 0.01% per year.
What is the AUM of IPPP?
Assets under management for IPPP are reported by Sheaff Brock Capital Management LLC and updated regularly on this page.
Does IPPP pay a dividend?
IPPP distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues IPPP?
IPPP is issued by Sheaff Brock Capital Management LLC under the Innovative Portfolios brand, launched on 2022-03-07.
Open the interactive IPPP dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.